All Topics / The Treasure Chest / commercial property

Viewing 4 posts - 1 through 4 (of 4 total)
  • Profile photo of stampezestampeze
    Member
    @stampeze
    Join Date: 2003
    Post Count: 2
    March 14, 2003 - 6:25 am

    I am looking at a commercial factory as an investment – the figures look good – does anybody have any experience or comment on commercial properties? Pete.

    Profile photo of quasimodoquasimodo
    Member
    @quasimodo
    Join Date: 2002
    Post Count: 100
    March 14, 2003 - 6:42 am

    How about giving us some numbers/relevant facts to look at? Cap rates for the area? Median price per square foot in the area Vs your building, proportions tennanted. Etc. Etc.

    Quasimodo

    ___________________________________________________________________________
    Funny how action has a way of answering all of our fearful questions…
    ___________________________________________________________________________

    Profile photo of NathanNathan
    Member
    @nathan
    Join Date: 2002
    Post Count: 77
    March 14, 2003 - 7:57 am

    Is the factory currently leased? What is the durantion of the lease? Are there options to extend the lease? Are rent reviews built into the lease? If so are they at market or CPI or both?

    Is the factory purpose built for the existing tennant?

    What are vacancy rates like for your type of commercial property?

    Cheers, [:)]

    Nathan.

    Profile photo of NathanNathan
    Member
    @nathan
    Join Date: 2002
    Post Count: 77
    March 14, 2003 - 8:00 am

    Hi Pete,

    Also have you investigated finance for the factory? You may find that the rates are not as compeditive as home loans, and that the required deposit is 25% ore more!

    Cheers,

    and happy investing[:)][:D][:)]

    Nathan.

Viewing 4 posts - 1 through 4 (of 4 total)

The topic ‘commercial property’ is closed to new replies.