To assess the zoning requirements for commercial real estate, follow these steps: By following these steps, you can effectively assess the zoning requirements for a commercial real estate property and ensure compliance with local regulations.
NOI, or Net Operating Income, is a key metric used in commercial real estate to evaluate a property’s profitability before financing and tax expenses. It’s calculated by subtracting the property’s operating expenses from its gross operating income. Operating expenses include costs such as maintenance, property management fees, insurance, and property taxes, but exclude financing costs … Read more
Advising a client on the purchase of a commercial property involves a comprehensive evaluation of multiple factors to ensure that the investment meets their financial goals, risk tolerance, and long-term strategic objectives. Here are the key factors to consider: 1. Location and Market Conditions 2. Property Type and Use 3. Financial Analysis 4. Physical Condition … Read more
Walls that separate one tenants space from another’s, or from the common areas.
A lease in which the landlord pays all property charges normally payable by the tenant.