Assuming that now your plans to move forward leasing commercial property is more than just a dream or a plan on paper anymore, you are going to have to take an office tour at some point to find the best space for your business. A skilled team of tenant representatives, such as those at LCI Realty, can help you find the best space and negotiate an optimal lease, but you still have to prepare your own checklist. Before you take your office tour, make sure you create a plan to check out all of the things that people tend to overlook when viewing a property. This checklist will give you an idea of what people often overlook in their office tour that end up costing them lots of money.
The HVAC System
The heating, ventilation and air conditioning system is one of the most important systems that you never think about until it’s broken or costing you money. Usually it’s up in the ceiling or behind a wall or in a place that leaves it out of sight, so the saying “out of sight, out of mind” seems to apply. However, when it’s hot and you don’t have AC or when it’s cold and you’re freezing because your heater isn’t working, you will definitely be thinking of your HVAC system. In that regard, it’s vital that you take the HVAC system inspection seriously on your office tour walkthrough.
The Electrical Infrastructure
The electrical systems in your building include the HVAC system, but there are a lot of different power structures in your building and they can be outdated, dangerous, faulty or simply a drain on your resources. Just like it’s necessary to turn on all the lights and check the gauge and research comparable electrical rates when you view a residential property, you should do the same with your office walkthrough.
The Water System
Much like the electrical system can cost you a ton of money, running water or water issues can cause extensive damage to your building or your wallet. Running water adds up quick and nothing can damage the foundation like leaking water in an unwatched area. When you go through an office tour with your tenant representative, make sure that you check out the various aspects of the water system, including the daily implements employees will use often, the sewer and non-potable emergency water and the irrigation system.
The Landscaping Requirements
On the irrigation note, make sure that you take a look at the existing landscaping and how it might affect your business and your bottom line. Some landlords make it the responsibility of tenants to manage and maintain the landscaping or certain aspects of the landscaping. This should be evident in your lease and it’s something that you should discuss with your tenant representative, but don’t sign a lease until you have seen what the landscape concerns would be.
The Parking Situation
As discussed in a previous blog, your parking situation is way more important than most people imagine. When you’re on your office tour, make sure to ask about and examine the parking provisions. Will there be enough for your clients? What about your team? Is there any concern for safety with the parking situation. An awareness of your parking situation gives you an idea of what is justified to include in your lease or what could be a possible tenant improvement allowance.
The Surrounding Area
After your office tour, don’t get too mystified by a cool or advantageous space to consider where the space is located and what is in the surrounding area. You should consider two things when looking over the surrounding area: advantageous landmarks and risks or dangers present in this area. After your office tour, take a quick drive and see what’s around the spot, including food and drink, entertainment, hospitality and public service? Does this seem like a desirable spot? Also make sure to check out the area using an app such as CrimeReports or AreaVibes which will show you collected data on how safe an area is. Remember that crime does happen everywhere, but high crime areas can be hard to contend with depending on your business.
Overall, you just want to make sure that your office tour is more about research to make sure you get the best space for your business, rather than a confirmation tour for the first space you come across. You don’t have to sign a lease on the first spot you find. When you employ the expertise of the LCI Realty team, you can rest assured that you will find the best office space for your business and they will help you look over all the factors on this list. Contact the team today by calling 480-565-8981 today.