Office Space Comparison
With over 35 executive suites and 86 million square feet of office space in the Denver market, we know that it can be difficult to compare one office location with another. As a result, we've developed a couple of comparison sheets that will hopefully help you evaluate how The Boardroom at Cherry Creeek stacks up against the options that are available to you.
Please use the following tables to help you in your search for the perfect office space. If you have any questions, please feel free to contact us directly at 303-331-9100 or by email at info@boardroomdenver.com.
Dedicated Office Space at The Boardroom at Cherry Creek vs.
Traditional/Conventional Office Space
Dedicated Office Space at The Boardroom at Cherry Creek vs.
Other Executive Suite Providers
Virtual Office at The Boardroom at Cherry Creek vs.
Virtual Office at Other Executive Suite Providers
Dedicated Office Space at The Boardroom at Cherry Creek vs.
Traditional/Conventional Office Space
| Feature |
Boardroom at Cherry Creek |
Conventional Office Space |
| Space - Square Footage |
Individual offices range in size from 120 ft2 to 380 ft2 - Multiple offices can be rented to accommodate multiple people |
Typically a minimum of 1,000 ft2 including space for in-suite reception area, dedicated conference room(s), kitchenette, workroom, internal hallways & offices |
| Lease Term |
Anywhere from month-to-month to 2-years |
3 to 10 years |
| Lead Time To Move-In |
24-hours |
Weeks or months for legal review of lease, office build-out, telephone/internet installation, & furniture and equipment delivered and installation |
| Time Spent Coordinating & Setting-Up Office |
4 hours |
40 hours or more |
| Security Deposit Requirement |
One month's fees - Ranges between $650 and $1600 |
Dependent on personal and company financials - Can equal the cost of Tenant Improvements and Commissions $27,000 |
| Out-of-pocket expenses for space build-out, above and beyond building allowance |
$0.00 |
Upwards of $28,500 or more, depending on amount of space required and finishes |
| Ability to customize office(s) to your preferences |
Limited - Customized painting in offices available |
May be limited by building design codes and/or budget |
| Office Furniture |
Typically included, although it is optional |
Not included - Average single person set-up can cost $2,850 |
| Conference Room & Reception Area Furniture |
Included |
Approximately $15,000 |
|
|
|
Up-Front Capital Expense
|
$4,100.00 |
$82,900.00 |
| Feature |
Boardroom at Cherry Creek |
Conventional Office Space |
| Monthly Rent |
Office package rates range from $650 to $1600/mn |
Dependent on building & space |
| Common Area Maintenance |
Included |
May or may not be included - Frequently $10 to $12/ft/yr |
| Phone Service |
Included; Featuring Cisco Systems® handset, multi-line capability, voicemail and available features like efax, web portal administration & call record |
Upfront installation costs which may total $500, plus monthly fees of $300 or more |
| Internet Service |
Included 100Mbps fiber optic DHCP connection - Static IP addresses available - Free wireless access included |
Upfront installation costs which may total $500, plus monthly fees of $100 or more - Available bandwidth is commonly ranges from 256kbps to 20Mbps |
| Staffing |
Office manager and receptioninst included, Assistant available for $25/hr |
Full time administrative assistant/receptionist, including benefits $2600/mn |
| Office Equipment - Copiers, Fax Machines, Postage Meter, Kitchenette Appliances |
Copier/scanner/printers and postage machine available on a pay-as-you-go basis - Average client usage charges = $50/mn to $150/mn |
Average monthly lease for all equipment = $750/mn |
| Class-A Building Amenities |
Yes, including on-site fitness center & locker rooms, DazBog® coffee shop, cafe, SupperSolutions®, 75 person training room, on-site security guard presence, electronic security controls, nightly janiotrial service, touchscreen lobby directory |
Dependent on building |
| Parking |
Surface lot parking pass included with each office, garage parking upgrade available - Free visitor parking included |
Dependent on building |
|
|
|
On-going Monthly
Operating Expenses
|
$3,500.00 |
$6,050.00 |
Price estimates are based upon a 1,000 square foot traditional office in a Class-A building in Central Denver vs. four individual offices totaling 580 square feet at The Boardroom at Cherry Creek
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Dedicated Office Space at The Boardroom at Cherry Creek vs.
