Miami Commercial Real Estate Industrial Property Things To Find Out

Real-estate investing is a rather difficult water to test

. Like other commercial ventures, the road to success is laden with pitfalls, financial swamps and business roadblocks you should be sure to avoid. When investing on an industrial Miami commercial real estate property, the task becomes a lot more difficult. There are several things to consider especially since these types of property are generally larger than other commercial properties. So to make sure that your leasing will be relatively uneventfulexcept of course for those that lead you to successhere are some things to find out as soon as possible.

Service Limitations

Industrial properties are oftentimes bundled with useful services. As early as possible, you must find out whether you are required to hire your own or if the landlord will provide the necessary add-ons on the property or if the services are already installed. Things like telephone connections, cable, lighting, renovations are important for any Miami commercial real estate property. If the lease limits use of these important services, you should negotiate their inclusion otherwise look for another industrial space.

Advertising Restrictions

Advertising and marketing campaigns are crucial for any business. To make sure that you endorse and launch your business successfully, keep your eyes peeled for any rule that restricts certain aspect of advertising. Before closing the deal on your Miami commercial real estate property, check if the landlord has set policies limiting your advertising campaigns. Billboard signs, numbers of advertisements and anything related to marketing your business should be optimized to your advantage. But if there are clauses in your lease that limit such significant campaigns, you might be better off looking for another property.

Utility Access

You have to make sure if there are certain utilities included in your lease. Common areas are common in industrial properties. Ask the landlord if you have free access to such areas and if they are included in your monthly payments.

Business Hours Restrictions

If you're planning to operate for long hours, you have to make sure that the lease will not put a restriction to your business hours. You have to know if there are limitations in the number of business days because if there are, such limitations can severely hurt your operations.

Parking

If the Miami commercial real estate property includes parking, you have to make sure if there are limitations regarding the number of customers you can accommodate. Since most industrial complexes are usually a conglomeration of different businesses, there might be allotted spaces for each. To make sure that you dont clash with other businesses within the property, clarify this with your landlord.

Mark Michael Ferrer

Miami Commercial Real Estate

by: Mark Ferrer

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