Search homes in the Scottsdale, Arizona real estate market!
For a number of reasons, many companies today lease commercial office space instead of purchasing it outright.
One benefit is that the company will not be responsible for property taxes, or if only leasing a portion of a
building, the company will only pay taxes on that portion. Additionally, maintenance of the property may be the
responsibility of the building's owner and not the tenant.
Significant Advantages
Because new businesses have such a high failure rate, a lease is a great way to obtain office space without a
long-term mortgage commitment. Companies who anticipate sudden growth or expansion can add an option to their
lease contract to obtain additional space in the building as it becomes available. In the same vein, a company
may be released from its lease if the building does not meet their needs and if more suitable space becomes
available within the building, or within another building owned or operated by the same management company.
Scottsdale commercial real estate is commonly purchased for one of three reasons: corporate use by owner, as a
lease to create an additional revenue stream, or as an investment holding. By far, the most costly option would be
to purchase commercial real estate and hold the
Scottsdale property while the market appreciates. Another option is for
a company to purchase a facility, use part of it for the company's own purposes, and lease the remaining portion
of the building. In this way, the company can create revenue to offset its own building expenses.
When Steve Coker will assist you in sorting through the Scottsdale commercial real estate listings, finding the
property that suits your specific needs. Additionally, Steve and his
Scottsdale Professional Real Estate Team
will guide you throughout the process and help ensure a smooth transaction. Let Steve help you evaluate which
option is best for you. Call 602-790-3732 or email him at scoker@remax.net for a free consultation today.
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