Frequently Asked Questions

Our FAQ section offers quick answers on buying, selling, or leasing commercial real estate.

There’s information for the new and for the seasoned, just click on the next questions to expand and find each answer.

Remember to contact us below if you need more info.

Let’s dive into the questions!

What is the process for buying a commercial property?

The first step is usually determining your budget and the type of property you’re interested in (industrial, retail, or self-storage).

 

Next, you should get pre-approved for a commercial loan if necessary. You can then start looking at properties, make an offer, and go through the closing process.

What are common costs associated with owning a commercial property?

Common costs can include mortgage payments, property taxes, insurance, maintenance and repairs, and management fees.

 

If the property is leased, some of these costs may be passed on to the tenant.

What is the difference between Class A, B, and C properties?

These classes represent a grading system for commercial properties.

Class A properties are top-of-the-line buildings with high rent rates in prime locations.

Class B properties are older, have lower rent rates, and may require some renovations.

Class C properties are the oldest, located in less desirable areas, and often require significant improvements.

What are the benefits of investing in commercial real estate?

Benefits can include potential income from rent or property appreciation, diversification of your investment portfolio, and potential tax advantages.