If your company is looking for bargain office space and doesn’t need to be located on Main Street nor have a “corporate look”, I suggest looking at office spaces within warehouse or flex space buildings. Often, these properties are located within industrial parks, which, while not right on Main Street, tend to be convenient to most town centers and close to highways and major cross roads.
Though these buildings may not be your Class A, heavily-upgraded, multi-story offices, you will often find well-maintained and perfectly comfortable office suites within these industrial complexes. Additionally, many warehouse buildings have office space incorporated within them, and often times the building owners simply don’t need the offices for their business or they purchase investment properties with additional offices within the property.
The biggest difference is the price! These spaces are valued at prices much lower than your typical office space, but other than the type of building and location, the spaces may be identical to any other office you may have an opportunity to rent. Typically, rents run several dollars per square foot less than an identical space in an office-only building. These are the bargain deals and should be on your search list if your criteria allows!
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