How to rent commercial office space?

If you want to invest in a property, you can invest in commercial real estate. Startups and MNCs are always looking to rent a property to flourish their business. But before deciding on investing in commercial property, you should know the points about how to find office space to rent.

How to rent office space?

Here are a few steps to follow to know how to rent commercial office space.

• Post your Ads on Social Media:

  Due to the pandemic, we realised how social media can help us get everything at our fingertips. There are so many platforms you can post your property for free. Instagram, Telegram, Linkedin, Facebook, etc are the easiest way to get connected with big MNCs or start-ups who are willing to rent new properties to set up offices. You can also directly write a letter to a particular company that wants to set up an office in a building.

• Use Billboards: 

One of the noticeable ways to create awareness for your rented property is to make use of billboards. It is one of the oldest methods to rent out your property. And this method is very effective. 

• Join a real estate organisation:

It's better to join a real estate organisation if you are owning a commercial property. The more connections you have the easier it is to rent your commercial property. It gives you a clear idea about the profit, clients and about the current market strategy to rent out offices. So, by joining a real estate organisation you will have a better edge than someone who is not a part of it.

• Commercial real estate experts

Another old but effective way to rent commercial property to offices is to hire brokers. Although they take a percentage of the total lease amount, they take on contractual responsibilities which is definitely a hectic job. Since they take a huge amount of money it is better to post your property on commercial real estate websites such as NoBroker, Magickbricks, and Makaan.com.

• Create 3D virtual tours to attract customers 

Providing 3D virtual tours will provide a better edge. 3D virtual tools are preferred by franchise owners since they will not travel to a location before settling down. 

These are a few tips you should consider renting your property to office space. I hope you understand what I have written about how to find office space to rent.

Read more: