5 Reasons Why You Should Invest in Multi-Family Real Estate
February 22, 2024What is Commercial Real Estate Asset Management?
March 7, 2024Columbus, Georgia, offers an excellent business environment. The state and local governments are business-friendly, and the economy is strong. Businesses can also expect diverse commercial rentals in Columbus, GA. This post will provide tips to help businesses looking for spaces to rent in Columbus.
Finding Commercial Rentals in Columbus GA
Determine Your Use
The first step is to understand your use. Someone starting a dental practice will have very different needs from a call center or retail store. Consider whether you are looking for a storefront, an office, a healthcare business, a food business, manufacturing, or anything else. From there, you will need to consider factors like whether it will need to be a standalone location or if it would be more successful on shared properties.
Features Your Business Needs
What features will your business need? Take parking spaces, for example. You might need parking for employees or customers. Some businesses might need large storage spaces or loading docks for trucks. Infrastructure needs like high-speed internet and phone lines should also be considered.
Property Size
Property size is another important consideration. The amount of space you have can affect operations and capacity. Along with the property’s total size, you should consider the sizes of different areas. For example, a retail store might have floor space and storage space. You should consider how much space you need in each area. The size of the parking lot and number of spaces will be another consideration.
Location
Your location in Columbus will also be a critical factor. If you’re opening a store, you will want an area with more foot traffic. You should be a good distance away from other businesses for a manufacturing space. Consider whether a location in the city has zoning for your intended use.
Take a Property Tour
Business owners should thoroughly tour the property before starting lease negotiations. You need to inspect the property and assess its condition. If you have any special requirements, you’ll need to assess if the space can accommodate them. Consider how much time and money you’ll need to prepare the location for your business. Take the time to tour the interior as well as the exterior.
Budgeting
The final point is budgeting. How much can you afford to pay upfront and for monthly rent payments? Moving expenses, utilities, and costs of adapting the property are other important considerations.
You should work with commercial real estate professionals to help you find a suitable business space. They can help you understand your needs and find properties that will serve your business well. A local real estate agent can also help you with lease negotiations.
Commercial Real Estate in Columbus, GA
Do you need help finding commercial real estate for rent? Click here to contact the Cummings Commercial Team. We are CRE experts with extensive experience in the local market. Reach out now to learn more about how we can help.
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