No matter where you are located, finding office space for rent is not a problem. The problem arises in finding office space for rent which matches your needs and your operating budget. If you are a small business owner in particular, or a home-based business owner looking to expand, you know all too well about the problems associated with finding office space for rent.
We have a solution, and we invite you to give us a call after you read this article.
Let’s look at three problems you are likely to face as you search for office space for lease.
Office space too large
Commercial property for rent, and industrial property for lease, is almost always too large for small businesses. That is because most of the available space was built back in the 40s and 50s when businesses were large in scale. But it’s a new day today. Small businesses rule the commercial landscape, and small businesses do not need office space for rent of two-or-three thousand square feet in size. In most cases they need office space under a thousand square feet in size, and office space that size is hard to find in most cities.
Office space too expensive
On a related note, office space which is too large will almost always be too expensive for a small business owner. Most small businesses cannot afford office space which costs two-or-three thousand dollars per month. That kind of operational expense simply will not fit into their operational budget, now or in the foreseeable future. A rental fee under one-thousand per month is more like it, but where does one find commercial property for rent for that little amount?
Office space poorly located
And if the business owner is lucky enough to find small office space for rent for a low rental price, it is all too often located in a part of town which can generously be called downtrodden, rundown, and in serious need of revitalization and gentrification.
So what is a small business owner supposed to do?
One solution in the Fort Worth Design District
If you are in the Fort Worth, Texas, area, one solution to consider is the new Fort Worth Design District, located just off I-35 in the Alliance Area. The District is made up of three business parks:
- Box Office Warehouse Suites
- Paddock Place Office Suites
- Golden Triangle Business Park
At Box Office Warehouse Suites, offices can be rented for $875 per month, and they are 320 square feet in size. At Paddock Place Office Suites, coworking space can be rented for $400 per month, on a month-to-month basis. Small businesses are flocking to The District to take advantage of this uplifting and profitable business opportunity.
But what if you don’t live in Fort Worth?
Check around your area for a similar design district. Most major cities have them. The future of business, the heart and soul of business, is small business. This is the direction commercial real estate is taking, so stay hopeful and keep your eyes alert for the right opportunity.
Call us for more information about the Fort Worth Design District. We are RDS Real Estate, the managing firm for The District, and we are standing by with the answers you need.