If you’re seeking out an office, industrial, or retail space, working with a commercial real estate agent is a business-savvy move that will allow you to see the broadest range of options. Leading realtors are also the first to know when desirable properties go up for sale or lease. Most importantly, these professionals will ensure all of your needs and desires are met. In order to do so, however, they must ask you the following essential questions.

Questions From Commercial Real Estate Agents to Prepare For

1. What Is Your Desired Location?

First and foremost, your realtor will ask about your desired geographical region. Needs will vary based on the nature of the business. For instance, while central, heavily trafficked locations are important for retail; for corporate offices and industrial spaces, locations could be a bit more remote.  Possible Locations.

2. What Price Range Do You Have in Mind?

Be upfront when your agent asks about your budget. This will allow them to zone in on only the properties within your price range, which will save you time and hassle. If you’re renting a space for a startup, don’t forget to factor in other overhead costs, including utilities.  Another factor to consider is credit and if a good financial record is represented.  Landlords want to know they will have a stable tenant and will get paid, so good credit goes a long way.

3. How Many Square Feet Do You Need?

Unless you’re experienced in commercial real estate, this may be one of the toughest questions to answer. While very small companies may only need about 3,500 square feet, businesses with a few dozen employees should seek out 5,000 square feet. Measurements can also vary drastically for retail and industrial spaces, so consider comparing your needs to similar companies’ locations to get an idea.

4. Do You Have Other Space Considerations?

Don’t forget to factor in parking and property maintenance. For example, while a sprawling corporate campus could help your company make an excellent impression, it’s also important to think about the resources you’ll need to dedicate to upkeep.  Will you want to handle janitorial and general maintenance of your space by yourself or will you want the landlord to do so?  This factor will affect the lease rate.  Property Management .

5. Are There Any Special Needs or Requests?

Finally, if you have any additional special needs, be sure to let your agent know. If you’re looking to open a small gym, for instance, you might request not to view properties situated next to fast food. Talking up front about the lease term you are looking for, and how long is needed if you have to relocate an existing business is crucial.  The lease term is critical especially when a Landlord will need to invest capital to ready a space for a new tenant. Short term leases do not give broker’s and or tenants much leverage. Thinking ahead to include any important qualities will make the search go as efficiently as possible.

When business and prospective building owners in the Greater Dayton area and Northern Cincinnati, OH, need a trusted commercial real estate agent, they turn to Crest Commercial Realty. With more than 50 years of experience and vast knowledge of the local market, this team is committed to finding each client their ideal property. Begin your search by viewing their listings online, or call (937) 222-1600 to contact the office directly.