Tuesday, September 15, 2009

Leasing Commercial Property

The Charlotte area has some amazing options for businesses seeking to lease commercial property. Yet, there are plenty of challenges to navigate as you look for the perfect location for your business.

A commercial property real estate agent will guide you through the process of finding and securing your new location, however you will be working as a partner with the agent, so you will need to work equally hard, if not harder to make the process move smoothly. Determining what you want from your property is important, but where your property is may be the most critical factor for the success of your business.

Location (Location, Location!)
If your business is a retail one, then location should be a strong factor in your decision-making process. Your time and effort should be focused on determining the best part of town and the types of customers you wish to draw. You want your building and store-front to be attractive to passers-by. Even if you are not a retail store, you should consider things like the size of and access to the parking lot, the proximity to other businesses, main roads, the airport or housing--things that your customers may appreciate, or may make it easier for them to find you, or make your business a favorite. Also, consider what else is happening in the neighborhood: Are the roads under construction? Do the surrounding buildings look like they have been kept up? Is the building itself in need of significant repairs. These are things that can have a serious affect on your business!

Put together a list of the things that are important to you as you set out to find the best property. Then, as you see more possible locations with your agent, be sure to add to the "wants" and "don't wants" list. The more you see, the more you realize there are very specific requirements for your property to make it work best for you and if you are able to communicate this to your agent, they will better be able to assist you in narrowing down the search and getting you into your new business location soon!

Property Manager
Charlotte, NC

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