Affordable Executive Offices and Shared Suites
It’s become expensive to rent space in Nashville.
Over the last decade, commercial rents have increased over 50%.
For small business owners, it can be tough to find affordable (or cheap) office spaces to rent.
And while you may want your commercial space to be affordable, you also want it to be nice.
If you’re going to skip the coworking route but don’t want to work out of your kitchen, you still have plenty of solid choices in the Greater Nashville Area.
Here’s how to find cheap office spaces in Nashville.
What Executive Offices and Shared Suites Provide
Flexibility
Executive offices and shared space offer small businesses more flexibility than a traditional lease would. Entrepreneurs and startups aren’t forced into longer term leases - sometimes 3 or even 5 years. Having the flexibility to move spaces or end your lease term early can be crucial in a business’ early years.
Privacy
Unlike their coworking counterparts, executive office suites provide more privacy for tenants. Yes, you may be sharing common areas, such as kitchens, conference rooms, and reception with other businesses, but you’ll have your own private suite. If you can’t stand having someone look over your shoulder or need confidentiality with clients or while negotiating deals over the phone, the privacy offered by executive offices will certainly come in handy!
Affordability
Saving money where feasible when starting your business is crucial. And executive suites offer one of the best options for a business owner on a budget. In an executive or shared space scenario, you’re only paying for what you need - none of the fluffy extras. The cost of the common space gets shared among other businesses, making this option more affordable on the front end.
Professionalism
Having an actual office address and the ability to meet clients in a professional environment will make you and your business look light-years ahead of where you may actually be. First impressions are everything, and if your client is having to meet you in your kitchen, it may not give them the best idea of you and your business’ capabilities.
Affordable Office Spaces in Nashville
4015 Travis Drive
4013 - 4015 Travis Drive
South Nashville
4015 Travis Drive is a recently renovated office building in South Nashville near the Nolensville Pike / Harding Place intersection. This ideally located building offers affordable office spaces as low as $450 per month, which includes all utilities and WiFi, and from time to time they will offer a month of free rent for new businesses. And don’t worry about outgrowing your space too fast - the owners of Travis Drive have larger spaces on the ground floor for tenants to move into as business grows.
Belle Meade Executive Office Suites
Belle Meade
Belle Meade Executive Office Suites brings the stature of running a business in Belle Meade without the hefty price tag. Located in the Truxton Trust building off Harding Pike, the property offers convenient parking and quick access to nearby restaurants.
Regus Cool Springs
Regus
Downtown / Midtown / Green Hills / Hermitage / Brentwood
Regus is one of the largest providers of cheap office space across the country. Their multiple locations throughout the greater Nashville area have own atmosphere, intended to accommodate today’s modern small businesses. Offering a network of spaces around the world for business travelers, Regus brings the office to you.
UBS Tower
Downtown
With its traditional office style and reception team, UBS Tower will certainly give you the old-school corporate feel. UBS provides 24-hour access, conference & meeting rooms, and you can entertain clients on the ground floor at Jeff Ruby Steakhouse to your heart’s (and belly’s) desire.
Green Hills Office Suites
Green Hills Office Suites
Green Hills
Located just outside the heart of Green Hills, Green Hills Office Suites provides one of the most flexible offerings out of all of the providers on this list. Tenants may customize their packages from virtual offices all the way to traditional executive office suites and shared spaces. This convenient location offers plenty of parking for you and your clients, as well as front desk reception.
Intelligent Office
Downtown
Conveniently located in the heart of Downtown Nashville, Intelligent office provides many different services for small business owners and entrepreneurs from virtual office space to executive office suites. Like many of our other contenders, tenants at Intelligent Office have 24/7 access and several different meeting spaces and conference rooms.
Merris Business Center
Merris Business center
Brentwood
The Merris Business Center is located in Maryland Farms near the Hill Center Brentwood and CityPark. Here, they offer both furnished and unfurnished office suites, meeting spaces, and virtual offices. If you’re in the market for cheap office space in Brentwood, the convenience here is king!
About The Author:
Tyler Cauble, Founder & President of The Cauble Group, is a commercial real estate broker and investor based in East Nashville. He’s the best selling author of Open for Business: The Insider’s Guide to Leasing Commercial Real Estate and has focused his career on serving Nashville’s small business community. Learn more at www.TylerCauble.com
Unfortunately, many business owners end up taking the wrong approach and try to find and negotiate for space on their own - a big no no in this industry due to the massive learning curve of information. So, if you’re taking the right approach and hiring representation, what questions should you ask when interviewing potential tenant rep brokers?