Commercial real estate seller information.

The marketing of any commercial property or business for sale or lease is a very specialized field of real estate and requires a broker who is experienced and knowledgeable in this type of transaction.  It must be priced correctly and marketed thoroughly to achieve the maximum profit for the seller.

 
 If you are thinking of selling or leasing please contact us for a free evaluation of the probable sale or lease price of your property.
 


Important items to remember when selling commercial real property.


  • Have copies of all relevant documents available.  These can include a survey, plat, environmental report, as-built's, title policy, and leases (if applicable).
  • Have ready documentation of any recent repairs, replacements, and upgrades as well as any warranties that convey.
  • Prepare a list of all regular maintenance and service that is preformed on the property such as termite & pest control, HVAC systems, etc.
  • Prior to putting the property on the market it is a good idea to have inspections such as roof, HVAC, and termite/moisture done and correct any deficiencies.  Make the documentation available to prospective purchasers.
  • If the property is leased, the terms and conditions of the lease as well as quality of the tenant will have a substantial impact on the value of the commercial property.  It may be better to attempt to extend, terminate, or modify some leases prior to putting the property on the market.  We can assist you with those determinations.
  • If applicable, have an up to date rent roll as well as several years tenant payment history available for prospective purchasers. 
  • If applicable, have a complete list of all regular costs associated with property available for prospective purchasers.