#ColumbusCommercial

Revolutionizing City Life: The Emergence of Mixed-Use Developments in Columbus, OH

Posted on by mikoting in Trends

In the past few years, Columbus, Ohio has been at the vanguard of a significant swell in mixed-use developments. This rising tide is indicative of a larger shift in urban planning, one that emphasizes creating living environments that are not just sustainable, but also conveniently integrated. The harmonization of various facets of daily life in these developments enhances the sense of community and significantly cuts down on commuting requirements. The growing wave of mixed-use developments is remolding the urban contours of Columbus, and in the process, enriching the lives of its residents.

The Multifold Perks of Mixed-Use Developments.
The evolution towards mixed-use developments offers a slew of benefits for residents and the city alike:

  • Convenience and Accessibility
  • Bustling Social Hub
  • Economic Boost
  • Efficient Land Use
  • Sustainability
  • Community Integration

The momentum of mixed-use developments in Columbus, OH, shows no sign of waning. The city’s unwavering commitment to sustainable urban planning and community wellness resonates with the ethos of mixed-use developments. With a constant stream of new projects on the horizon, Columbus, Ohio stands on the precipice of establishing itself as a trailblazer in inventive urban design

The Importance of Market Research in Commercial Real Estate Investing

Posted on by mikoting in Best Practices, Guides

Market research plays a crucial role in commercial real estate investing, providing investors with valuable insights and data necessary for making informed decisions. By conducting thorough market research, investors can assess the viability and potential profitability of a real estate investment.

Here are some key reasons why market research is essential in commercial real estate investing:

-Identify Market trends and opportunities
-Assess supply and demand dynamics
-Evaluate Risks
-Precise Property Valuation
-Targeting the right tenant base
-Support Investor’s decision making

By conducting thorough market research, investors can position themselves strategically in the market and increase their chances of success in the commercial real estate industry.

What are the 5 Essential Factors to Consider When Investing in Commercial Real Estate?

Posted on by mikoting in Best Practices, Guides, Investing

Investing in commercial real estate can be a lucrative venture, but it requires careful consideration and analysis. Whether you are an experienced investor or a novice exploring this realm, there are several essential factors that you should take into account before making any investment decisions. Here are the top five factors that you should consider when investing in commercial real estate. By understanding these factors, you can make informed decisions and maximize your chances of success in the commercial real estate market.

1.Location
2.Market Analysis
3.Property Condition
4.Rental Income Potential
5.Financing Options

Commercial real estate investment involves purchasing properties that are used for business purposes, such as office buildings, retail spaces, industrial warehouses, and more. It offers the potential for long-term financial stability, cash flow, and wealth accumulation. However, it is crucial to approach these investments with caution and thoroughly assess various aspects before committing your resources.

Consider the Five things listed above and a help of a Commercial Real Estate professional and you’ll be paving way for your success.

Discover South High Street – A Path of Growth in Columbus Ohio

Posted on by mikoting in Motivation, Trends

Connecting South High

As we keep an eye on the areas developing around Columbus, the vision for south Columbus and specifically the historic South High Street will be a highlight. This stretch will once again become a bustling entryway to Columbus. There is a multitude of retail and multi family projects that put this area in the path of growth for Columbus development. The Fort has anchored this area from at South High and RT 104, offering a plethora of opportunities for residents, students, and small businesses. Whether you’re a business owner, a food enthusiast, or simply seeking a lively atmosphere, South High Street has something for everyone. In this article, we will take a deep dive into this path of growth area, uncovering its unique charm, diverse offerings, and why it’s a must-visit destination.

Tips to Add Value to Your Commercial Real Estate Investment

Posted on by mikoting in Best Practices, Guides, Investing

Investing in commercial real estate can be a lucrative venture, but to maximize returns and attract quality tenants, it’s crucial to add value to your properties. By enhancing various aspects of your investment, you can increase its desirability, generate higher rental income, and achieve long-term success.

To stay competitive in the market and attract tenants, it is essential to add value to your investments. By doing the strategies listed below, you can differentiate your properties, increase occupancy rates, and command higher rental rates.

  • Conduct a thorough market analysis
  • Enhance property curb appeal
  • Maximize the use of Space
  • Upgrade interior spaces
  • Implement energy-efficient measures
  • Optimize property management
  • Utilize technology and automation
  • Build stronger tenant relationships
  • Offer value-added services
  • Upgrade, Renovate, and Adapt

Adding value to your commercial real estate investment is crucial for maximizing returns and attracting quality tenants. By conducting thorough market analysis, enhancing curb appeal, upgrading interior spaces, implementing energy-efficient measures, optimizing property management, utilizing technology and automation, offering value-added services, fostering tenant relationships, and continuously improving and adapting, you can increase the desirability and profitability of your investment.

Ways to Finance Commercial Real Estate

Posted on by mikoting in Best Practices, Guides, Investing

Commercial real estate investments offer lucrative opportunities for wealth generation, but they often require substantial upfront capital. Here are six financing methods that can be flexible and tailored to your specific needs. Whether you’re a seasoned investor or just starting out, these options can provide the capital you need to make your investments thrive, turning your real estate dreams into reality.

