Office Property Investments
Leveraging more than three decades of experience, Perfect Real Estate Investments brings priceless insights and a genuine desire to make you a successful commercial property investor. Our comprehensive understanding of Ohio’s commercial real estate, as well as our commitment to our clients, make us a premier resource you don’t want to go without. Whether you’re looking for a traditional office space, a medical office, or a flex space, Priyanshu (Pri) Adathakkar and his team of real estate investment professionals can guide you through the entire process. Schedule your free consultation to get started.
Commercial Office Investment Properties
Finding the right commercial property to invest in is an essential step in achieving success in your real estate ventures. Whether you’re just starting out in the industry or simply need some professional guidance and someone to you can rely on for an honest opinion and advice, Perfect RealEstate Investments is an ideal partner for the journey.
If you’re considering investing in a commercial office space, here are some things to know as you start.
There are different classes of office buildings:
Every office building may have different kinds of office spaces. Generally speaking, every office space is pretty much the same thing – desks, cubicles, conference rooms, break room, and everything else in there. But there are also Medical Offices and Flex Spaces.
Medical Offices differ from general office spaces in the following ways:
- Medical offices have more rooms. Some of which are smaller rooms (exam rooms)
- More rooms have plumbing (sinks), especially in exam rooms.
- Medical Offices need a larger reception/waiting area.
- Medical Offices demand higher rental rates but are also more expensive to buy.
- Medical offices need more parking spaces.
Flex space is a type of office in which a tenant who occupies industrial space also has office space built-out within the building. This kind of space is for tenants who need to have both the front and back end of their business under one roof, from warehouse and/or distribution to sales, accounting, and management.
Properties can be further classified into 3 distinct categories:
- Professionally Managed
- Owner User
Self-managed properties can be any type of office space and any class building and are normally smaller properties. We recommend buildings with less than five units. There are certain types of office space investments like Executive Suites and Co-working spaces that are not only self-managed but they are also a business. These need to be close to where you live.
Professionally Managed properties can be any type of office space but we recommend buildings with more than five units and only be A and B class properties. The only exception is office spaces or buildings in Condo Associations. These are good for distant and out-of-state investors.
Types of Commercial Office Buildings
In general, office buildings are classified into three categories. Keep in mind that a Class A building in one neighborhood may not be a Class A building in another — office buildings are always viewed within the context of the local market.
These buildings are the newest and highest-quality options available in the current market. They look the best and have an up-to-date infrastructure. Located in great locations around Ohio with easy access, they’re professionally managed and attract the highest quality tenants and command the highest rents.
Class B buildings still have solid infrastructure, management, and tenants despite being older than Class A buildings. They’re a common choice for commercial investment properties because they can be restored to Class A glory with renovations.
Located in less-desirable areas and in need of extensive renovation due to age, Class C buildings have outdated infrastructure and the lowest rental rates. They’re often targeted as re-development projects.
There’s a lot to know about investing in commercial office properties, and we can’t wait for our insights to empower you. Let Perfect RealEstate Investments transform your journey and put you on the path to successful returns. Schedule your free consultation today.
Commercial Investment Property Made Easy
If you’ve looked at commercial real estate listings in the past and felt overwhelmed at the options, you’re not alone. Thankfully, at Perfect RealEstate Investments, our goal is to show you how to invest in real estate in a way that makes sense for your specific situation.
Simply put, investing in commercial real estate is a numbers game. We’ll take a look at the numbers and evaluate the location to determine if it’s the right property that meets your specific needs.
By working with banks and finance brokers, PRI helps to put clients in touch in order to get the absolute best terms. Because funding is complex and unique to each situation, you can rest assured the Perfect RealEstate Investments is here to help you through the process every step of the way.
Why Commercial Real Estate Investing?
Every type of commercial property is different. For example, buying or selling a home is much different than buying or selling commercial property. They require different areas of knowledge and expertise. Fortunately, at PRI, we’re well-versed in helping our clients succeed with commercial property investment. Our goal is to share our comprehensive knowledge of commercial real estate in Ohio, ensuring that you get personalized guidance from the very beginning — and for many years after.
Backed by over 30 years of experience and countless satisfied clients, Perfect Real Estate Investments brings unparalleled insight to each task we undertake. No matter the type of commercial property you’re considering investing in, you can rest assured that we’ll help you to find the right space and achieve success. Whether you’re just starting out or you’ve been investing in real estate for years and you’re ready for something new, you can count on PRI to partner with you throughout the process, providing helpful advice and knowledge along the way.
Serving the Entire State of Ohio
From gas stations to medical buildings to flex spaces, no matter your needs, PRI is here to help. Are you new to commercial property investment? We’ll educate you on the pros and cons of each property you’re considering, letting you know the reasons a particular property may be a good or bad investment for you. If you’re a veteran investor, you can expect an in-depth discussion as we learn from each other. Either way, rest assured that when you choose Perfect Real Estate Investments, we’ll go above and beyond to ensure that you get the help you need.
Whether you’re new to commercial real estate or a seasoned veteran, we’ll work with you to ensure that you understand the requirements and make a decision together. Pri’s philosophy is simple: “I approach every investment project as if I am investing my money and not the investors’. If I will not put my hard-earned dollars in a particular investment, why would I advise somebody else to invest their dollars?”
No matter your needs, you can count on Perfect RealEstate Investments to help you navigate the process successfully. Contact us today to schedule a free consultation.