Have you thought about investing in the real estate market? There are plenty of commercial investment opportunities available. Your Calgary commercial Realtor® can provide you with a list of properties available ranging from several hundred thousand dollars to several million dollars.
Why would you want to own commercial property in Calgary? There are many benefits of owning commercial property, some of which are mentioned below.
You can be your own landlord. Buying a commercial property where you can operate your current business makes a whole lot of sense. When you are renting your office space from someone else, your rental fees are helping the owner of that building pay the financing. If you own your building, you are essentially investing in your future. Your lease payments that normally would be paid to your landlord can now be applied to your building’s financing, so after a few years, you will have built equity in your commercial building.
Owning a commercial building with multiple tenants offers you a way to invest your money and see a return on your investment. Look for buildings with a positive cash flow. This means the money coming in from the rent is more than the money going out for expenses. Every building has expenses but if you can purchase one that has a positive return on your investment, it can be better than putting your hard-earned cash in the bank. With interest rates currently at an all-time low, wouldn’t you rather get a 7-8% return on your money than less than 1%?
Owning a commercial property allows you to leverage your money. The commercial real estate market can offer you ways to invest minimal amounts of cash in more than one property. When you own more than one property you have the opportunity to grow your profits at a quicker pace. When prices increase, you can sell one or all your properties and reap the rewards of your solid investment.
Owning a multi-tenanted commercial space for rent in Calgary allows you to control what type of tenants are in your building. You can choose the specific businesses that you want to have in your building to complement each other. Make sure to get long-term leases for all your tenants in the event you choose to sell your building. Having solid leases makes a building much more attractive to a potential buyer and certainly more viable for a commercial lender.
Choose your commercial investment property based on the recommendation from your Calgary commercial Realtor® who can provide you with all the necessary details you will need.
When you own a business, one of the biggest decisions you face is what type and size of commercial space you need to lease or buy. Sometimes you may require a simple office with room for a desk, chair, and a reception area. Perhaps you have several employees and need a large area with individual […]
As a business owner, you have to make a lot of important decisions. In your business plan, one of the most important decisions is determining if leasing a space for your office is better than buying a space. There are several benefits of leasing from commercial property managers in Calgary. Whether you are looking for […]
The past several months have seen a huge increase in residential real estate across Canada. Houses have been selling quickly with many selling for more than the asking price. If you have commercial real estate in Calgary for sale, you may also have noticed an increase in demand. Commercial real estate encompasses retail, industrial, multi-family, […]
It is important for all your team members to work together harmoniously in order to provide the best services to your clients. Commercial property management companies in Calgary rely on the return business and referrals of satisfied customers. You can improve your overall work environment by offering flexible solutions for your team members. A strong […]
Your business needs a great space to allow you to offer services to your existing clients as well as attract new ones. When you are looking for a commercial space for rent in Calgary, you need to consider a few things before signing on the dotted line. Commercial property managers in Calgary can help you […]
As a business owner, owning your commercial property can come with many advantages if you’re in the financial position to invest and if it aligns with your personal and professional goals. While the common objective here is to eliminate paying rent and instead make payments towards a building that you own, there are other financial […]
© Copyright 2021 CMS Real Estate Ltd.