Investing Advisors for Retail Commercial Real Estate

Changes in Ohio’s cities have made it difficult to properly read the real estate market and understand its implications. In order to get the most out of your investment, you need to be well-informed on the developments Ohio’s cities have gone through over the past few years as well as the projections of appreciation towns are expected to experience.

That is why, at Perfect RealEstate Investments, we empower our clients with knowledge on the goings-on in commercial real estate around throughout Ohio. Well-established in the state, we know the business better than anybody, which is how we’ve built a reputation of giving our clients the best retail investing option in the state.

The Right Choice

Real estate has always been a solid investment. It can see ups and downs like any investment can, but it has proven time again to rebound in such a way that the investor is never left without options to continue bringing in some level of income.

The fact of the matter is that real estate is always valuable, especially when a city is burgeoning like Columbus is. As more and more people move into metropolitan areas, the demand for real estate goes up, and the more people there are, the more that businesses can grow and succeed.

The Time Is Now

Currently, business is thriving across the United States, and retail commercial real estate is booming. The season of great growth that the U.S. real estate market is experiencing has poised the industry to continue its historic rise as a golden investment choice. Now, more than ever, is the time to see great gains in retail commercial real estate.

Real estate has shown to be an encouraging venture that transcends the fluctuation of other investment types, so it is important not to miss this moment of opportunity. Correctly investing in real estate will ensure you are maximizing your investment potential by diversifying your portfolio.

Diversification is the key to survival. It means keeping your eggs in different baskets. This is what allows you to stay afloat financially when the marketplace takes a hit. By diversifying your portfolio to include retail commercial real estate, you are not only earning steady passive income, you are adding a necessary element that ensures your long-term investment potential.

Be a Good Neighbor

Speaking of diversity, it can be extended to the greater community, as well. Diversification in both business and population allows for continual growth for everyone. The relationship between businesses and consumers is akin to concentric circles all moving in the same direction and feeding into one another, helping to keep things moving in greased grooves.

By investing in retail commercial real estate, you can help build community and cultivate prosperity through the creation of businesses, jobs, and commercial infrastructures. This impacts the lives of everyone in the community in a positive way.

Community will be bolstered, new shops and exciting restaurants will begin sprouting up left and right, and career opportunities will contribute to the overall benefit of the neighborhood. All of this makes your investment a part of a larger growth paradigm.

Choosing Retail Commercial Real Estate

“So, what kind of retail space will I buy?” you might be asking. “Where will it be? How much work will it need? What will I do with the property?” Minds often jump directly to this place when considering investing in retail commercial real estate. In all reality, there is much more that goes into it before any informed property searches begin. That said, it never hurts to know what kind of properties you call out for you to make an investment.

Strip malls, regional malls, and lifestyle centers are all contenders for potential investment opportunities. Each has pros and cons, but they all require the same level of knowledge to make a tactful offer that will lead to a positive financial return.

The most common retail properties that investors look at:

Strip/Convenience Centers
  • These are often self-managed and good for local Ohio investors. There are usually several tenants, but it’s important to find a center with a good mix of different tenants and store types.
Community Centers
  • These can also be self-managed but are normally professionally managed and are good for both local as well as distant/out-of-state investors.
Single-Tenant Properties
  • Depending on how the lease is structured, can be a good source of passive income. This is a good investment for just about anybody and we highly recommend it.
  • In all commercial real estate investments, including retail property investments, always look at Cash-on-Cash.
Regional Mall
  • This enclosed property features inward-facing stores connected by a walkway. Common merchants include junior department stores, discount department stores, and fashion apparel stores.
Community Center
  • This property is often a discount store, a supermarket, a drugstore, or a discount store selling electronics, toys, books, etc.
  • This property is a row of attached stores or service outlets managed as a cohesive entity. Parking is generally located in front of the stores.
Power Center
  • This property is category-dominant and usually has a few small tenants. You’ll see businesses like home improvement, warehouse club, and discount department stores.
  • This property type offers upscale national-chain specialty stores as well as entertainment and dining in an outdoor setting
    Factory Outlet
  • This property features manufacturer and retailer outlet stores selling brand name goods at discounted prices.
  • This property hosts tourist, leisure, retail, and service-oriented businesses unified by an entertainment theme.

As you can now see, there are an array of options when it comes to choosing a valuable retail investment, but there is far more to consider before making a decision.

Knowing Your City

Every city grows in different ways, depending on the layout and attractions that are already established in different neighborhoods. Schools, churches, parks, shopping, and dining are all strong considerations people make when moving to a particular area. That may not seem important on the surface, but growth in residential areas has a direct impact on the success of your retail commercial property. After all, your tenants will need a steady flow of business to continue paying you rent.

Having a firm comprehension of the areas in the city you’re investing in will prove invaluable in choosing a property that will have the greatest financial gain. A reputable investment advisor will be able to educate you on neighborhoods that have plateaued and what neighborhoods are primed to develop next.

Central Ohio
Central Ohio is anchored by Columbus, the state capital and 14th largest city in the country and is among the fastest growing cities in the United States. Columbus is the youngest sibling of Ohio’s major cities known as the three C’s (Columbus, Cleveland and Cincinnati), Columbus has an appropriately young, vibrant feel. It’s a cultural town, a cerebral place where art, numerous universities and the outdoors inspire ingenuity. Outside of Columbus, you’ll also find many suburbs and surrounding towns with a unique feel and an authentic vibe all their own.

If you’re from Columbus, you’ve witnessed the expansion firsthand, and if you are a newcomer, you were likely drawn to the area because of it. Due to the enormous interest that surrounds the prospering city, it is smart to invest in the community’s retail commercial real estate before appreciation prices you out of a high return.

