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Get Income and Rental Results in Commercial Property Management and Leasing Today | Commercial Real Estate Training Online
Many landlords are too focused on income and rent growth as part of owning a commercial property. The really important issue in this property market is to get a tenant that can bring stability to a property. At a time when vacancies are generally many in number, the number of properties that the tenants have to choose from is quite high. That is why most tenants take their time when it comes to finding the right property to rent and then negotiating a lease. Tenants today are looking for the right mixture of occupancy which will normally be a combination of the following: Lower Rental start Incentives at lease start to encourage occupancy Modern attractive premises Realistically lower outgoings recoveries for the property type Options for further term of occupancy if they need it Rent reviews that are not aggressively high Property improvements that are matched to their needs and also well maintained by the landlord Services and amenities that suit the tenants business A landlord