When youbre looking to choose a commercial real estate property in the South Florida area, especially in the Miami-Dade vicinity, it is important to make sure that you have done your homework on the property first. Let us help you find just the right location for your businessbs needs! There are a lot of issues that you are going to want to consider as you are looking for the right spot. One of those is the vacancy or absorption rate of a potential location. Here are some steps to follow:

  • Study up on the place. Look through the last few years for that particular area and see what the absorption rate is.
  • If the building you are looking at has current tenants, you are going to want to see when their leases come up.
  • Even if the return on your investment is good initially, a change in the leases could bring unexpected change.

Give us a call today at Morris Southeast Group and let us help you find the right place for you and the needs of your business. It helps to have an expert in the field on your side.

Source: Buying Commercial Real Estate Can Be a Secure Investment
Photo Credit: Andrewatla on stock.xchng

 

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