- November 21, 2018
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Baton Rouge is a diverse city with a lot to offer. This factor makes it a popular place to live, work, and play. With so much going on, finding office space in Baton Rouge can be a little bit daunting if you’re unsure of what you are looking for. Taking some time to get clear on some important factors that will affect your relationship with your new space is imperative to a successful move. Read on to determine what questions you might want to ask yourself as you begin your hunt for the right office space.
What type of space do I need?
The first question you will want to ask yourself when searching for office space in Baton Rouge is what type of space you need. If you are a one-man show or a very small start-up company, you may want to consider looking for shared spaces where your business can grow and expand at a steady pace without a lot of overhead. Larger companies may be seeking individual offices or entire office buildings. Investors may be looking for even larger properties, such as office parks. Regardless of what you are looking for, at SVNGLL, we have a range of commercial office properties for every need, size range, and budget.
Where do I want to be located?
According to Wikipedia, Baton Rouge covers roughly 79.1 square miles of Louisiana. This means that searching for the right office space in Baton Rouge might take you quite a bit of time if you don’t have some idea of where you’d like to look. Depending on what type of office you are running, your desired location will be different. Savvy tech companies might be looking for property that’s available in the more modern areas of the city, while businesses geared more towards a younger crowd would likely do better in closer proximity to any of the fine colleges and universities in the area. There’s a lot of truth in the statement that location is everything. The point is, if you want your business to be successful, this is a question you will want to put a lot of thought into.
What is my budget?
Regardless of whether you are looking to lease an office space in Baton Rouge, or you’re interested in investment opportunities, your budget is going to largely determine what’s available to you in the current market. Keep in mind that any type of commercial property comes with a lot of overhead that you might not think about. As a lessee, you will want to consider that your monthly rent may only be a portion of the price tag. Depending on what type of lease you agree upon with your landlord, you may also be responsible for a portion of the property insurance, taxes, common area maintenance (CAM), and utilities, among other things. As an investor, it’s important to realize that any immediate maintenance of the property (particularly if unoccupied) will be up to you to fix so that it is ready for lease. Make sure to include some wiggle room with your budget in case you get in a bind.
Who do I want to work with?
Perhaps the most important question you will face in your search for office space in Baton Rouge is who you want to work with. Finding commercial office space can be a long and grueling process. In fact, most office relocations take upwards of six months from the day the search begins until movement into the new space. For this reason, it’s imperative that you work with a realtor who is trustworthy, accessible, and who understands the market. Not all realtors are created equally and not all have the same understanding of the different niches of commercial real estate. Each of these niches has its own set of rules, regulations, and standards that should be understood by your realtor and explained to you. When searching for the right agent, make sure that they have expertise in commercial office space.
Interested in Finding Office Space in Baton Rouge or the Surrounding Area?
Whether you are a prospective tenant or an investor, working with the right real estate agent is the best way to ensure that you close a deal that leaves you feeling fully satisfied. At SVN | Graham, Langlois, & Legendre, LLC, our team brings over 99-years of combined experience in the Baton Rouge market to help our clients find the right properties at the right price! We won’t stop until we know you’re one hundred percent content with the deal we’ve put together. Take a look through some of our available properties and contact a team member today to get your search started!