Time Efficiency: Spec suites are already built, saving tenants significant time that would otherwise be spent on design and construction.
Cost Savings: Since spec suites are pre-built, tenants may avoid upfront costs associated with customizing an office space.
Flexibility: Spec suites offer flexibility, allowing tenants to move in quickly and start operating without delays.
Showcasing Potential: Spec suites help property owners showcase the potential of their office spaces, making it easier to attract tenants.
Competitive Advantage: Offering spec suites can give property owners a competitive edge in the market, as businesses appreciate the convenience and time savings associated with move-in-ready solutions.
Size
Spec suites are generally geared towards spaces under 10,000 square feet, with smaller spaces (under 5,000 square feet) being more common