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A checklist for buying commercial industrial spaces – · Buying your first commercial industrial property needn’t be a daunting experience. You just need to have some basic knowledge and overcome the myths surrounding commercial property. If you’ve never purchased a commercial property before, you’ve probably heard the rumours about buying.
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Tenants. Many commercial buildings are leased, sometimes to more than one party. Ask the broker for a rent roll and copies of the current leases if you are buying a building with multiple.
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Is it O.K. to purchase an old commercial building: Due. – · UPDATED 10-APR-2012 Michael Goldfarb wanted to buy a building for his growing software development company. The small business administration (sba) financing terms (at 10% down) were incredible and he knew that the monthly payments of purchasing a 5,000 sq ft building with the current 4% interest rates would be better than paying rent.
10 Things to Look Out for When Buying Commercial Property. – · Here are 10 things to look out for when buying commercial property to help make the process a painless one, and to ensure you find the best property to suit your needs. Location, Location, Location It almost goes without saying, but location is the number one criteria for buying commercial property.
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Plea for red tape relief as home building slumps by 13 per cent in the past year – In SA, the value of new commercial buildings dropped by nearly a third. homes at a time when low interest rates should be.
Buying a Commercial Building: Financing Options – Buying a commercial building can be a smart business investment and may be a critical part of your company’s business plan. There are many components to the purchase of commercial real estate. Evaluating the investment opportunity, selecting a location, building a team of experts to help with the purchase and of course, financing the purchase.
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Issues to Consider When Buying Commercial Property – Issues to Consider When Buying Commercial Property.. Can a new owner of a commercial property break the lease with an existing tenant once the sale is final? We are looking into purchasing a building in Newton that is zoned commercial to use for our business. The current owner just signed a 3-year lease with the lessee that is currently.