Sublease Austin Office or Warehouse Space
Austin office subleases provide an opportunity for you as a tenant to sublet an office or warehouse space in Austin potentially below the current market leasing rate. There are advantages and disadvantages to subletting an office space or warehouse space. There are also distinct potential benefits as to take on this type of lease. Within the information below, you will find a quick snapshot of what is involved when you sublease an office or warehouse. If you would like more detailed information please click on the bottom link.
Warehouse Sublease
A warehouse space that is for sublet is not as easy a find and not as typical, however they do exist from time to time. Austin office space subleases are more prevalent and depending on the current market may increase or decrease in inventory. For warehouse properties, what tends to be more prevalent is a warehouse property that is occupied by an existing tenant that wants to sublease some of their space while they still occupy the warehouse. These companies can be owners or tenants on a master lease.
Some advantages of office or warehouse subleasing are as follows:
A tenant may be able to sublet an office or warehouse at a discounted lease rate. If you require a shorter lease term, a sublease may work much better for your company or if you are a startup and want something for less than 3 years, this may be the solution for you.
More About Subleasing Benefits and Disadvantages
Some disadvantages include:
- No signage for the office or warehouse space, making subleases more difficult to find
- Subleasing an office or warehouse space may not be financially sound depending on what the Sublessee’s (meaning you as the new tenant) credit is like
- You will have to take the office or warehouse space “as is” since there is typically no improvement allowance unless they are minor like painting etc.
- If the sublease term is too short, we can help you negotiate a direct lease in conjunction with your sublease so you can occupy the space for a longer lease period.
Take advantage of our monthly tracking online within this website of office subleases or warehouse subleases in the Austin area; contact us today for a free assessment or for more recent data!