- For REITs/Funds
Central Business District Denver, CODemand 200K sfSupply 163K sfRecommendation High-end Modern FlexSunnyside / Highlands Denver, CODemand 80K sfSupply 63K sfRecommendation Executive SuitesCommerce City Denver, CODemand 1.5K sfSupply 0K sfRecommendation Do not Invest
DenSwap's Flex Intelligence Platform translates our proprietary data and real-world coworking experience into insights and actionable strategies that help our clients realize the full potential of their commercial real estate. Stay up-to-date with client demand and capture the upside of flex space throughout your CRE portfolio, then follow up with the go-to-market strategy to win & retain the right tenants.
- For Building Owners
Are you considering transforming your commercial property into a flexible coworking space? Our feasibility reports can provide you with the insight you need to make a confident investment decision. Our team of experts utilizes market data APIs, proprietary information on coworking spaces, and unique consulting expertise to assess whether a given building is suited for a successful flex/coworking business.
- For Flex Operators
Are you considering opening a new coworking space? DenSwap's Demand Analysis Report is a quick validation tool so you can move forward or back off on potential plans. You give us a zip code, and we'll outline the general demographics of the area as they relate to coworking. You'll get a good estimate of how many potential customers are in your area, how many square feet the region can support, and what type of buildout and business model we'd recommend.
- For Building Owners
Business & Space Overview
This is a coworking space prepared for growth. It has a strong foundation and community of support that is ready to grow with experienced operators. Take advantage of the groundwork we have already laid in building the community of support around the space, obtaining the space, business license, furnishings and decor. Located in a near western urban suburb of Chicago accessible by public transportation, primed to be a force in the local community if you want to head in that direction with little to no competition.
Daily Operations
The space is easy to run day-to-day. It can be set-up to be unstaffed with a keypad. We, as owners, currently staff it daily during open business hours. Easy to maintain furnishings and easy to keep clean.
Marketing
We have done little marketing to date with most of our business coming from word of mouth and growing organically. There is huge growth potential for someone who is willing to take on marketing and running of the space.
Financials
While the financials on their face don't paint a rosy picture, we are within striking distance of breakeven and profiting. The last quarter we were down on average only $1000 a month, which could easily be made up with only 6 more members at our current rates or a few more space rentals.
Opportunities for Improvement
We have a solid base of support and our core members are loyal. We also have community support and engagement. We have not put time or effort into increasing our membership or renting out the space and believe strongly that someone coming in who can focus on marketing and nurturing the space would have great success in growing the business.
About the Seller
We started the business in 2019 because we love coworking and we wanted to provide a space for our community to come together. There is a need for this type of space here, but because of where we are in our lives we don't have the time to dedicate to supporting and growing the space.
Notes from DenSwap:
"A beautiful neighborhood space, ideal for an owner-operated small business."
