5 Things To Look For In Your Next Commercial Property - PowerPoint PPT Presentation

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5 Things To Look For In Your Next Commercial Property

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Searching for the right property takes time, which can be stressful if you’re trying to stick to a deadline, but knowing what to look for can help you find the perfect commercial space you need to thrive. Here are a few tips for narrowing down your search. – PowerPoint PPT presentation

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Title: 5 Things To Look For In Your Next Commercial Property


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5 things to look for in your next commercial
property
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  • Whether youre starting a new business or looking
    to grow, the right commercial property is a key
    component of your success. You want to make sure
    you have plenty of space and are in a location
    that suits your businesss needs. Searching for
    the right property takes time, which can be
    stressful if youre trying to stick to a
    deadline, but knowing what to look for can help
    you find the perfect commercial space you need to
    thrive. Here are a few tips for narrowing down
    your search.

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  • Zoning
  • Before you start scouting locations, its
    important to know local zoning laws in potential
    neighborhoods. Thats because they regulate what
    kind of activities are allowed in certain areas.
    You dont want to be stuck with a lease on a
    building you cant use. Depending on your
    business, it also helps you narrow down potential
    locations as well.

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  • Location
  • Location is key when it comes to business. Things
    like accessibility, nearby competitors, parking
    and neighborhood safety are all important things
    to consider when looking at properties. Before
    you consider signing a lease, research the
    neighborhood to make sure it offers foot traffic
    for example, if thats important to your business.

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  • Price
  • You want to make sure youre getting a good price
    on your rent, and you want to stay within your
    budget. Check with your local Small Business
    Development Center to help find funding to make
    sure you can handle your rent.
  • Use a property management company
  • Looking for the right property on your own can be
    a lengthy process. If youre trying to stick to a
    timeline for opening your business, working with
    a property management company helps. They can
    speed up the process by showing you available
    listings with your goals in mind. That way you
    find the right property and stay on schedule.

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  • Go over the lease
  • Commercial leases can come with a lot more
    specifics than residential leases. Depending on
    what kind of business you have, you want to make
    sure theres no restrictions that can limit or
    hinder your operations and day-to-day functions.
    Luckily, leases can be tailored to meet specific
    needs and functions. While there may be specific
    clauses about operating hours, on-site equipment
    and clientele, you can likely negotiate on
    upgrades and on-site maintenance.

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  • Find your next business space with help from
    Camden
  • If youre in the market for a new retail or
    office space for your business, Camden Management
    can help. Our relationship-based management style
    means we work hard to understand your goals and.
    So contact us today to find out how Camden
    Management can help.

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