Investing in Commercial Property in Small MarketsBy Angela Smith, Communications Manager
May 04, 2020
Whether you're an experienced business owner or an aspiring entrepreneur, investing in commercial real estate is a great way to build personal wealth.
Whether you are an experienced business owner or an aspiring entrepreneur, investing in commercial real estate is a great way to build personal wealth. Dealing with a commercial real estate transaction differs greatly from a residential one, and it’s even more unique when you’re dealing with small to mid-sized markets.
That’s why United Country Real Estate recently launched UC Commercial Properties, the only commercial program focused solely on commercial property in smaller cities and rural areas, comprised of a highly-experienced commercial real estate team offering an extensive selection of commercial properties for sale across the country.
“Commercial clients in mid-size and smaller markets have for the most part been ignored and highly under served by the larger urban focused commercial real estate companies,” said Michael Krieg, a UC Commercial broker based in Colorado. “These are specialized transactions to deal with and our team realizes that we needed an avenue to better serve commercial clients in rural America. It is a very valuable expertise and program in the markets we serve.”
If you’re ready to invest, United Country Commercial experts are giving advice to those ready to buy.
Do your research. Before starting the process, do your research. What are your motivations for investing? What type of property are you looking for? What does the market look like? What is the income potential?
Have your financing in order. When you buy a home, you know you need money for a down payment, closing costs, home inspection and appraisal among other things. With commercial property, you’ll need money for those things plus things like licensing, franchise agreements, litigation and other important business or financial matters. The right real estate agent should be able to help with these items.
Get an experienced commercial agent. Speaking of getting the right agent, commercial contracts can be complicated so you’ll want to find an agent who is dedicated to commercial properties and can walk you through zoning, deeds and titles, property value and market information.
Learn more about buying and selling commercial real estate and how UC Commercial Properties agents can help at www.UCCommercial.com, where you’ll also be able to find a list of available properties nationwide.