Kari Nealeigh - The Complete Guide to Buying Commercial Real Estate

Any email, call, or walk-in should be responded to as soon as possible. There are always things that get in the way of answering the phone, and that is understandable. Just don’t go a full day without reaching back out to them. That is how you lose a future tenant.

Use Your Commercial Realtor and Their Vast Network

The same agent that worked with you on your purchase will almost always be willing to help you find a temporary tenant for it. You will have to pay the commission this time, but it could be worth it in time and effort saved. You probably saw your agent use their network of partners and businesses during your commercial purchase. They are experts in finding tenants for any amount of open commercial space. I would be shocked if they didn’t work with you on this. At the very least, they would refer you to another broker who can.

ONCE YOU HAVE SOME PROSPECTIVE TENANTS, HERE ARE SOME TIPS

Always Screen Them Deeply

You need to know their history and their company’s history. Make sure you know exactly what you are getting into.

There is software for landlords for this.

Offer Fair Market Value

You wouldn’t want a deal that rips you off, would you? Do the same for any tenants. If you don’t, your tenant pool will be much smaller.

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