How To Find What Similar Office Space Rates Are? And What Expenses to Expect?
Hi everyone,
So I'm interested in purchasing an office space to lease out. But I don't know what the people next door are paying (it's in a complex of similar layout spaces). 
Is there a way to find out online?

And secondly, what typical expenses could I expect to pay each year/month by being an owner of an office space?

Thanks!
[{"id": "f0kfm84", "text": "CoStar and LoopNet are the typical online sources of info... but you need  a subscription to CoStar and LoopNet often has incomplete information.\n\nHonestly, I don' think buying office space is a smart decision on your part. If you've been an owner or a long term renter before, sure. If you have resources to help guide you (like friends in the industry or a good broker) - sure. But it sounds like you're a fish out of water here and this is a heavy capital cost, illiquid investment.", "replies": [{"id": "f0kki1x", "text": "Yup, this.  We bought an 2,000 sq ft. office building for a business idea we had that didn't work out.  I wish we'd never bought it.", "replies": [{"id": "f0kn710", "text": "Yeah exactly, it just ties a huge capital expense around your neck. Especially for new ventures - just lease.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "f35tpet", "text": "As mentioned above - you can find asking rates online but finding base rental rates is hard without reading leases. Oftentimes owners don\u2019t want that information available for public viewing. However, if you are considering an acquisition, the owner and/or broker should hand over a rent roll at the bare minimum as part of the due diligence collection. Though I would insist to see leases. \n\nExpenses vary depending on what state you\u2019re in, condition of the building, etc. I\u2019ve underwritten office buildings with expenses as low as $3.50/SF and as high as $16.00/SF.", "replies": [], "depth": 1}]