IF AND WHEN YOU DO THIS, OR PLAN TO
The Space has to Accommodate You and the Tenant
This depends a lot on the amount of space that you have. You can’t offer a corner of a large main room and expect it to be realistic. If the tenants are going to share the same entrance, make sure they know that. That can be good and bad. They will be more like co-tenants with you. But that isn’t a bad thing if it is a less traditional setup and business relationship. There needs to be enough parking for them and enough common-area space. Usually, if the building is a certain size, there will be. Depending on the tenant’s industry, they would also need space for client parking.
If You Will Be Working Close to Them, They Need to Fit Your Office Environment
You don’t want them to have any effect on your company’s work culture. Any clients you have in the office shouldn’t notice them. They shouldn’t do anything to change the perception of your office or company to anyone who comes in. Once you know that they are the right fit, you can move forward with them. It can be easy to handle if done right and it will give your company some additional income. You could use it for other company expenses or to help pay off your loan fast enough. Companies that are looking to purchase property can get scared into leasing, but doing something like this increases flexibility. If you want to lease after you purchase your space, your broker will help you. It’s not going to be for everyone, but it is a viable option
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