How much does office space cost in Houston?

Houston Office Space for Rent | Average Cost per Square Foot

How much does it cost to rent office space?

The US average cost for office space by square foot is between $8-$23. The two starting factors to consider when pricing out an office space is how many employees you have and the location you need the office to be. If you live in a larger city where space is at a premium, the cost to rent an office is often higher.

Is it better to rent or buy an office space?

Renting is the best option if you don’t want the headache of owning a property and prefer to have more cash flow than equity. If you care about equity more and prefer to have more control over the place, you would be better off buying an office space.

How much does it cost to run electricity to land?

How much will bringing utilities to the land cost me? Well, the short answer is that it depends. Utility costs can be anywhere from $10,000 to over $30,000 depending on your location and proximity to public utility connections. Furthermore, some cities and power companies charge more for their services.

How much is the average electric bill?

What is the Cost of the Average Electric Bill? The average electric bill in the United States is $117.65 per month, according to recent data from the U.S. Energy Information Administration (EIA).

Can I buy office space?

Buying office space can require a significant cash outlay upfront. You may not have the cash for the down payment or want to tie up your cash in real estate. Depending on the legal structure of your practice, you may need to amend your legal partnership agreement to include jointly owned property.

Why do people rent office space?

Rental office spaces are a more plentiful and more affordable option that gets your business set up in what would normally be an unaffordable locale. You can have access to key downtown amenities and prime business locations to better attract and appeal to clients and customers.

What to look for in an office space for rent?

Check health and safety regulations to determine whether rented office space provides adequate ventilation, temperature controls, lighting, toilets and kitchen facilities. Look for an office with 24-hour access, if you need to work outside normal business hours.

How do you find office space to rent?

You can find and lease office space for rent by identifying spaces through online listings or brokers that meet your business’ current needs, budget, and potential for growth. Brokers are either listing brokers or tenant-brokers, which can help identify properties, schedule walk-throughs,…

What is commercial office space?

Commercial office space refers to an official work area dedicated to business and commerce. This may be as small as the size of an office for one worker or as large as a high-rise building with dozens of floors.