Chiropractic office space for lease in Austin, TX
As a chiropractor, one of the best ways to make a good living is to open and run your own practice. However, finding the right office space has some difficulties.
The problem is you’re an expert in your field, not in negotiating commercial leases. These long lease documents can be complex and confusing – one small oversight on your part can be disastrous for your business.
The best way to find the perfect chiropractic office in a great location is to use a professional tenant rep or commercial real estate agent. These experts have a deep insight into your local market and can negotiate a great lease for you from their experience working with landlords.
Commercial leases are much more complex than residential agreements and trying to negotiate one on your own is a recipe for disaster. Within these contracts, there is specialized vocabulary and detailed clauses that can hide hidden fees and charges.
A professional agent can help you navigate these complex documents and negotiate the best deal. Be warned though, not every real estate agent is experienced in commercial leases.
Only those like Commercial Lease Locators, who has been working with commercial leases for some time, has the knowledge and expertise to avoid the common pitfalls. Let’s take a look at how we can help you find a great office location in Austin, Texas.
Don’t Be Surprised or Get Stuck in a Bad Commercial Lease
If you’re looking for a chiropractic office in Austin, then you’re in luck because there are a lot of great commercial spaces out there.
It’s fairly typical to see chiropractors set up in strip malls with good road access. However, there’s an increasing number of specialized medical complexes that are renting small, serviced offices. The great thing about these specialized offices is their location – they are invariably built near large hospitals.
When using an agent to help you find a commercial lease, you’ll have a much smoother experience than trying to navigate alone. First of all, an experienced agent has handled negotiations with building owners multiple times. They may have even secured leases for other tenants in the same building you’re targeting.
Most importantly, your agent will help you understand your lease and what you’re committing to. They will cut through the specialized terminology and legal speak and help you understand your rights, responsibilities, and obligations.
Once you’re happy with the location and lease terms, your agent will also help you negotiate the best deal. There are many ways a professional commercial real estate agent can squeeze out extra value for you, including owner funded build-outs, rent holidays and the insertion of clauses about lease transfers.
There are people who feel they can negotiate on their own and think working with a commercial real estate agent is a waste of money. These people don’t understand the nuances of complex lease agreements and they likely won’t discover the problems until years later.
Using an agent can help you understand the terms and negotiate a great price that will more than offset any costs you incur in the short term. Next, let’s go over some of the most common mistakes people make when negotiating commercial lease agreements.
Get Guidance with Negotiations Without Making These Common Mistakes
When we say commercial leases are complex, we are not exaggerating! This type of complex contract leads to many people making mistakes with their commercial leases. Here are some of the most common mistakes we see business owners making.
- Getting Attached
The biggest mistake people make in any real estate deal is getting attached to one property or location. Too many people pay above market value due to an irrational attachment. No matter how perfect you think office space is, there will always be another option around the corner so keep an open mind if you want the best deal.
All the time, we see amateurs taking the landlord’s word about zoning, which is a big mistake. Although the owner may have some idea about the local zoning laws, you shouldn’t count on their word alone.
The only way to know for sure about zoning is to speak to the local authorities. This should be one of your first steps so you don’t spend a long time negotiating a lease only to find out you can’t set up your business in that location.
- “Out” Clauses
Even in the beginning of your business venture, you need to consider how it might end. Commercial leases are generally for longer terms and a lot can change over the course of five to ten years. The inexperienced often fail to negotiate ‘out’ clauses into their contracts, which give you options for terminating, transferring or subletting your leased office. Make sure your lease includes terms in case your situation changes.
- Negotiating Concessions
One thing the average person doesn’t always understand is how flexible most commercial landlords are. It is common for would-be tenants to ask for amendments and additions to the standard contract and landlords are usually willing to play along in exchange for a longer contract. The key thing is – if you don’t ask, you won’t get!
- Not Reading Carefully
We live in a world where there is so much fine print we rarely take the time to read it in detail. With commercial leases though, not reading every clause carefully can be a critical mistake. Deep in the lease contract can be hidden costs that will sneak up on you if you don’t catch them during the negotiation process.
When seeking a suitable place for business, too many business owners start from a position of desperation. Maybe they’re in a rush to get set up, or need to move to a bigger office to meet increased demand. Regardless, you should never enter any negotiations from a position of desperation as it damages your ability to get concessions from the landlord.
Avoid all these common mistakes and many more by using a commercial real estate agent. With years of experience closing deals for office spaces, a good agent will make sure you get a well-situated commercial space for the best possible price.
Are you ready to start the search for your new office space? Here’s how you can contact Commercial Lease Locators.
Secure the Perfect Chiropractic Office for Your Practice
If you need a new office for your chiropractic practice here in Austin, we know how to find you the perfect space. Our agents have in-depth experience in helping businesses like yours all over the city find a home.
To get in touch, call us at 512-910-6270 between 8am and 8pm Monday to Friday or send a message via our contact form at any time of the day or night.
Commercial Lease Locators guarantees you will receive personal, friendly service. We always have tenant reps ready to help you decide on the perfect location and negotiate the deal directly with the landlord. Most importantly, our staff is committed to customer satisfaction above all else.
If you’re looking for additional resources on the chiropractic industry in Austin than we recommend the Texas Chiropractic Association
You could always try and find a lease on your own and risk complications or even attempt using an inexperienced real estate agent who may or may not get the job done right. Why bother with all that when you can use someone you can trust? By choosing Commercial Lease Locators, you will find the perfect office for the best price, without unwanted complications.
Start Your Search Today