The market for commercial real estate has a challenging year ahead. High interest rates and the recession do not bode well. While the Fed struggles to get inflation down to a golden 2%, businesses have no choice but to weather the storm. Those that make the most of what they have will enjoy an edge in the market.
Your commercial property will be under immense pressure to look its best. Regardless if the property is up for sale or rent, you must make the most of what is there. With the increased competition for capital, banks and investors will only want to work with properties that have the most attractive offer.
Create A Working List
Now is the time for your property to make a good showing. Assess your property’s advantages and disadvantages. You are looking for anything that may detract from your property’s value. Make an effort to improve the disadvantages and put the advantages in their best light.
Go over every detail of the property. Start with the essentials. Is the structure sound? Are the plumbing and electricity in good working order? Does the parking lot need repairs? Repairs and upgrades do not need to be fancy, but all work should be orderly and serviceable. Use only reputable professionals for all of the work.
Location Is Not Everything
You may not be able to do anything about a commercial property’s location, but you can make the most of what is there. If it is difficult to find, make it clearly visible from the road. Ensure that full advantage of what is there is structurally sound and fully functioning. Make every inch of available space either useful or usable. And finally, a washed and tidy presentation is best.
Neat and Clean
Once you have your list, you can prioritize the allocation of available funds; but hold back a suitable amount for a final clean-up. If you hope to make a good impression, you will want the property to be neat and clean when put on the market. Call the experts at Pressure Washing Force of Metro Atlanta for a quote today.
Posted on behalf of
Pmb #401, 2002 Summit Blvd., Suite 300,
Atlanta , GA 30319
Phone: 678-636-0021
Email: impact.joi@aol.com
Monday & Tuesday 8:30 AM – 7:00 PM
Wednesday & Thursday 8:30 AM – 5:00 PM
Friday 8:30 AM – 2:00 PM