Yarmouth Office Space

Why Leasing and Buying Office Space Is a Great Idea

For your business to succeed, you need a storefront where you customers and clients can go. Luckily, there are many different options available within this community. With its proximity to major roadways, this town is a convenient location for a range of different business types. Once you know if you want to lease or buy a property, you can start your search for your company's next headquarters.

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Discover the Area

All of Cape Cod's major east-west routes can be found within the community. Route 6A, Route 6 and Route 28 all cut through this town. Located in Barnstable County, this city includes three villages within its borders. Within the town, residents will find the villages of West Yarmouth, South Yarmouth and Yarmouth Port.

Spanning 24.1 square miles in size, this community is bounded by Cape Cod Bay on the north. The Nantucket Sound makes up the southern border. While Dennis is located on the east, Barnstable can be found on the western border. The city of Boston is placed just 75 miles to the northwest of town. The median home price in this town is currently at $269,000 and the average price per square foot is $352.

Leasing Spaces in the City

Within this community, there are spaces available in Class A, B and C buildings. Class A buildings tend to be the newest structures and in the best locations. They are sometimes located in landmark buildings. Within these Class A offices, businesses will typically find luxury amenities, concierge services and high-end designs. Because of all of these features, Class A buildings are generally the most expensive and have the least flexible leasing terms.

For better flexibility and a lower price, you can visit the Class B and Class C properties. Class C buildings generally have very flexible leases and a low price. They are often placed in less convenient spots, which is one of the reasons why they are more affordable. If your company does not need the extra amenities or an accessible location, these properties are a good option. For a mid-range price and a decent location, companies can visit the Class B properties in the area.

Buying Properties

If your company has the budget for it, buying a property is a great way to start a company. When you own the property, you are able to control how the property is used, who it is rented to and the amenities that it offers. Unlike rent, you are able to count on your commercial mortgage remaining the same. If you need to bring in an added income, you can rent out extra spaces at the property. These spaces can also be used for expanding your company in the future.

Other than tax deductions, owning the property also has a number of other financial benefits. When you rent a space, your rental cost disappears into the landlord's pocket. If you are the owner, the same funds can be used to build equity in the property. If you need to get a business loan in the future, you can use this equity as collateral. You can also regain the equity and additional profits when you sell the business later on.

Listing Properties for Lease and for Sale

Whether you want to buy, sell or lease a property, navigating the real estate market is not always easy. The marketplace is constantly changing, so you need expert help to find the right buyers or renters. If you need to list your property for sale or for lease, our team of real estate professionals can help. We have years of experience in buying, selling and renting businesses in the area. To find out how Boston City Properties can help your real estate search, call or email us today.

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