Have a Spare Office Space to Rent Out?

In this commercially advancing world, office space is one of the most important sought-after properties. Companies that have vacant spaces can consider giving it out for rent.

Underutilized Office Spaces?

Some offices may have big conference rooms, small meeting rooms, or even vacant cabins that are not being utilized up to their capacity. These underutilized spaces can add to your income. You can list these spaces online for rent, and voilà! You will find people reaching out to you. If you add amenities like a printer, fax, whiteboard, or a projector along with office space, you will find the demand for your underutilized space going up, and you will start earning a good income out of it.

Consider Renting it Out? 

Are you still wondering whether you can rent out your extra space in the office? Currently, ShareDesk is a key contributor to the sharing economy. They provide shared workspaces by renting it to freelancers.  

Some well-known companies like; Airbnb and Roomorama have proven this idea of short-term renting of residential places. Thus, this idea can work well for commercial spaces as well.  

Don't believe it? Let's look at some reasons to rent out your extra office space.

Have a look.

You can work with new folks

Co-working is a trend now as this community brings companies and freelancers under one roof. As a result, co-working software is becoming a trend. This will result in professional connections and interactions.  

For example, if an advertising agency rents their free space to a design agency, then it will benefit both the agencies in their growth.  

Thus, if you have a spare space in your office, then rent it out to the people who are running a business that you want to associate.  

Extra Income

Renting out your spare office space can help you earn extra money. You can earn tens of thousands every month as per the location and size of the spare room.

Now, you may consider it a stressful job as you may need the help of a broker. However, now you can do this without the help of a broker as well. You can list your space digitally via Rentcubo’s rental management software, which is more flexible and hassle-free to use.

Make a community of individuals with a similar mindset

If you have vacant space in your office and want to rent it out, then consider people who are of a similar community. For example, if your office space is in a location, which is famous for startups, then consider choosing startup businesses as tenants.

Network Opportunities

As there is an increase in professionals working as freelancers, there is a growing need for co-working spaces. Shared office spaces can conveniently meet the needs of such professionals who are working on projects. A shared office opens up opportunities for most professionals to be creative and interact with people from different fields. They can meet people from their background or even competitors. It helps them in getting a broader view of how things are changing in the market and adapt to these changes quickly.  

Rental Booking Software

Some businessmen have to travel a lot with regards to their work. The schedules of these businessmen are generally busy with meetings and catching up with work. However, they wouldn't prefer to conduct the meeting in a hotel lobby or chat with clients in their room. They would prefer to conduct their meetings in an office-like environment with access to a printer, whiteboard, and other such amenities.     

Rented Office Space as Solution 

Now, in this situation, they would want to know if there is a rented office space available for a few hours or days. A rented spare office is quite an advantage for a businessman who is on a visit for a few days. An office-like environment would give access to amenities like fax or printer. He would also want to inquire in advance if he would get access to such amenities before making a booking.  

Rental Booking software

So the rental booking software can make things more pleasant. The software would allow the booking of the office space and also select the amenities that are required. For instance, a desk with two chairs, a printer, and a whiteboard is your requirement. The software or App would allow selecting the required office amenities and also provide payment options. Once you make the selection and make the payment, you are good to go.  

Thus rental booking software can be quite helpful in booking spare office spaces or for you to share office space with someone in need.

Conclusion

I hope now you have got a clear idea of how renting your spare office space can benefit you and how rental booking software can help you with this.

However, if you still have any inquiries regarding the same, please feel free to reach out to us at contact@rentcubo.com.