Topside Real Estate’s Post

View organization page for Topside Real Estate, graphic

275 followers

Recently, we covered some 'red flags' you should look for at a property viewing. In this post we wanted to detail some green flags you should look for as well. When it comes to investing in or leasing commercial real estate, finding the right property can feel like a daunting task. Beyond typical concerns, there are several subtle yet crucial indicators that can signal whether the space is a good fit. 1. Well-Maintained Infrastructure - HVAC systems, plumbing and electrical setups are operation and well-maintained. - Modern fixtures and facilities, including energy-efficient lighting and updated elevators, indicate that the property has been regularly upgraded, which can save you money on repairs and energy costs. 2. Strong Property Management - A proactive and responsive property management team is essential for addressing issues promptly, while maintaining property standards. - Lease agreements that are both reasonable and transparent. 3. Good Location and Accessibility - Signs of ongoing or planned developments in the area are a green flag! Neighborhoods on the rise likely result in appreciation in value, and benefits to your business and investment over time. - Proximity to local transportation, major roads, and essential services add convenience for clients and employees. 4. Compliance with Building Codes and Regulations - Ensuring the property adheres to current zoning and safety codes. - Certifications that indicate that properties have been built or maintained with sustainability in mind (i.e. LEED) 5. Energy Efficiency and Sustainability Features. - Energy-efficient features (windows, insulations, HVAC systems) reduce operational costs and improve comfort. - Properties with certifications for sustainability are often better maintained qualifying for tax incentives or rebates. 6. Positive Tenant and Occupancy History - Properties with a history of low vacancy rates indicate high demand which may suggest a stable investment! - Positive tenant experiences often correlate with good property management and overall quality. These are some green flags we dove into this week. Stay tuned for more of Topside's red and green flags in CRE. #TopsideRealEstate #RealEstate #CRE #CommercialRealEstate #NewportBeach #OrangeCounty #CostaMesa #Irvine #CommercialRealEstateInvesting #Investing #Investment #Finance #Financial #Business

To view or add a comment, sign in

Explore topics