Commercial Property

Whether you are starting a new business, adding or changing locations, or simply needing to expand, Carole Kay Realty, Inc. will be a valuable partner along the way. When buying commercial property, here are a few things to keep in mind:

• Tax deductions - Business expenses are another source of income at the end of the year, and purchasing a commercial space is at the top of the list.
• Autonomy - When you own your building, you have control over your own improvements, without working anything through a lease manager. 
• Additional income - Commercial properties are also called "Income" properties. Rent the extra space in your building to other tenants for a profit.
• Retirement fund - Think appreciation! As your property appreciates over time, it will become an asset to you and your company.
• Fixed costs - Locking in your mortgage rate will keep you from being subject market variations, like if you'd leased. 

The items listed above are just the beginning when analyzing the purchase of office space. We'll also need to explore specifics such as: What kind of break area do your employees need? Do you need a loading dock? How tall should the ceilings be? What kind and size of conference rooms would work best? Or, maybe you only need one small office with a lobby? By combining salient details about your business with our expert knowledge of the local market, you'll gain maximum benefit from your commercial real estate purchase. Call 561-424-2300 for a consultation today.