If you’re in the market for Denver office space, one option that’s available to you is storefront property. Other businesses aside from retail establishments utilize storefronts quite successfully-here are a few things you should keep in mind before taking the plunge.
Type of Operations
The type of business you operate will play a role in whether or not you seek a storefront. You don’t have to rely on walk-in traffic in order to choose a storefront, as call centers, churches, and distribution firms have all done well in such locations. Even so, there are a few things to think about, including:
- Whether or not noise levels will impact your operations
- Crime rate in a given area
- Ability to expand into vacant, adjoining units to accommodate future growth
- How easy it will be to receive deliveries
- Amount of available parking space for employees and customers
Privacy can also be an issue, since storefronts contain a great deal of glass that would allow people to see inside them. Business owners sometimes compensate for this by covering the windows with custom drapes or blinds or adding tinting to them.
When renting in a major shopping center, your business could be significantly impacted should a major retailer suddenly “go dark.” Going dark refers to a major tenant going out of business or relocating to another area, thereby making your location suddenly less attractive. If there’s a chance this could happen, negotiate a clause that would allow you to either break your lease or obtain a significant rent reduction in the event a significant business suddenly goes dark.
Storefront property can often be the better choice for your business for a number of reasons. To make the right decision, you should look at several different properties, and then compare the pros and cons of each one carefully. To see some of the best space available in Denver, contact us.