Cost To Rent Office Space
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From class a space to smaller office space in michigan find the space to meet your needs.
Cost to rent office space. Search for michigan office space for lease on cityfeet. Using a 10 000 sf tenant as an example that amounts to 709 000 per year or 59 083 per month. Working with the same building and rent for a monthly amount works out to the annual quote of 25 300 divided by 12 months for a monthly rental amount of 2 108 33. How much does it really cost to rent an office space.
Buildings in the cbd however do have their drawbacks that need to be accounted for before you decide to lease space there. Longworth hall is a 300 000 sf office complex located next to downtown cincinnati. In new york the average price for office space per employee costs about 14 800 per year. The average for office space per month in new york is about 6 16 per sq ft.
We browsed multiple commercial listing websites such as loopnet and came up with a square foot average on our chart below. Make a home for your business with a private office in one of our buildings. As you can see from the chart it currently costs approximately 70 90 per sf to lease office space in the cbd. That means rent is fifty two dollars per square foot per year or 4 33 sqft per month.
If your space is 1 000 square feet that s 6 000 a month in rent. The far west end contains a regional design center. The monthly cost of an office space in new york city is greater than 6 per square foot while the cost is as little as 1 74 per square foot in atlanta. The most expensive city to rent office space is in new york.
Our fully equipped workspaces have everything taken care of from the furniture to the high speed wifi so you can focus on driving your business forward. Average commercial rent per square foot. The average cost for office rental rates per square foot varies depending on where you plan to set up. This works out to 2 200 x 11 50 25 300 per year for rent.
Office space rental rates. It is a former warehouse built in 1904 and converted to loft style office space with primarily creative tenants both large and small. Free parking is included in the lease. The typical price of an office space varies from less than 2 to more than 6 per square foot per month.
Next let s look at rent.
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