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Free SBDC Class: Small Business Guide to Finding The Right Commercial Space

Are you a small business owner looking to lease your first commercial space, or perhaps ready to expand into a new location? If so, you’re probably aware that securing the perfect property is one of the most important—and often daunting—decisions you’ll face as a business owner. The process can seem overwhelming, from navigating complex lease […]

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Where to Find Commercial Real Estate Comps: A Comprehensive Guide

When diving into the commercial real estate market, one of the most crucial steps is understanding property valuations through “comps” or comparable properties. Comps help investors, buyers, and brokers determine what properties in a given market are worth, based on recent sales or lease transactions of similar properties. This knowledge can lead to more informed

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What is the Typical Lease Term Requirement for Medical Office Space?

When healthcare providers consider leasing medical office space, one of the key questions that arises is, What is the typical lease term? Lease terms can vary significantly depending on a number of factors, including the property type, location, tenant needs, and the landlord’s preferences. However, medical offices often have unique needs that distinguish them from

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Reasons to Use a Local Commercial Real Estate Broker When Your Business Doesn’t Have a Presence in the City You Want to Lease Space In

A Local Commercial Real Estate Broker Can Help Your Business Find the Best Spaces, Avoid Mistakes, and Get the Best Deal Possible A local commercial real estate broker provides invaluable expertise for businesses entering a new market. With in-depth knowledge of neighborhood dynamics, average lease rates, and off-market opportunities, they help companies find the best

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benefits of local Austin commercial real estate company

Benefits of Working With a Local Commercial Real Estate Company

One of the common misconceptions is that by choosing to work with a national commercial real estate company you are also choosing a bigger better company vs a smaller one. National companies often do have large offices however they don’t necessarily have a large office or strong presence in every city. Also the overall size

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Why Commercial Property Rents Are So High Even With High Vacancy and Low Demand

Commercial space rents can remain high despite high vacancy rates and lower demand for several interconnected reasons, many of which are tied to the economic structure of the real estate market. Here’s why rents may stay elevated: 1. Fixed Landlord Costs 2. Impact on Property Valuation 3. Lease Structure and Long-Term Contracts 4. Inflation and

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What is a Shadow Anchor Store in Retail

A shadow anchor store is a large, well-known retail entity located near but not within a shopping center, driving traffic to and indirectly supporting the smaller stores nearby.

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How to Rent Commercial Property – Step By Step Commercial Leasing Process for Small Businesses

Navigating the commercial leasing process involves a series of strategic decisions, starting with the pivotal choice between leasing and buying. This journey unfolds through a meticulous assessment of your business’s spatial requirements, leading to the selection of an ideal property type and location. Each step, from pinpointing the perfect size and layout to setting a

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Why Service Providers Must Lease Industrial Space Near Samsung in Taylor Tx

The city of Taylor, Texas, has recently become a hotspot for industrial businesses seeking proximity to the Samsung Electronics manufacturing plant. This strategic location offers numerous benefits for Samsung vendors and suppliers looking to enhance their operations and collaborate more effectively with this tech giant. If you’re company is looking for Industrial warehouse space near

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What is a Triple Net (NNN) Lease in Commercial Real Estate

A Triple Net (NNN) Lease is a type of commercial real estate lease where the tenant on a monthly basis pays the base rent AND their pro rata share of the property’s operating expenses which include the taxes, insurance, and common area maintenance (CAM). If the property is multitenant then each tenant pays their equal

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