How To Prepare Your Commercial Vacancy For Showings
When showing your commercial vacancy, you want to portray it in the best possible light so that prospects are able to imagine themselves using the space. Whether you own a strip mall, a retail center, or a shopping center, if you want your commercial space to sell out quickly, you’ll need to take steps to make it stand out from the competition. Follow these tips to prepare your retail vacancy for showings:
Enhance the Curb Appeal
No matter how spacious and stunning the interior of your commercial property is, if the exterior of the building or establishment disappoints the viewers, it won’t matter. Therefore, it’s equally important to invest in improving the curb appeal of your commercial building if it’s not new construction. This may involve giving a fresh coat of paint to the exterior walls, making minor repairs to the doors, windows, common areas, and landscaping.
Hire a Professional Photographer
Before you can attract potential tenants for the showings process, you’ll need to capture their attention when listed on portals. High-quality images are an ideal way to do this. Instead of relying on your smartphone camera, find a professional photographer to capture the exterior and interior of your commercial property. This should ensure that your property gets a more than 10-second look.
List Your Properties on the Right Portals
While online real estate listings are a great way to reach potential renters, these have proliferated so fast that people now struggle to find the right portals. As a commercial property owner, your aim should be to reach as many existing and potential retailers and shop owners as possible. Among the best commercial real estate listing platforms include Total Commercial, Commercial MLS such as CityFeet and MNCAR, and LoopNet.
Explore Other Commercial Properties
Before listing your property and opening it for showings, be sure to find out how it compares with other similar commercial real estate in the locality. This should give you a much better idea about what renovations you need to reach a more realistic property value. Knowing the pricing trends for commercial properties in your area is the key to renting it quickly at your asking price.
Commercial Vacancies In New York, New Jersey, and Florida
Following the above-explained tips should help you stand out from the competition and find the right buyer for your property quickly. Contact Milbrook Properties today to rent space from their list of current commercial availabilities!