Easier said than done! Even with unprecedented growth in the commercial real estate market, no investment is a sure bet. You need experts who can navigate the nuances of this important investment option, especially if you are new to the area.

Northeast Ohio
Ohio’s northeastern region rises from the shores of Lake Erie and blooms with ethnic neighborhoods, the Rock and Roll and Pro Football Halls of Fame and Cuyahoga Valley National Park. 

Northwest Ohio
From factories that turn out cars to acres of farmland, Northwest Ohio is a beehive of people hard at work and folks who take relaxing seriously

Southeast Ohio
Southeast Ohio is the stuff of an outdoorsman’s dreams. Take full advantage of the lush landscape, dense with rolling foothills of the Appalachian Mountains. This area of Ohio is home to 15 state parks, three nature preserves, seven state forests, 14 hunting and fishing areas, and the Muskingum and Ohio rivers.

Southwest Ohio
The rivers of Southwestern Ohio continue to shape its destiny. The Ohio and Great Miami rivers provided transportation for people and products via river barges and canal boats. Water power helped industries grow and encouraged technological advances that continue today in cities such as Cincinnati and Dayton, where the arts flourish and sports teams entertain fans and visitors.

Moody’s has ranked Cincinnati as the best-performing metro area in Ohio. A unique and historic city located on the Ohio River and with a population of 2.2 million, Cincinnati is part of the 24th largest U.S. metropolitan area and it is growing fast! 

Both Cincinnati and neighboring city, Dayton, are rapidly coming together in a rush of housing, retail and commercial development across Warren and Butler counties.

Location, Location, Location … and Timing

It may be appealing to jump on the bandwagon and put your money into an area that is already seeing great profits, but when it comes down to it, investing in retail commercial real estate is more than location. Timing is equally important, and it takes great patience to choose from anticipation rather than assumption.

Context is pivotal when interpreting the ebb and flow of commercial real estate. It takes a deep understanding of where the market is at, what came before, and where it is headed.

Don’t Make the Wrong Investment

Figuring this all out on your own is, simply put, ill-advised. Even investors who have lived in the Ohio for years have a difficult time assessing the true value of properties as the areas continue to grow. What you really need are connections and someone who knows how to make those connections for you.

Take the pressure off of yourself and get the help you’ll need to make a sound decision in how you spend your money. Certified investment advisors are used to finding the hidden gems and negotiating for the right price. That’s what their daily work looks like, and that’s what they’re used to. Not only will they give you a better understanding of what kind of property will work best for you, they’ll also help you determine what area of town will best serve your investment goals.

Overwhelmed by Retail Investing

There’s a lot that goes into retail investing. While it may seem as simple as buying a house, there are far more legal requirements that are a part of the process of purchasing retail commercial real estate.

From filling out paperwork to acquiring proper qualifications for zoning, environmental standards, and building codes, there is a lot of information you will need to attain before. Regulations are just the tip of the iceberg, however, as there will also need to be proper documentation accounting for property expenses, tax statements, and proof of insurance.

Get Guidance

When dealing with scenarios that are as extensive as investing in retail commercial real estate, it helps to have an expert in your court. An investment advisor is to real estate as a lawyer is to judicial matters. They are empowered with the knowledge you need to make the best informed decision when looking for a real estate investment opportunity.

From knowing the legal expectations to understanding the supply and demand of the real estate market, these professionals help to fill in the blanks of your own knowledge so that you can feel more confident in searching for the best property to put your money into.

A good investment advisor will also help to connect the dots between your interests and your long-term financial goals. More than likely, your primary goal is to have a strong return on your initial investment. Without knowing what your reason for investing in retail commercial real estate is, though, it will be difficult to craft an appropriate strategy to help you achieve guaranteed success.

Better Strategies, Smarter Negotiations

A useful strategy will take a variety of matters into consideration. These factors range from finding proper funding to mapping out the necessary steps required by the city and state to acquire the rights for purchase of a commercial property. All of these contribute to an overall picture that dictates whether or not a property will be a beneficial investment or not.

Once a property has been chosen, negotiations begin, which is when you will be most happy to have someone who knows the ins and outs of local real estate on your side. Terms of purchase can be different for every property, and there is always the issue of factoring in the cost of extra expenditures like taxes and utilities.

Don’t do it alone. Seek out a professional investment advisor that can guide you towards achieving your long-term goals. When the money starts rolling in, you’ll be glad that you did.

Make a Perfect Real Estate Investment

If you are looking to invest in retail commercial real estate in Ohio but are uncertain of what that all entails, Perfect RealEstate Investments can provide you with all that you need to make an informed and strategic decision that is worthy of your time and money.

Perfect RealEstate Investments is headed by Riyanshu (Pri) Adathakkar, who leads an exceptional team that offers unique insight to Ohio’s retail commercial real estate scene. We have provided assistance to investors since 2013 with a combined experience of over 30 years in the real estate industry, so you know when partnering with us, you receive the highest quality service and support you can find.

How You Benefit

Whether you are a seasoned investor or are merely interested in what opportunities are available to you, make us your choice for retail commercial real estate investments today. Rest assured knowing you are in good hands and that our services extend far beyond your initial investment.

At Perfect RealEstate investments our qualified team will stand by your side for as long as you need. Just contact our offices, and one of our friendly team members will be happy to assist you in scheduling a consultation. If you have any questions about the investment process or what you can expect from us, don’t hesitate to ask. We are here to help you reach your goals in retail investing!