Goff CRE Group represents the tenant in a Broomfield flex lease.

About the space

The lease covers 2,837 square feet of flex space at 530 Compton St in Broomfield. Flex space is the building type that combines office area with warehouse or shop space, usually with an overhead door, and it is the most common choice for contractors, trades, light manufacturers and service businesses that need a little of both.

A space under 3,000 square feet is a common size for a small business moving out of a garage, a shared shop or a home office. At that size, small differences in the lease (operating expenses, escalations, who pays for repairs) add up quickly as a share of the total cost.

What tenant representation covers on a lease like this

• Needs analysis. Size range, power, loading, parking and budget, written down before the first tour.
• Search and tours. Listed space plus options that are not widely marketed.
• Apples-to-apples comparison. Converting each option to an all-in monthly cost, since rates are quoted different ways. Our guide to calculating commercial rent shows the math.
• Letter of intent and lease. Negotiating rent, term, improvements and the clauses that drive cost over the term.
• Move-in. Coordinating with the landlord so the space is ready on the date the business needs it.

Highlights

• 2,837 SF flex lease in Broomfield, Colorado
• $13.00 per square foot
• Tenant represented by Alex Goff, Goff CRE Group of Nassar Realty
• Lease closed

Read more about tenant representation, or see all success stories, including a 6,450 SF flex lease in Lafayette.

The rate shown is the per-square-foot rate on this lease. Lease structure, term and total value are not disclosed. Rates vary by property and change quarterly; ask for current comparables.