Commercial Real Estate
Benefits of Investing in Commercial Real Estate
There are plenty of benefits of investing in commercial real estate over a residential property.
Income Potential: Commercial real estate will give you a higher earning potential than residential single-family home properties.
Professional Relationships: Small business owners will take pride in the business. Owners of commercial properties aren’t usually individuals and instead operate the property as a business. Landlords and tenants have a more business-to-business customer relationship.
Public Eye: Retail tenants will have a vested interest in maintaining the storefront since it can affect their businesses. This means the owner of commercial real estate and tenants interests are aligned.
Limited Hours of Operation: Many businesses aren’t open all night long and you work when they work. There can be emergency calls but you don’t have to worry about getting midnight calls because tenants need repairs.
More Flexibility in Lease Terms: There can be more laws that govern residential properties and commercial leases can have more flexibility.