Buying a commercial property is one of the best financial decisions you can make. Not only are commercial real estate values on the rise, but so is the demand. Businesses everywhere are growing, changing, and moving. So, once your commercial building inspection from Titans Commercial is complete, you’ll start enjoying all of these fantastic perks of owning commercial property.
If you’re looking for a high return on investment rate and plenty of cash flow, commercial real estate is where you need to invest. On average, commercial properties return anywhere between six to twelve percent. They also provide a continuous cash flow since tenants tend not to move as frequently as private residential renters. Additionally, depending on your property, you likely have more units than you would with a residential property. So, at the end of the day, you’ll be left with a pretty secure investment.
Most commercial properties lease to businesses from different industries. So, catering to them as a renter diversifies your portfolio of businesses you work with. It also gives you more flexibility with the businesses you can host inside each unit. For example, if a restaurant moves out, another one can move in with little to no renovation needed since the space is already prepared.
Depreciation or market changes can heavily affect the value of a residential property. However, that’s not the case for commercial real estate. Commercial property values are not subject to the same market changes as houses, so you can rest assured your value will either stay the same or increase with time. Factors that increase value include inflation, rent prices, and building investments.
Before you sign on the dotted line of a sales contract, make sure you’ve had the building thoroughly inspected by the team at TItans Commercial. We know that your business helps us, and in turn, we want to help you. That’s why you can expect a detailed report that covers everything from top to bottom, including the HVAC, roof, electrical, and plumbing systems. For years, we’ve proudly been inspecting condos and apartments, vacant buildings, and construction sites around Houston, TX. So, call us at (713) 741-3180 to schedule your inspection today.
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