Office Space Costs Are More than Just Rent

The cost for your office is more than just the rent you pay.  It's also the "triple net" (NNN) building maintenance fees, phone and internet costs, furniture costs, office equipment like copiers, postage meter, and fax machine, "kitchen" costs like coffee and paper goods, and receptionist/office manager costs.  These all add up in a hurry and also cost you time to put them in place, manage and maintain them.  An executive suite office reduces these costs by sharing them with everybody in the building and saves you time by managing them all for you.

Below compare the features, start-up costs, and monthly costs of an office at Front Range Business Centers with conventional "unserviced" office space. The conventional space in our example includes 500 square feet - enough for a private office, small conference room, reception area, and kitchenette.

The comparable Front Range Business Centers office suite in our example is 1,130 square feet including a 130 square foot private window office and 1,000 square feet of shared furnished and equipped conference rooms, reception areas, kitchen and common areas all available for your use.

  • Get more features and benefits.
  • Save on start-up costs
  • Save on monthly costs.
  • Save time, energy and effort - your office Check List is done!

 Download PDF of the Comparison Chart

Conventional Office vs. Front Range Business Centers

             See the Difference in Features

Feature

Conventional Office

Executive Suite Office

Initial Start‐Up Costs

High

Low – see Cost Chart below

Monthly Costs

High

Low – see Cost Chart below

Available Meeting Rooms

One – space you pay for, even if you don’t use it frequently

Seven – seat up to 25, furnished and A/V equipped, two locations

Kitchen/Lounge Area

Maybe - usually limited space that you equip and maintain

Yes – fully equipped, we maintain it and supply it

Length of Commitment

Typically 2–5 years

Flexible – Your choice from 3 to 12 months

Flexibility to Downsize/Expand

None or limited

Very flexible – add offices as you grow, downsize with ease

Availability

Wait 1‐3 months for improvements

Move in today

Receptionist/Secretary

You hire and manage, usually must provide minimum # of hours

Available as needed – we hire and manage, you only pay for the time you really need

Office Equipment

You research and manage all equipment – phones, internet, copiers, postage meter, fax machine, etc.

Already in place and available as you need them – no time on your part to research or manage them

 

              See the Difference in Costs

500 sq. ft. Conventional Rented Office vs. Front Range Business Centers Office

 

Conventional Office

Executive Suite Office

Monthly Fee

$500

(500 sq. ft.x $12NNN per year) divided by 12 months

795*

(1,130 sq. ft. for 130 sq. ft. window office + 1,000 sq. ft. of furnished meeting rooms, lobby, and kitchen areas)

Monthly Building Maintenance

(part of conventional space rent)

$208 (500 sq. ft. x $3)/12 months

$0

Phone & Internet Service

$150 (estimated – phone and fax lines, high‐speed internet)

$0 ($25/mo. if private fax line needed, all other phone/internet included.)

Receptionist/Assistant

(salary and benefits)

$1,250/month for part-time;
$2,500/month full-time

$0 for Included Receptionist

Secretarial service also available by the hour

Furniture

$0 (included with start‐up costs)

$0 (optional $100/month for rental)

Copier lease/maintenance

$150 (usually requires 3‐5 yr. lease)

$0 (pay by the copy IF you need copies)

Kitchen Supplies (coffee, paper goods)

$35 (plus your time to buy and manage)

$0 (unlimited coffee & tea included)

Total Monthly:

$2,293 ($1,018 without receptionist)

$795*

Security Deposits

$1,416 (usually first andlast month’s rent and building maintenance costs)

$300

Other Start‐Up Costs (furniture, phone & fax equipment, installation fees, tenant finish, kitchen equipment, etc.)

 

$2,000 or more

 

$150 set up fee + furniture

Total Start‐Up Costs:

$3,416 or more

$450 furniture (if you purchase your own furniture and don't rent)

*Less expensive offices are available starting at $595/mo. Your total monthly cost will vary depending on options you select.