Looking To Lease A Space For Your Business

Dated: 09/07/2016

Views: 177

Sure, real estate professionals are highly sought after when looking to purchase or sell a property.  But what about when you are in the market to open or relocate a business?  Absolutely you can ride around and look for signs on buildings, make calls and try to get a viewing and waste time trying to figure out if the price is reasonable.  But what about the negotiations and contract review?  Or better yet, what about having a real estate professional to guide you in the process?  Someone who is well versed in the current market on what rents should be going for per square foot, potential traffic for your business type, proper location selection, etc etc etc.

Here are my top 3 reasons why you should hire an agent when looking for commercial space to lease:


1.   Availability- Real Estate Agents have access to available rentals as well as sales.  Sometimes, within their networks, an agent will have access to properties that may not have hit the market yet.    Our emails can get flooded with new listings, coming soons and new properties that are zoned for business use.   This could be right up your alley if you are a small business owner or someone who has just invested in their first start up.  Who better to have working FOR you than someone who has access to the tools and resources to help you find any and every available space.   Agents also have access to box codes and private access information that may not be made known to the general public.  So instead of waiting for Landlords to filter messages and call you back, you could get a same day showing.  

 

2. Research- This is key when looking for a home to make your profit.  That's right.  I said home.  Because after all whatever space you decide on will be home to your new business.  And with lease terms varying from a few years to a decade, you want to make sure you will be in a location that is right for your needs and comfortable for the profits you are looking to earn.  Location could play an important part on a business' ROI.    And agents can have access to information on a locations profitability in the past as well as how well certain types of businesses do in particular neighborhoods.   Another important factor is knowing how much you should be paying per square footage.    You definitely don't want to be paying more than what the market dictates for the location.  A good agent is always on top of what average rents should be for a given area which should help your pockets out in the long run. 


3.  Negotiation- Negotiating your terms to best suit you is always the goal.  Remember, the landlord/owner has hired a professional to screen you, so why not hire your own professional to assist you in your due diligence?   There is always the possibility of any rental being priced too high and you definitely don't want to lock yourself into terms that could be detrimental in the long run.   It's always in your best interest to have an agent to help you gauge where to start.  Also knowing what terms are reasonable can aids in how well your business may thrive.   


Bottom line, when you're in the market to lease space for business purposes, consult a real estate professional that is knowledgeable about Commercial Rentals.  Someone who has the experience necessary to help you and preferably an agent that has worked with commercial sales previously.  


If you or someone you know has more questions on Finding Commercial Space for Lease contact Pauline Bowman with eXp Realty.  678-682-1221 or [email protected]

Latest Blog Posts

Should You Jump Into The Current Real Estate Market

Deciding you’re ready to buy a house is a big moment in your life, whether it’s a first time purchase or you’re snatching up yet another investment property. The home buying process is fraught

Read More

Outdoor Kitchens Points To Ponder

Your new house has an awesome outdoor kitchen, or maybe you just had one installed, either way you’re all set to grill outside all summer (and maybe into the fall and winter, too). Have you

Read More

Choose Native Plant For Easy Yard Maintenance

Every morning when you look out of the window of your breakfast nook into your front yard, you’re met with the same green carpet, devoid of anything remotely interesting or different. It’s not

Read More

Solar Energy 101 Getting Started With Green

As spring begins to really set in across the country a lot of homeowners are finally getting out into the yard and garden, soaking up the sun’s rays. Something else is taking in the rays in a big

Read More