5 Ways to Evaluate Potential Office Space for Lease, Austin

Are you looking for ways to support the growth of your Austin-based company? Do you want to find a setup that brings your entire staff together? If so, then you need to learn all that you can about how to find office space for lease in Austin.

Doing so can help you understand what to look for when renting office space. It’s all about finding the right service to help you, as well as considering what your company’s needs are both now and in the future.

See below for an in-depth guide listing several key ways to evaluate potential office space for lease in Austin TX.

1. Consider the New Business Model

The 2020 pandemic opened many companies’ eyes to the productivity that employees can have when they work remotely. While nothing beats being in person with your fellow colleagues, overlooking the opportunity for some remote workers will put your company behind.

Applicants now see the beauty in a company that allows them to work remotely, even if it’s only for a couple of days each week. That said, workers understand that the demand of your industry might require them to be in person most or all of the time.

Regardless of whether you choose to offer some fully remote positions or a hybrid concept, be sure to factor it in as you’re finding office space to inquire about. 

Take a headcount of your current staff; how many of them are interested in working remotely? If you are offering hybrid roles, how often will you require your staff to be in the office? Will they need their own designated area/office, or can you create an open desk concept on your office layout?

Asking these questions beforehand can help you in your search. You’ll understand how big of a space you need to fulfill the in and out of your staff.

2. Plan for Future Growth

The current state of your business isn’t what it will look like two or three years down the line. Coming off of the pandemic, most industries are still finding their footing; that means that you can expect ample growth as the economy continues to flourish.

Even with the 2020 pandemic and all of the stress that experts figured it would cause on the market, the economy has recovered rather quickly; so it isn’t ignorant to expect continued growth.

Economy aside, your company will continue to grow year by year. That means a larger staff, which in turn means more technology hardware, more desks, more coffee in the breakroom… you get the idea!

When looking into office space for lease in Austin, make sure you aren’t just fixated on the current size of your company. If you’re going to be renting this space for the next three to five years (the common length of a commercial lease), then you want to factor in the growth potential.

What are your company’s long-term goals for revenue, profit, and growth? What kind of staff headcount would you require to keep up with that growth? Can the office space you’re looking at fulfil that need?

3. Find a Conflict-Free Real Estate Advisor

While they may not realize it, most company owners doom their search for office space from the start by choosing the wrong real estate firm for the job.

Most real estate firms represent both clients (you) and landlords, which can easily become a conflict of interest. They aren’t necessarily looking for the best fit for your needs on the market, they’re just looking for something that fits you best among the landlords that they represent. 

Here at Austin Office Space, we operate on what’s called a conflict-free real estate service, which means we only represent the client (you). We’re focused entirely on the Austin market, scouring commercial listings to find one that fits all of your needs.

The best part? Our service is of no cost to you. We earn a commission paid by the landlord, so all you have to worry about is covering the costs outlined in your new commercial lease!

4. Think of the Amenities

Today’s workforce is all about the perks. They want to find companies that offer innovative and attractive amenities to recruit their top-tier talent. Why? Because it shows that the company is reinvesting in their staff. 

When looking for new commercial rentals, be sure to keep amenities at the front of your mind. Does the area come with any built-in amenities? What amenities does your office currently offer and will they fit in the new space?

Get creative with this. Research some cool concepts for company amenities and find an office space that can help you turn them into a reality.

5. Consider the Location

Location, location, location. Every company owner since the dawn of time has heard that expression regarding the importance of your company’s headquarters.

Don’t sacrifice location for the price. Try to find an up-and-coming area or a community that’s working its way back up; that way you can have a hand in the revitalization of that community.

What resources are nearby? Is there public transportation available for your staff? Are there several options for lunch spots around? 

Find the Perfect Office Space for Lease in Austin Today

Now that you have seen an in-depth guide on several ways you can evaluate potential office space for lease in Austin, be sure to use this information to your advantage.

Take the time to read this article for more information on how to find the perfect office space for your company. Reach out to us right away at 512-349-0003 to get started!