Raise your hand if you like losing money.
We didn’t think so.
Let’s talk about options then, shall we? A lease vs. purchase analysis in Tampa, FL, run by our fabulous team, will show us which direction financially benefits your company.
New startup vs. existing company, slow growth vs. fast growth – these are just a few of the details we used to make a decision. Also keep in mind:
Up Front Costs: Leasing typically requires one month’s rent plus a security deposit, while purchasing entails more cost on the front-end (down payment, inspections fees, etc.). However, committing to purchasing a building early on can reclaim thousands of dollars of your real estate.
Flexibility: Many leases run from 3 to 5 years and you are subject to the Landlord’s conditions; purchasing your own space gives you the opportunity to truly make the square footage your own.
Finish Out Costs: Ideally a space for lease will be move-in ready but there is the reality that it may need improvements; purchasing a finished space offers a completed version – take or modify it as desired.
Whether you’re in the market for 2,500 or 10,000 sq. ft., let us run a complimentary lease vs purchase comparison in Tampa, FL, for you and keep more of your money where it belongs – in your pocket.