If you are in search for an office for rent, you will want to read this article. We get beyond the advertised rental price, dig deep, and let you know what you will really pay for that office rental.
We are Paddock Place Office Suites, serving the Greater Fort Worth area from our location in the Fort Worth Design District. Call us at 817-439-3224 for more information and to arrange for a tour of an affordable office suite.
The advertised price of an office for rent
Let’s get down to basics. An office rental is based upon the square footage of that office. The price per square foot will vary depending upon the city you live in, but the bottom line is this: bigger will be more expensive in almost every instance.
As a very general estimate, you can expect to pay a monthly rental fee of between $1000 and $3000 per month, depending upon the size and location of that office. In addition, you may be asked to pay first and last months rent, and a damage deposit. In other words, before you ever move your first office chair into that office, you will be looking at an initial payment somewhere in the $3000 to $9,000 neighborhood.
Exorbitant to say the least, and completely out of reach for a small business owner just starting out. Hence, the proliferation of home-based businesses . . . most small businesses cannot afford to rent an office suite.
The secondary costs of an office for rent
Now we really get down to the nitty gritty. Tack on the cost of utilities. Tack on the cost of WiFi. Tack on the cost of signage and furniture. Tack on the cost of liability insurance. Tack on the cost of advertising your new location.
Tack on thousands more.
Perhaps you might benefit from this alternative idea
In no way are we trying to be discouraging. We are, however, being realistic based on our everyday knowledge of the office rental industry. We see this every single day in the Fort Worth area. We have offices for rent, in traditional business parks, and we charge similarly for those offices.
But we also have coworking space available at Paddock Place Office Suites, and that is a whole new ballgame for a small business owner.
At Paddock Place Office Suites, you simply pay, by the month, for an office space when you need it, and the rental cost includes utilities, Wifi, and insurance. If you only need an office for a month, great, we have it for you. If you need an office for three months, or six, we have it for you. You don’t need signage because you are not renting a permanent location. You are simply renting an office when you need it, short-term, and that makes all the difference in the world for small business owners with a tight operating budget.
A final word about Paddock Place Office Suites
Need more information about coworking space? Call us and arrange for a tour of Paddock Place Office Suites. We are locally owned and operated, and we have the office space for rent you need, but only for when you really need it.
