by Phill Tomlinson | Feb 25, 2020 | Blog
Many of our clients are conflicted about whether to buy or lease a commercial property. There are a variety of factors small business owners must consider when it comes to deciding whether to buy or lease a commercial property, but at the end of the day the numbers need to make sense for your business. nnFinding the right location is only part of the equation for a business owner who’s in the market for new commercial space. Before looking at specific locations, an analysis should be completed showing the benefits of each. There may be times where the business owner does not have an option.nnDriving factors that play a key role in the decision-making process is both rental rates and property values. Let’s take a look at how these two factors can significantly change whether it makes sense to buy or lease a commercial space.nnThe impact of increasing rent and property values on commercial property directly affect whether buying or selling commercial space makes sense. If rents and property values are increasing in a certain area, it’s often better to purchase commercial real estate as opposed to leasing. By purchasing a property, you’re getting the benefit of appreciated value should you ever decide to sell.nnIn addition to the impact of increasing property values, there are other financial incentives to purchasing a commercial property. Regarding taxes, there are times when the initial outlay that is used to purchase a commercial property is not deductible. This allows for the buyer to depreciate the cost of the property over time. For those who financed the property can receive tax deductions for any interest payments.nnIf you’re a well-established business and have been operating awhile, but you’ve not purchased any commercial space, it may be time to look into building an asset through the purchase of real estate. However, if you’re business is a startup, leasing may be a better option until your business is solidified.nnBuying a commercial space gives you ultimate control of the property. It allows you the freedom to make extensive renovations both inside and offers more options than leasing a space. Renovating a leased property typically requires running any type of changes by the landlord or even may stipulate an outright ban on renovations.nnIf having a certain location is important, buying may open up an opportunity where no suitable properties are currently up for lease. Purchasing in a prime location (for example, a restaurant or retail establishment in an area with high foot traffic) can mean the difference between the success or failure of your business.nnNeed help deciding whether to buy or lease a commercial property? If you’re in the market commercial space it can be difficult to know whether it makes more sense to purchase or lease. By working with a seasoned commercial real estate team like ICRE Investment Group, we can help you determine what is the best move for the future of your business.nn
nnEven after outlining all the information above, investing in CRE can still seem daunting. That’s why the Leveraged CRE Investment Team at Commercial Properties, Inc. is here to help you achieve your investment goals. Contact us at (480) 330-8897 or send us an email at request@leveragedcre.com.nn nnNeed help on how to get started investing in commercial real estate? We got you covered! We prepared a free e-book that will serve as your guide to achieve your long-term business goals or obtain that property you’ve always been dreaming of!n
nn nnPhill Tomlinson is a commercial real estate broker with Commercial Properties, Inc. (CPI) in Scottsdale, Arizona, and owner of the Leveraged CRE Investment Team specializing in investment sales and tenant/landlord representation in the Phoenix and Scottsdale submarkets. Phill applies over 21 years of experience in the Real Estate industry helping investors and owners maximize their returns. nn nnBookmark www.leveragedcre.com to learn more about the Commercial Real Estate market and keep informed of relevant real estate strategies designed to maximize your income property investment results. Connect and follow Phill on Social Media at sm.leveragedcre.com/smplatform. #LeveragedCREnn
by Prince Licaylicay | Feb 25, 2020 | All Articles, Buying, Leasing
Many of our clients are conflicted about whether to buy or lease a commercial property. There are a variety of factors small business owners must consider when it comes to deciding whether to buy or lease a commercial property, but at the end of the day the numbers need to make sense for your business.
Finding the right location is only part of the equation for a business owner who’s in the market for new commercial space. Before looking at specific locations, an analysis should be completed showing the benefits of each. There may be times where the business owner does not have an option.
Driving factors that play a key role in the decision-making process is both rental rates and property values. Let’s take a look at how these two factors can significantly change whether it makes sense to buy or lease a commercial space.
The impact of increasing rent and property values on commercial property directly affect whether buying or selling commercial space makes sense. If rents and property values are increasing in a certain area, it’s often better to purchase commercial real estate as opposed to leasing. By purchasing a property, you’re getting the benefit of appreciated value should you ever decide to sell.