1. Traditional Bank Loans
2.SBA Loans.
3.Private Funding
4.Crowdfunding
5.Real Estate Investment Trusts (REITs)
6.Seller Financing

When it comes to financing commercial real estate, there are several avenues to explore. Traditional bank loans offer stability and lower interest rates, while SBA loans provide government-backed support for small businesses. Private funding can be a quick and flexible option, and crowdfunding allows for multiple investors to contribute smaller amounts. Real Estate Investment Trusts (REITs) offer diversification and professional management, while seller financing can provide negotiable terms.

It’s important to assess your specific needs, financial situation, and investment goals before deciding on a financing method. Consider working with a commercial real estate professional and discuss factors such as interest rates, repayment terms, eligibility criteria, and the level of control you desire over your investment.

The Importance of Due Diligence in Commercial Real Estate Investment.

Posted on by mikoting in Best Practices, Guides, Investing

What is Due Diligence in Commercial Real Estate Investment?

When considering a commercial real estate investment, due diligence refers to the comprehensive investigation and analysis of various aspects related to the property.

Due diligence acts as a safeguard, enabling you to identify potential risks and red flags before committing to an investment. By conducting a thorough analysis, you can unveil hidden liabilities, anticipate challenges, and evaluate the feasibility of your investment objectives.

What can you get in practicing due diligence?

  • Accurate Valuation
  • Identify Potential Pitfalls
  • Assess Financial Viability
  • Evaluate Market Conditions
  • Ensure Compliance with Regulations
  • Build a Strong Investment Strategy

Due diligence empowers investors to navigate the complexities of the real estate market with confidence. Remember to prioritize due diligence in your commercial real estate investment journey and set the stage for success.

1544-1550 Lockbourne Road – Retail Space for lease

Posted on by mikoting in Uncategorized

Welcome to 1544-1550 Lockbourne Road, a highly visible retail center in Columbus, OH. This prime location offers a 3,000 square foot unit, which can be divided into a 1,500 square foot space to suit your needs.

Currently undergoing renovations, the unit will be delivered as a clean white shell, providing flexibility for customization. With ample parking, including over 30 spaces, and the option of rear outdoor fenced storage, this retail center offers convenience and security.

Surrounded by businesses like a salon, Chinese restaurant, daycare, and a new Dollar General store, there is a steady flow of foot traffic for potential customers. Benefiting from a daily traffic count of 10,334 vehicles on Lockbourne Road, this location provides maximum exposure and visibility.

Don’t miss the opportunity to secure a highly-visible retail space in this thriving area.

Check out all the information here at Ohio Equities Commercial listing page:
1544-1550 Lockbourne Road | Columbus OH

Lockbourne Village: Your Gateway to Thriving Business in Columbus, Ohio

Posted on by mikoting in Uncategorized

Lockbourne Village, located at 1544-1550 Lockbourne Rd in Columbus, Ohio, is a premier 4-unit retail center that offers an exceptional opportunity for businesses to flourish in a vibrant and accessible commercial space.

Featuring four separate units, Lockbourne Village provides a diverse range of businesses with the ideal location to establish themselves in this thriving neighborhood. Each unit offers a unique space, allowing for customization and flexibility to cater to the specific needs of various retail ventures.

Strategically positioned on Lockbourne Road, Lockbourne Village enjoys high visibility and easy accessibility for both pedestrian and vehicular traffic. Its prime location makes it an attractive destination for potential customers, fostering foot traffic and exposure to nearby residential areas.

The surrounding neighborhood is a perfect blend of residential communities and commercial establishments, creating a dynamic environment for businesses to thrive. With a strong local customer base and a steady flow of visitors, Lockbourne Village offers an excellent opportunity for retailers to establish a presence and cater to the needs of the community.

Moreover, Lockbourne Village benefits from the amenities and infrastructure of Columbus, Ohio—a vibrant city with a diverse and growing economy. Columbus is renowned for its thriving business environment, robust consumer market, and a supportive community that welcomes entrepreneurs and businesses seeking expansion or establishment in the area.

In summary, Lockbourne Village is an exciting gateway for businesses in search of a well-positioned retail space in Columbus, Ohio. With its four-unit layout, prime location on Lockbourne Road, and the thriving community surrounding it, Lockbourne Village is the perfect destination for entrepreneurs and established retailers to enhance their presence and engage with a diverse customer base.

Don’t miss out on this opportunity—unlock your business’s potential at Lockbourne Village today!

(Note: 3 out of 4 units are already occupied, there is only one more space left. A 3,000 square-foot space that is available for a drive-thru.)

6 TIPS TO SUCCESSFULLY NEGOTIATE COMMERCIAL REAL ESTATE LEASE

Posted on by mikoting in Best Practices, Trends

Negotiating a commercial real estate lease can be a daunting task, especially if you are unfamiliar with the process. A lease agreement can have significant financial implications for your business, so it is essential to negotiate terms that are favorable to you. Here are six tips to bring to the negotiation table.

  1. Understand Your Needs and Priorities
  2. Study the Market
  3. Work with a Real Estate Broker
  4. Focus on Key Terms
  5. Review the Agreement Carefully
  6. Be Prepared to Walk Away

Negotiating a commercial real estate lease can be a complex and intimidating process, but it’s essential to ensure that your business gets the best deal possible. By understanding your needs and priorities, researching the market, hiring a real estate broker, negotiating key terms, reviewing the lease agreement carefully, and being prepared to walk away, you can successfully negotiate a commercial lease that protects your interests.

Remember to take your time, ask questions, and seek legal advice if necessary. With these six tips, you’ll be well on your way to securing a commercial real estate space that meets your business’s needs.