Feasibility Study Background
Coworking Feasibility Study

Will Your Building Print Money or Burn Cash?

Most property owners are about to make the most expensive mistake of their career. Here's how the smart money thinks about coworking.

Your Property

10,000 SF

Startup Costs

$178,560

Market Saturation:

37,000 SF Undersupplied

Confidence Level:

High

Recommended Positioning:

Mid-Range Flex

Annual Profit at Stability:

$97,340

Mike Kriel
"These reports give us focus to know where to put our energy and money in our RE portfolio."
Mike Kriel
CEO, Launch Workplaces
Director, Global Workplace Association
Modern office building Opportunity with Pricing Power

123 Main St. Anytown

50,000 sq ft

Suburban strip center Opportunity with Pricing Power

123 Main St. Anytown

50,000 sq ft

Office building with high buildout costs High Buildout Costs for the Market

123 Main St. Anytown

50,000 sq ft

Office building in a competitive market Too Much Market Competition

123 Main St. Anytown

50,000 sq ft

The Data vs. The Dream

Everyone's focused on WeWork's failure and arguing about the future of work. Sophisticated investors are deploying capital into data-driven coworking plays.

Smart investors aren't repeating WeWork's mistakes. They're using a data-first, fundamental focus, market intelligence, and financial models grounded in reality that Adam Neumann ignored.

The losers guess. The winners use data.

Coworking ventures fail because they're built on hope, not math. They confuse "busy coffee shops" with "sustainable business models." They mistake foot traffic for paying coworking customers.

The median coworking space bleeds $180K in year one. The top performing generate profits in 4 months and spend less on startup.

What's the difference? Location intelligence that goes deeper than "it feels right."

This is about capital allocation. And capital preservation.

Don't be fooled. Coworking won't work everywhere.

Coworking is growing, but it won't work everywhere. There might be enough demand in an area, but there might be low pricing power, or your floor plan isn't right, or the additional expenses prevent it from making financial sense. We'll provide you honest feedback and evaluate all options.

The Risk:

The average coworking build-out costs $60 to $145 per SF, averaging nearly $1 million to open a new space. Choose poorly, and you're not just losing money—you're losing money that could have been avoided.

But get coworking fundamentals right, and you're looking at:

20-30% annual returns
Diversified tenant base (recession-resistant)
Premium exit multiples when you sell your building

The Equation

$300K+
Potential Loss Prevention

A feasibility study prevents $300K+ in destruction.

We Answer the Critical Questions

Before you invest a dime, we provide the data-driven answers you need to make a confident decision.

1. Can Coworking Be Supported in Where My Building Is?

We analyze the local market, demographics, and competition to determine if there's enough demand to sustain a coworking space.

2. What type of coworking will work with my budget and location?

We recommend the right mix of private offices, dedicated desks, and hot desks to match your budget and the needs of the local market.

3. Will coworking generate enough revenue?

Our financial projections provide a clear picture of your potential revenue, expenses, and profitability.

4. What's the best path forward to make coworking happen.

We provide a step-by-step launch plan, including marketing, pre-leasing, and operational strategies to ensure a successful opening.

We aren't afraid to tell you it won't work. Saying "No" now saves you hundreds of thousands of dollars and years of lost time.

Everything Included in the Feasibility Study

Comprehensive analysis covering every aspect of your coworking investment

Market Analysis

  • Target Area Definition
  • Demographic Analysis
  • Competition Mapping
  • Demand Forecasting

Financial Projections

  • Revenue Projections
  • Space Allocation
  • Build-out Costs
  • Operating Expenses

Space Planning

  • Office Size Allocation
  • Floor Plan Layout
  • # of Meeting Rooms
  • Optimal Layout Design

Operations Strategy

  • Staffing Strategy
  • IT and Hardware
  • Membership Policies
  • Management Structure

Launch Strategy

  • Timeline and Planning
  • Marketing Plan
  • Pre-Leasing Plan
  • Go-to-Market Strategy

Marketing & Amenities

  • Budget and Selection
  • 'Talk about' Perks
  • Digital Marketing
  • Community Building
"After only four months in operation, we exceeded our expectations and reached our annual goal."
Somo Group

Somo Group

Commercial Building Development

Project Details:

Working on a new commercial building associated with a housing development.

Feasibility
Business Model
Floor Plan
Launch

Success Stories from Real Operators

The office world has changed, and the decision about where to work is made by individuals or small groups and not bosses demanding hundreds of people where to go. This dramatic shift requires new data and a new approach to deciding what's next for a building.

Results Achieved:

4

Months to Goal

100%

Annual Target

85%

Occupancy Rate

18

Month Breakeven

See Somo's Case Study

Why Trust Us

Craig Baute

Craig Baute

Sarah Jenkins

Sarah Jenkins

As both market researchers and coworking entrepreneurs, we developed our methodology to identify prime locations for our own ventures. We've analyzed over 4,500 coworking spaces, combining 14+ years of experience with cutting-edge data analytics.

We view office space as a consumer product, employing the same rigorous location analysis as top retailers. Our data goes beyond the basics, incorporating purchasing behaviors, travel patterns, and more to provide you with a comprehensive market understanding.

Multiple Buildings or Large Investor?

Contact us for enterprise pricing and discover how we can be your strategic partner in transforming your entire portfolio.

Portfolio Strategy & Implementation

Ready to Transform Your Property?

Get in touch with our team to discuss your coworking potential and receive a custom analysis.

Let's Discuss Your Vision

Our experts are ready to analyze your property and provide data-driven recommendations for coworking success. Every conversation starts with understanding your goals and constraints.

Email
contact@denswap.com
Phone
+1 (555) 123-4567
Coverage
Multiple States Across the US

What to Expect:

  • Initial consultation within 24 hours
  • Custom analysis proposal
  • Detailed feasibility study delivery