Cost Comparison

Office Space Costs Are More than Just Rent

The cost for a conventional office is more than just the rent you pay.  It’s also the “triple net” (NNN) building maintenance costs for things like utilities and property taxes.  Then add costs for phone and internet, furniture, office equipment like a copier and postage meter, “kitchen” supplies like coffee, sugar, creamer and paper goods, and receptionist/office manager staffing.  These all add up in a hurry and also cost you time to put them in place, manage and maintain them.

An office in a business center (or shared workplace) reduces these costs by sharing them with everybody in the center and saves you time by managing them all for you.

The two charts 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 is 500 square feet – enough for one private office, small conference room, reception area, and kitchenette.

The comparable Front Range Business Centers office in our example is a 130 square foot private window office plus 1,000 square feet of shared furnished and equipped conference rooms, reception areas, kitchen and common areas all available for your use.  Different office sizes are available ranging from 100 square feet to 250 square feet.  As the chart shows, with an office at FRBC you –

  • Get more features and benefits.
  • Save on start-up costs
  • Save on monthly costs.
  • Save time, energy and effort – we take care of it all for you!

Download a PDF version of the charts below.

Conventional Office vs. Front Range Business Centers

Features Comparison

Feature

Conventional Office

Executive Suite Office

Initial
Start-Up Costs

Higher

Lower – see Cost
Comparison below

Monthly Costs

Higher

Lower – see Cost
Comparison below

Available
Meeting Rooms

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

Seven – seat
up to 20, furnished and A/V equipped, two
locations

Kitchen/Lounge
Area

Maybe – you equip it and supply it, space you
pay for even if not used much

Yes – fully
equipped, we maintain and supply it

Length of
Commitment

Typically 2–5
years

Flexible – Your
choice of month-to-month, 3 months, or 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
in many cases

Receptionist/Secretary

None or you
hire and manage and 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, etc.

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

Cost Comparison

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

Feature

Conventional Office

Executive Suite Office

Total Monthly
Including:

$2,758  ($1,158
without receptionist)

$825* ($925 with optional furniture rental)

“Rent” + NNN Fees

$625 + $208 =
$833

(Assumes total 500 sq. ft. for office, meeting room,
reception area and kitchen at $15/sf plus $5/sf NNN per year) divided by 12
months

$825*

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

Phone & Internet Service

$150 (estimated – 2 phone lines, high-speed internet)

$0 (included with “rent”)

Receptionist/ Assistant
(wages and payroll taxes)

$1,600/mo. part-time; $3,200/mo. full-time

$0 for Included
Receptionist

    Secretarial
service also available by the hour

Copier Lease/ Maintenance

$125 (usually requires 3-5 yr. lease)

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

Kitchen Supplies (coffee, sugar, paper goods, etc.)

$50 (plus your time to buy and manage)

$0 (unlimited coffee and tea included)

Total Start-Up
Costs Including:

$2,666 or more + furniture

$599 + furniture (if you provide your own)

Security Deposit

$1,666 (usually first and last month’s rent and NNN fees)

$400

Furniture

$0-$2,000

$0-$2,000 (optional $100/mo. for rental)

Other Start-Up  Costs
(phone equip., installation fees, tenant finish, a/v equip., kitchen equipment, etc.)

$1,000 or
more

$199 set up
fee

*Pricing is based on a sample office. Less expensive offices may be available starting at $595/mo. Your total monthly cost will vary depending on the options you select.

Contact us today to get pricing or to schedule a tour!