There are a lot of commercial real estate locations available for lease in the Houston area. Retail spaces of varying size are available and office spaces to fit any budget can be easily found. Start-up businesses can explore the use of co-op work areas to reduce overhead. Dependent upon your needs, there are plenty of options to choose from.
Navigating the commercial real estate market can be tricky, especially for first-time renters. A new business owner needs to understand everything that is involved when committing to a commercial lease.
I am an experienced realtor in the Houston market. My focus is on leasing commercial real estate properties throughout the city. I would love to help you find the ideal space for your business. Together, we can assess your needs to determine exactly what you are looking for. It's important to identify how you are going to use the space and how much space you would like to have. Understanding what you want will make finding the right property a lot easier.
Determining the Cost of a Commercial Lease
The cost of commercial real estate is typically calculated by determining the usable square feet. This is the amount of space that is being leased less the inaccessible areas such as hallways, stairwells, etc.
The square footage of a space is calculated on a monthly or annual basis. It's essential to know which method the landlord will be using.
Understanding a Triple Net Lease is of the utmost importance. This type of lease states that additional fees must be paid every month, outside of the square footage price. These costs may include property taxes, building insurance, and maintenance. This could add a considerable amount of money to a commercial lease.
It's important to understand what type of commercial lease you are agreeing to. People often think they have found an ideal property, only to be disappointed when they discover that it really is more expensive than they thought.
Let me help you navigate the Houston commercial real estate market. Contact me today to get started, so we can find the ideal location for your business.