Commercial Real Estate in Arizona
Commercial Real Estate Types
Over the decades and across many industries, we have proven excellence in buying and selling commercial real estate, putting your property in safe hands for the greatest ROI and least amount of hassle. Our expertise, alongside state-of-the-art tools and techniques, will maximize profitability for investors and business owners alike.
Commercial Properties We Specialize In
How to Get Started with
Commercial Real Estate Investing
“Commercial Real Estate Investing’’ is a very broad term for what must be a very narrow and specific area of focus. For instance, everyone is familiar with apartment properties, technically called Multi-Family Commercial Investments. Getting started in this area would require considerable knowledge in this specific area of commercial real estate. This would still only provide the investor with a basic understanding of how it works, what to look for, and what to avoid.
The next step would be to work with a financial expert to develop a source of funding. Finally, you’d need a trusted local market expert who could help you understand hyper-local market sensitivities and where the opportunities might be found at that particular marketplace and time, depending on your particular industry of investment, including Multi-family, Industrial, Office, Medical, Retail, Land, Flex, and Hospitality.
What are the Top 5
Things to Look for in a
Commercial Property?
For evaluating a commercial property carefully consider the following:
- Location
- Condition
- Function
- Price
- Future Demand
How Do I Get an ROI when Purchasing a Commercial Property?
This requires quite a long answer that involves other equally important metrics, such as:
- Internal Rate of Return
- Tax Implications
- Cash on Cash Return
- Cap Rate
In general, when evaluating any real estate investment, you must first exhaustively research your particular market, and then financial analysis, your due diligence, careful analysis of risk, and exit strategy.
How Much do I Need to Invest
in Commercial Real Estate?
There is no one-size-fits-all approach to investing in commercial real estate, requiring expert analysis for a truly educated investment plan. How and what you invest in depends on the particular industry and market that you’re entering, including:
- Multi-Family
- Retail
- Medical
- Industrial
- Land
- Hospitality
- Office
- Flex
Is Commercial Real Estate in
Trouble With the Recession?
Every industry is different and is affected by economic changes in each of their own ways. Assessing the impact of a recession on your market of interest requires a careful, expert analysis of the market, the submarket, and the asset class.
What Does the Next 5 Years Look Like for Commercial Real Estate Investors?
In general, the future is unpredictable in most asset classes, as most commercial real estate loans have 5-year renewal clauses. Since rates have tripled in the last two years, there will likely be some disruption in most classes as loans mature and investors are either forced to pay more for debt or sell.
What is Tenant Representation?
Landlords who own the buildings hire leasing agents to represent them when acquiring tenants. The Leasing Agent markets the property to the general public and Tenant Representatives.
A Tenant Representative works directly with the end user of space to assist them in locating the property, negotiating with the Leasing Agent, and coordinating all of the aspects of their move-in, including utility connections, tenant improvements, and even movers.
Your Guide to Commercial Property Management
Managing commercial properties in Arizona requires expertise, foresight, and a hands-on approach to ensure you get the most out of your investment. At Century 21 Northwest, our team brings over 30 years of experience in commercial real estate and property management, offering tailored solutions for property owners and investors.
