Are you looking to lease or buy commercial real estate in Highland Park for your business operations? You know your company best, but when it comes to finding a space you may feel a little green. Enlisting an experienced commercial real estate agent to help you in your search can help make sure you’re asking all the right questions. Here are some of the big topics you shouldn’t miss.
Accessibility
First and foremost you should assess how clients and other guests of the business will enter the space. Inquire about the building’s opening hours and make sure that they will suit your company’s purposes. Consider the accessibility for handicapped guests you may host and ensure there is a plan in place for them. If the majority of your business’ employees and guests travel by car, now is a good time to ask questions about the ease of parking.
In-Building Neighbors
Depending on the nature of your business, it may be highly important to ask questions about the current tenants in the building. If the space is a good fit for you—it may also be a good fit for one of your competitors! Having a similar or competing business operating out of the same building may result in unintended consequences after you move in. Alternatively, you may find that there is a business operating in the building which offers services that are complementary to yours.
Maintenance and Utilities
Whether the building is new or old, break-downs are bound to happen. Ask questions about the state of the plumbing, electrical, and HVAC system—this can help you determine how frequent utility failure may be. Inquire about the availability of maintenance and building management; how often are they on-site? How easy are they to get in touch with? Finally, if your business has certain technological needs, ensure that the building can support those requirements.
The Build-Out Policy
It’s almost impossible to find a space that comes perfectly suited to your business needs on day one. You will want to know what the building’s tolerance for modifications is like, and whether or not you will be able to make the changes necessary for your company to thrive. Some buildings may have a built-in improvement allowance included in the leasing contract—will this be enough to cover your changes or provide a sufficient supplement?
Buying Commercial Real Estate In Highland Park?
Let the Frontline Real Estate Partners help you in your search. We can assist you with finding the perfect space to set your business up for success. Don’t hesitate to contact us today, we’ll get started searching for you immediately.