In addition to the impact of increasing property values, there are other financial incentives to purchasing a commercial property. Regarding taxes, there are times when the initial outlay that is used to purchase a commercial property is not deductible. This allows for the buyer to depreciate the cost of the property over time. For those who financed the property can receive tax deductions for any interest payments.
If you’re a well-established business and have been operating awhile, but you’ve not purchased any commercial space, it may be time to look into building an asset through the purchase of real estate. However, if you’re business is a startup, leasing may be a better option until your business is solidified.
Buying a commercial space gives you ultimate control of the property. It allows you the freedom to make extensive renovations both inside and offers more options than leasing a space. Renovating a leased property typically requires running any type of changes by the landlord or even may stipulate an outright ban on renovations.
If having a certain location is important, buying may open up an opportunity where no suitable properties are currently up for lease. Purchasing in a prime location (for example, a restaurant or retail establishment in an area with high foot traffic) can mean the difference between the success or failure of your business.
Need help deciding whether to buy or lease a commercial property? If you’re in the market commercial space it can be difficult to know whether it makes more sense to purchase or lease. By working with a seasoned commercial real estate team like ICRE Investment Group, we can help you determine what is the best move for the future of your business.
Even after outlining all the information above, investing in CRE can still seem daunting. That’s why the Leveraged CRE Investment Team at Commercial Properties, Inc. is here to help you achieve your investment goals. Contact us at (480) 330-8897 or send us an email at request@leveragedcre.com.
Need help on how to get started investing in commercial real estate? We got you covered! We prepared a free e-book that will serve as your guide to achieve your long-term business goals or obtain that property you’ve always been dreaming of!
Phill Tomlinson is a commercial real estate broker with Commercial Properties, Inc. (CPI) in Scottsdale, Arizona, and owner of the Leveraged CRE Investment Team specializing in investment sales and tenant/landlord representation in the Phoenix and Scottsdale submarkets. Phill applies over 21 years of experience in the Real Estate industry helping investors and owners maximize their returns.
Bookmark www.leveragedcre.com to learn more about the Commercial Real Estate market and keep informed of relevant real estate strategies designed to maximize your income property investment results. Connect and follow Phill on Social Media at sm.leveragedcre.com/smplatform. #LeveragedCRE
by Phill Tomlinson | Feb 17, 2020 | Blog
LCRE Investment Team is proud to have exclusively represented the Buyer, 52nd Street, a Joint Venture, in the purchase of a Black Bear Diner located at 1420 Market Place Drive, Great Falls MT 59404. This Retail Commercial Building was an Absolute Net Investment. It was built in 2007 with 7,365 square feet. It Sold for $3,350,000.00 at $454.79 SF on July 3rd, 2019. The Cap Rate was 6.8% with an NOI of $227,812.50.nnBlack Bear Diner is a fast-growing, community-oriented, family dining concept that offers great food in a fun, bear-themed atmosphere. Born from a desire to bring home-style comfort food classics and personal service back to the dining experience, the brand is strategically growing its national footprint. Black Bear Diner has approximately 124 locations in 12 states, including Arizona, California, Colorado, Idaho, Oregon, Texas, and Washington. In 2017, Nation’s Restaurant News highlighted the brand as a “disruptor” in the family dining market, noting market share gains against numerous legacy brands, while Franchise Times ranked it as #242 on its Next 300 Franchises to Watch in 2017 list.n
1420 Market Place Drive Guarabtor: MERIDIAN RESTAURANTS
nMeridian Restaurants was founded in 2002 with 14 restaurants. Today, Meridian now has 127 restaurants consisting of four top-tier brands across eleven states: Burger King, El Pollo Loco, Chili’s, and Black Bear Diner. The tenant; NDM Restaurants, Limited Company; is a wholly owned subsidiary of Meridian Restaurants Unlimited, Limited Company.nn
nnNeed help on how to get started investing in commercial real estate? We got you covered! We prepared a free e-book that will serve as your guide to achieve your long-term business goals or obtain that property you’ve always been dreaming of!nn