Other Executive Suite Providers
| Feature |
Boardroom at Cherry Creek |
Alternate Executive Suite |
| Space - Square Footage |
Example office 150 ft2 |
Example office 150 ft2 |
| Office Rent |
$775.00
|
__________ |
| Lease Term |
Anywhere from month-to-month to 2-years |
__________ |
| Security Deposit Requirement |
One month's fees - $775.00 |
__________ |
| Office Furniture |
Normally included, but can be excluded for a $125 monthly savings |
__________ |
| Optional - Customized paint in office to meet your preferences |
$200.00 one-time fee |
__________ |
|
|
|
| Internet Service |
|
|
100Mbps Fiber Optic Connection |
Included |
__________ |
DSL Redundancy |
Included |
__________ |
| Wireless Internet Access Throughout Suite |
Included |
__________ |
|
|
|
| Telephone Service |
|
|
| Digital Cisco Systems® VoIP Handset |
Included |
__________ |
| Dedicated Local Telephone Number & Voicemail |
Included |
__________ |
| Live Reception Service During Business Hours |
Included |
__________ |
| Unlimited Number of Inbound Calls |
Included |
__________ |
| Unlimited Local & Toll Free Dialing |
Included |
__________ |
| Conference Call Capability |
Included |
__________ |
| Optional - Dedicated Analog Line For Fax or Credit Card Machine |
$27.50/mn |
__________ |
| Optional - eFax Service With SendFax Software Component For Your Computer Desktop |
$20.00/mn |
__________ |
| Optional - Automated Attendant To Route After-hours Calls |
$20.00/mn |
__________ |
| Optional - Web Portal Feature To Remotely Adjust Your Call Routing & Notification Preferences |
$15.00/mn |
__________ |
|
|
|
| Other Services & Features |
|
|
| 8-Hours Per Month of Conference Room Time |
Included |
__________ |
| Optional - Additional Conference Room Time |
$20.00/hr |
__________ |
| Real-time online conference room scheduling system |
Included |
__________ |
| Optional - Prints & Copies |
$0.06 to $0.12/page |
__________ |
| Kitchen Amenities (Coffee, Tea, Filtered Water) |
Included |
__________ |
Secure Document Shredding Service |
Included |
__________ |
| Main Lobby Directory Listing |
Included |
__________ |
| Front Desk Receptionist To Greet Guests |
Included |
__________ |
| Utilies, Janitorial & Security Guards |
Included |
__________ |
| Domain Name Registration and Website & Email Hosting |
Included |
__________ |
| Client Rewards Program Providing Clients Cash Back, Gift Certificates & Free Rent |
Included |
__________ |
| Comprehensive Up-Front Services Agreement That Includes ALL Recurring Monthly Charges |
Included |
__________ |
|
|
|
Total Monthly Fee
|
$775.00 |
__________ |
Please use this chart to compare The Boardroom at Cherry Creek with other executive suite providers. We believe you'll be surprised by the value that we offer. Please note that the "Total Monthly Fee" shown for The Boardroom at Cherry Creek does not include items listed as "Optional" in the above list.
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Virtual Office at The Boardroom at Cherry Creek vs.
Virtual Office at Other Executive Suite Providers
| Virtual Office Feature |
Boardroom at Cherry Creek Virtual Office Plans |
Alternate Executive Suite / Virtual Office Provider |
| Professional physical address for your business correspondence - No PMB or PO Box # |
 |
__________ |
| Dedicated locked mailbox for your company mail and packages |
|
__________ |
| Mail receiving & forwarding to any address of your choosing |
|
__________ |
| Complimentary notification by email, phone or text message when you receive couriered, express or dropped-off items |
|
__________ |
| Local and/or toll free telephone number for your business calls |
|
__________ |
| Professional, live receptionist service on your incoming calls |
|
__________ |
| Available automated attendant for your incoming business calls |
|
__________ |
| Unlimited inbound calls with no additional fees |
|
__________ |
| Available eFax Service with SendFax® component for your computer desktop |
|
__________ |
| Fully equipped conference rooms and day offices accommodating anywhere from 3 to 75 people |
|
__________ |
| Meeting room time available for as little as $3.75 an hour |
|
__________ |
| Real-time online conference room scheduling system |
|
__________ |
| Free visitor parking for you and your guests |
|
__________ |
| Access to copiers, scanners, high-speed printers, and fax machines |
|
__________ |
| On-demand administrative support services |
|
__________ |
| Month-to-month terms, eliminating the risks and hassles of long-term contracts |
|
__________ |
| Fast & easy set-up with activation typically in one business day |
|
__________ |
| Monthly plans starting as low as $89.00 per month |
|
__________ |
|
|
|
Please use this chart to compare the virtual office plans offered by The Boardroom at Cherry Creek versus other virtual office providers. We believe you'll be surprised by the value that we offer.
Not all virtual office plans that we provide include all of the features listed above and some of the services listed may carry an additional fee. For more details about each of the virtual office plans that we offer please see our
Virtual Office Comparison Sheet.
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