You may think you know what you want and need in a business space, but focusing your requirements will save you time and money on your search.
The easiest journey to getting the Tucson commercial property lease that’s best for your business starts with asking the right questions.
You might know in the back of your mind what you want for your lease for Tucson office space, retail space or industrial space. In that case, you are ahead of the game.
But there are a lot of broad issues that need your attention. Answering the right questions will bring your needs and desires into sharp focus.
Accurately defining your requirements before you start the search process will save you time and get you started in the right direction. Committing your requirements to paper will also help as you visit properties to make sure nothing is overlooked.
At Commercial Real Estate Group of Tucson, we ask our clients a number of questions to help them move from a rough idea of their needs to a clearly defined objective. You will use this information to screen out unsuitable commercial properties once you start to make calls on available sites.
Here are some examples of the first questions we’ll ask you. By the time your answers are concise, you can practically picture the Tucson commercial property you’ll want to move into.
What area and vicinity are you most interested in?
Is a view important?
What is the lowest or highest floor your company would be willing to be located on?
How many people will work at this location?
What is your annual budget?
What length of lease do you prefer?
What parking and transportation will you need?
How many private offices, other offices, open workstations and conference rooms will you need? What size do these work spaces need to be?
How much room will you need for supplies, products, filing cabinets and computer systems?
Do you want employee non-working space such as a lunch room?
How large of a reception area do you want?
Do you have any special electrical, heating, ventilating and air conditioning needs?
What are your phone, computer and internet connection needs?
What do you need to do to be in compliance with the Americans with Disabilities Act?
As a rule of thumb, plan on between 150 and 250 square feet per person in a Tucson office space. Add to your calculations anticipated personnel growth that would occur over the five- to 10-year life of a typical Tucson commercial real estate lease.
This list is a little different. As you tour potential Tucson locations to lease, the landlord or owner’s broker will likely ask you some qualifying questions.
Before you’re in that situation, we suggest you think about what information are you prepared to give up and what you will want to hold back. In lease negotiation for Tucson commercial property, information given too quickly can compromise your bargaining power, especially if time is short.
Here are some examples of qualifying questions.
When does your current lease expire?
What is your budget?
What other properties have you seen?
Why do you have to move?
Do you have any other options?
Are you working with a broker?
You may feel that this list of questions—plus many more factors that need to be addressed—is overwhelming. As tenant representatives, we can help you focus on your needs and wants for the success of your business.
That’s because we know the questions that should be asked. And we know when your answers are detailed enough to get started on considering potential Tucson commercial properties.
Commercial Real Estate Group of Tucson specializes in representing tenants and corporate users across the United States, Latin America, Europe and Asia as a member of ITRA. For more information call +1-520-299-3400.