Commercial real estate covers many property types, each with different considerations. Here are the key questions to ask for each.
- Office. How much space do you need, and how will it be used? Consider location, parking, layout flexibility and the building’s amenities.
- Retail. Who passes by and who stops? Visibility, traffic, co-tenants and parking can make or break a retail location.
- Industrial. Think about loading access, ceiling height, power, truck movement and proximity to highways, ports and customers.
- Land. Zoning, utilities, access, drainage and the long-term plan for the site determine a parcel’s potential.
- Investment properties. Consider the quality and length of existing leases, operating expenses, local demand and your goals for income and appreciation.
Whatever the property type, a clear understanding of your goals and a careful review of the numbers are the foundation of a good deal. Our commercial agents draw on the KW Commercial network and technology to help clients evaluate opportunities.
This article is general information, not legal, tax or financial advice. Every transaction is different, so talk with your agent and the appropriate professionals about your situation.
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