If you’ve found commercial property you’re interested in investing in, it’s advised that you don’t buy right away. One of the best decisions you can make is to hire a commercial realtor to assist you with inspecting potential commercial property before you buy.
Here’s what you and your commercial realtor need to inspect.
Outside
When you check out commercial rental properties in Scottsdale, assess the exterior areas first. This will include parking facilities along with the landscaping. The roof and building structure are also included. Take note of anything that isn’t structurally sound or that may require repairs. Your commercial realtor should be able to walk you through the property.
Inside
Once inside, check everything– kitchen facilities, bathrooms, offices, floors, walls, and more. Ensure that the interior areas are all up to code with your realtor. They should be able to go through the property with you and immediately notice any signs of deterioration or problems. You’ll have a better idea of what you’re saying yes to, the amount of repair work that may be involved, and whether or not you’re willing to take on any maintenance.
Documents
Finding commercial real estate consulting in Scottsdale before signing the dotted line is necessary. If the inspection reveals problems with the property, you have several options to consider: walking away, asking the seller to cover the costs of renovation and repair, or covering the costs yourself and negotiating for a lower price. An experienced consultant will help you go over documents and check for any errors that may lead to potential issues that could arise in the future. Resolve those problems before they occur.
Investing in commercial property? Hire commercial real estate consulting in Scottsdale. Contact Everyday Investments Realty today.