nn nnPhill Tomlinson is a commercial real estate broker with Commercial Properties, Inc. (CPI) in Scottsdale, Arizona, and owner of the Leveraged CRE Investment Team specializing in investment sales and tenant/landlord representation in the Phoenix and Scottsdale submarkets. Phill applies over 21 years of experience in the Real Estate industry helping investors and owners maximize their returns.nn nnBookmark www.leveragedcre.com to learn more about the Commercial Real Estate market and keep informed of relevant real estate strategies designed to maximize your income property investment results. Connect and follow Phill on Social Media at https://linktr.ee/PhillTomlinson. #LeveragedCRE
by Phill Tomlinson | Feb 17, 2020 | Blog
The LCRE Investment Group is proud to have exclusively represented the Buyer, 52nd Street, a Joint Venture, in the purchase of 1314 South Broadway Street in Pittsburg, KS. 1314 South Broadway Street is the Ideal single-tenant absolute triple-net (NNN) investment opportunity building with approximately 2,970 square foot retail, offering a 15-year lease with attractive 10% rental increases every five years. The Property is strategically positioned on the western side of US Route 69, just south of downtown Pittsburg. It sold for $2,350,000 ($791.24 per SF) on 08/01/2019.n.nThe Property is made up of ±2,970 rentable square feet on approximately 22,312 square feet of land. The tenant, JRI Management is the largest Freddy’s franchisee with +59 locations in 10 states. Freddy’s Frozen Custard & Steakburgers is a fast-casual restaurant franchise, known for premium, lean, ground beef steak burgers and dessert treats, prepared with freshly-churned chocolate or vanilla frozen custard. A privately owned and family-oriented company, their tasty menu items coupled with exceptional guest service and industry-leading cleanliness standards are why their guests make return visits.nnThe Property benefits from a great location just around the corner from Pittsburg State University, approximately 1-mile south of downtown Pittsburg. Pittsburg State is a fully accredited state university with more than 200 academic programs and approximately 7,000 students (Source: Pittstate.edu).nApproximately 1-mile south of the Property and within walking distance of the Pittsburg State University campus is Meadowbrook Mall & Meadowbrook Commons. Meadowbrook Mall is at near capacity with national and regional retailers including: AMC Theatres, JCPenney, Hibbett Sports, GNC, Gordmans, Maurices, Bath & Body Works, and many more.nnAbout LCRE Investment TeamnThe LCRE Investment Team is a full-service commercial real estate advisory team at Commercial Properties, Inc. (CPI) headquartered in Scottsdale Arizona specializing in investments in the office, retail, medical, and industrial sectors. We provide a complete range of real estate services to commercial property owners, companies, banks, commercial loan servicers, and investors seeking the highest quality of service, proven expertise, and a total commitment to client-focused relationships. Through our intensive focus on our clients’ business goals and our highly personal approach to client service, ILRE Investment Team is creating a new culture and a higher standard. We go well beyond helping with property transactions and serve as a strategic partner invested in your long-term growth and success.nnLearn more about LCRE Investment Team online at www.leveragedcre.com
by Phill Tomlinson | Feb 17, 2020 | Blog
The LCRE Investment Team is pleased to announce the investment sale of 37996 North Gantzel Road, San Tan Valley AZ 85140. This iconic ±232,519 SF land parcel (5.34 Acres) is located on the NW corner of Gantzel Rd. & Pecan Creek Drive with 400’ frontage on Gantzel Rd. in San Tan Valley.nnThe parcel sold for $575,000.00 ($2.47 per SF) and $107,720.26 per Acre on Jan 2, 2020. tHE Zoning IS AND THE Parcel # is 104-53-004E. Less than 1 mile north of Banner Ironwood Medical Center. Southeast of Loop 202 freeway.nnAbout LCRE Investment TeamnThe LCRE Investment Team is a full-service commercial real estate advisory team at Commercial Properties, Inc. (CPI) headquartered in Scottsdale Arizona specializing in investments in the office, retail, medical, and industrial sectors. We provide a complete range of real estate services to commercial property owners, companies, banks, commercial loan servicers, and investors seeking the highest quality of service, proven expertise, and a total commitment to client-focused relationships. Through our intensive focus on our clients’ business goals and our highly personal approach to client service, ILRE Investment Team is creating a new culture and a higher standard. We go well beyond helping with property transactions and serve as a strategic partner invested in your long-term growth and success.nnLearn more about LCRE Investment Team online at www.leveragedcre.com
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