You are serious about buying and leasing commercial property to future tenants. With this in mind, do you have a list of must-have traits for your real estate investment? If not, there are some particulars that can make or break your success as a landlord. Once you’ve established a budget, consider this list of popular must-haves:
- Fiber Optic Connection
You can’t ignore the fact that we are a digital world – especially not where doing business is concerned. Whether or not you use that much bandwidth, know that the majority of the business owners on the property will install servers. You want to have enough connectivity for all your tenants.
- Office Spaces with a View
Leasing commercial property with significant window fronts does more than provide tenants with a great view. It sets your property apart as Class A real estate vs. Class C. It provides more natural light, makes the space feel bigger and can reduce energy costs.
- Supporting Neighboring Services
Depending on the type of tenants your commercial property will attract, certain nearby neighboring services are important. A post office, office supply store, and airport, can be deciding factors for where a tenant will decide to establish themselves.
- Convenient Amenities
Like the supporting neighboring services, proximity to certain amenities such as restaurants, gyms, coffee shops, and dry cleaners help your tenant’s employees make the most of their off time.
- Reasonable Commute
Shorter commute times make for happier, more productive employees. In turn, you have satisfied tenants with long-term contracts…making leasing commercial property easier since you won’t have to do it as often.
- LEED or Other Green Accreditation
Having a green building is a trend that’s not going away. Sustainable buildings are less expensive to operate and occupy. Also, you tend to have healthier and happier occupants.
Our team at Menlo knows the above information will help you in leasing commercial property and decide your must-haves for your building. Should you have questions, contact us. We are pleased to help you and look forward to partnering with you.