Owning and managing commercial real estate can be very lucrative. This is especially true if you provide a space that is attractive, safe, clean and well-maintained. You want to make sure that your space is occupied. This means having amenities that attract tenants and make them want to stay. Here are some things you should consider.
Safety and Security
It’s important that occupants feel safe on your property. From the parking lot to individual units and in between, tenants and visitors want to work in spaces where they’re safe and secure. Consider having a security guard on site during business hours as well as a robust security system after hours. Well-lit spaces also contribute to a safer environment. Make sure the grounds have adequate lighting and surveillance.
A Clean Place
Cleanliness matters, especially in places where renters pay you to conduct their operations. From public bathrooms to outdoor spaces, it’s important to provide regular cleaning services. Clean spaces make your property look presentable, and discourage pests as well as blight. When a tenant moves out, be sure to complete a deep cleansing of the space, offering peace of mind and showing good faith to future occupants.
The Right Amenities
Sometimes it’s the details that make your place stand out to future renters. Bonuses such as a deli, covered parking and even specialty vending machines Polk County IA can be differentiators for your property versus competing buildings. Price and location tend to be major drivers when it comes to finding tenants, but bonus amenities can make a difference.
Owning a commercial property is a great way to make money in real estate. You don’t want to develop a reputation as a neglectful landlord. You should be mindful and intentional about providing a place that is attractive, clean, safe and offers benefits to potential renters. These objectives lead to a property that is completely occupied most of the time, maximizing its potential.
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