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For tenants, mixed-use space is commonly referred to as a live-work space. Diversity of tenants. According to the National Community and Transportation Preference Survey by the National Association of REALTORS®, 53 percent of Americans prefer walkable communities. Live/Work Tenants Will Take Care of Their Rentals/Leases.
Transportation and access. Cost of property listings and tenant search. Speak with current tenants (if any), as well as owners and tenants in neighboring properties. OR… Hire a Trusted Commercial Real Estate Brokerage to Help You Every Step of the Way. Quality of the neighborhood. Quality of the schools.
These reasons include reliable cash flow, easier to finance, quicker to expand your investment property portfolio, better management options, passive income, great potential for appreciation, and high demand for tenants. Even if one unit becomes vacant, you can still count on cash flow from other tenants. Reliable Cash Flow.
If you plan to buy commercial real estate in Ohio or beyond, you must have access to a roster of current tenants, service contracts, and maintenance records. Planes, Trains, Automobiles, and More: Transportation links are essential for any industrial space or commercial properties for lease. Do you have a paper trail?
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