Finding the perfect executive suite for your business can be challenging, but asking the right questions can help you secure the best deal. Here are some tips and questions to consider:

  1. Identify Your Must-Haves
  • Make a List: Determine what you can and cannot live without for your business. This will help you focus your search and avoid unnecessary compromises.
  1. Start Your Search
  • Take Good Notes: Keep detailed notes on each center you visit.
  • Trust Your Instincts: If an office “feels right,” it probably is a good choice.
  • Beware of Too-Good-To-Be-True Deals: Offers that seem too good to be true may have hidden costs.
  1. Narrow Your Choices
  • Limit Your Options: Narrow your choices to 3-5 centers. Looking at too many options can be overwhelming and lead to poor decision-making.
  1. Negotiate Wisely
  • Be Honest: If you like a center but another one is offering a better deal, call and ask if they can match it.
  • Avoid Over-Negotiating: Most leasing managers will give you their bottom line if you ask. Continually asking for more concessions can strain the relationship and start things off on the wrong foot.
  1. Key Questions to Ask
  1. What is the rent after the initial lease term?
    Ensure you know if and how much the rent will increase after the initial term.
  2. Are there any hidden costs?
    Ask about additional fees such as utilities, maintenance, or parking.
  3. What amenities are included?
    Confirm which amenities are included in the rent and which are extra.
  4. Can I negotiate a rental cap?
    Request a cap on future rent increases to avoid unexpected hikes.
  5. What is the lease renewal process?
    Understand the terms and process for renewing your lease.
  6. What is the policy on lease termination?
    Know the terms for breaking the lease if needed.
  7. Is the center privately or corporately owned?
    Privately owned centers may offer more stability and personalized service.
  1. Respectful Negotiation
  • Mutual Respect is Key: Approach negotiations with respect and honesty. This fosters a positive relationship with the leasing manager.

Conclusion

By asking these questions and approaching your search with a clear strategy, you can find the best executive suite for your business needs. Remember, whether it is for an executive suite space or just a virtual office lease, ViewPointe Executive Suites can help. Visit us at www.viewpointecenter.com to take a virtual tour. ViewPointe Executive Suites now offers an Electric Vehicle Charging Station on the premises. Contact us at 702-990-8800 for more information.

Chris
Leasing Manager