Office Property Checklist
Print the following checklist and use it to help you evaluate office space:

Location and Accessibility for:
clients/customers
vendors
employees (including proximity to executive's residence)

Costs of Occupancy:
Are all costs included in rent?

b>Parking for:
clients/customers
vendors
employees

Appearance: What message will be sent to your customers?
interior
exterior

Cleaning Service:
Are cleaning services included?

Elevator Efficiency:
If a high rise, is the elevator system adequate?

Access to amenities:
food service
recreation facilities
other: ________

Office space appearance:
carpet
wall coverings
dividers

Tenant Improvements:
Is there an improvement allowance?

Efficiency of the space:
private offices
open offices
little wasted space
oversized offices

Tenants in multi-tenant space pay a pro rata share of common area space (halls, etc.) and some poorly designed or older buildings have a high percentage of such space (wide halls, atriums, etc.).

If you are buying an Office property (owner-occupant or investor) also consider:
  • Income
  • Expenses
  • Mortgages
  • Condition of roof (age)
  • Condition of parking lot (ramp) and age
  • Tenants (length, type, credit)
  • Lease terms and conditions


Once you decide to sell or lease office space, a Commercial Services specialist will assist you every step of the way.

 

     
 
© 2011 Prudential Commercial Real Estate. An independently owned and operated broker member of BRER Affiliates Inc. Prudential, the Prudential logo and the Rock symbol are registered service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license with no other affiliation with Prudential. Equal Housing Opportunity.
For more information email info@prucommercialre.com. Login: Click Here.