If you’re shopping around for a commercial retail space, you need to know that they can vary with development. There are some fundamental elements of a property you need to consider before leasing a new space.
Here are 3 key factors you need to put into consideration when leasing a retail space:
You can alter a number of features about commercial space such as lighting, wall color, and flooring. However, it is almost impossible to change or improve the parking lot.
Some landlords may not offer designated parking for their tenants. Others may do it but have very little they can do to police it. Therefore, you need to look for a retail space that will suit your retail customers’ needs.
When setting up a shop, you need to ensure that your intended retail use is allowable in the area.
There’s no point in getting a rezone for retail use in an area that has retail restrictions. Momentum Partners will help you determine allowable uses and areas suited for retail use.
When looking for a retail space, ensure that it has the number of windows you require at the front. Adding windows is a costly change to make.
Multi-Family Homes for Sale
Most multi-family homes for sale in Washington State are fully rented. They are listed as “Drive-by only” or “Subject to interior inspection.” This is so because the property sellers do not want to disturb the tenants by allowing you to view the interior. Sellers will only do home showing when they have a satisfactory offer in hand.
Best Places to Invest in Real Estate in Washington
Income properties both commercial and residential allow for profitable gain and opportunity for investors to combine rental, residential, and commercial spaces.
Here are our top 10 best places to invest in real estate in Washington:
At Momentum Partners, we’ve always been eager to help you get the best real estate deal in Washington State.
Are you looking for an opportunity to invest in rental, residential or commercial retail space? Well, give us a call today so we can get started.