Answering this question will call for a definition of a workspace for rent, simply because many people are unaware of what it is. After we do that we will tackle the issue of cost.
We are Paddock Place Office Suites, providing quality and affordable workspace for rent for the Greater Fort Worth area. Call us at 817-439-3224 for more information.
What is a workspace for rent?
Workspace for rent is also known as shared office space or coworking space. Simply stated, instead of leasing a full office for an entire year, workspace for rent is the leasing of a space in a shared office, by the month, with no minimum rental period required. A coworking space is usually a desk (workspace) with WiFi access, in a common room (office) shared with other entrepreneurs from other companies.
What does a workspace for rent cost?
We can only answer this question, with certainty, about our own Paddock Place Office Suites. Our shared office space starts at $550 per month. Again, there is no minimum number of months you must rent that space. Rent one month, take a month off, come back and rent again for two, take six months off, it does not affect the price at all.
The obvious advantage.
The advantage to shared office space should be obvious: cost!
Imagine a typical scenario, a small business owner, in need of an office. They go downtown looking for an office space to rent. Prices range from $1.50 to $7.50 per square foot, per month, and the minimum number of months are twelve. They sign a one-year lease for $1,500 per month. They then contact the utilities and have those hooked up; then WiFi; then they pay for signage, for furniture, and for insurance. By the time they open the doors for business, they have spent $10,000 at least.
With coworking space, you pay $550 for a space. WiFi and utilities are included. You also get a private mail box, a shared conference room, and a shared break room. There is no need for renting or buying furniture, no signage needed, none of the hassles mentioned in the first scenario. For $550, you can move into an office space carrying nothing but a box of paperwork and your laptop.
This arrangement is very popular with home-based business owners. It is very popular with traveling executives, and with small business owners who really do not need a full-time office for their employees. Remote employment makes the need for a full-time office a bit obsolete for many of today’s businesses.
A final word about Paddock Place Office Suites.
Paddock Place Office Suites is located in the Fort Worth Design District, in what was once a horse barn. It is unique, it is affordable, and it is in the fastest growing commercial and industrial area in all of Fort Worth. Call us today, arrange for a tour, and ask questions of our leasing agent. And, if you find you wan a full-time office space for rent, ask the leasing agent about Box Office Warehouse Suites, the most unique business park in all of Fort Worth.