The title of this article, “What they don’t tell you about commercial property for rent,” is a bit misleading. It wasn’t our intention to do so, but it is important to recognize the fact that not all commercial real estate companies and brokers are upstanding, honest, forthright citizens.
The fact of the matter is that most commercial real estate companies benefit by being above board and totally honest with their clients. We thrive when word-of-mouth advertising hails us as trustworthy. We thrive on repeat business. So it is to our benefit to be as honest as possible, and that’s what this article is about . . . honesty and solid information you can trust.
We are RDS Real Estate, serving the Greater Fort Worth area with outstanding industrial property to rent and commercial property for lease. Call us at 817-439-3224 for more information about properties in and around the Fort Worth Metro area. Now, though, let’s talk about the information you may not receive from those less trustworthy about a commercial property lease.
The basics about commercial property for rent
Commercial property is real estate that is used for business activities. Commercial property usually refers to buildings that house businesses, but can also refer to land used to generate a profit, as well as large residential rental properties. Commercial space for lease includes malls, grocery stores, offices, industrial estates, manufacturing shops and more.
Zoning and property use information you need
There’s a difference between land planning, land use, and zoning. Many people believe they are one and the same; however, land planning and land use is the way that people adapt the land to suit their needs whereas zoning is how the government regulates the land.
Without becoming too technical in this article, it is important for you to contact a real estate lawyer, or have a real estate broker you can trust, who can find out the specifics about zoning and property use regarding a specific commercial property for lease you are considering. Will your business fit within the zoning regulations in a particular area and, if not, is it possible to change the zoning laws to fit your needs? These are things you need to know before finalizing a real estate deal and rent commercial property.
Is it all about location?
Some real estate brokers will steer you immediately towards the downtown corridor in their city. There you will generally find the highest rental price. It is true, in some cities, that the downtown corridor is the most highly-sought after commercial real estate property in the city, but that is not always the case. You may run a business which would do quite well in another part of the city where rental rates are lower. It is to your benefit to be able to trust your real estate broker to find the right property for your business.
Yes, you can negotiate for a better deal
It’s amazing how many people believe that price is set in stone in a commercial real estate deal. That simply is not the case. Tough economic times, times like 2020 and 2021, mean that real estate companies are eager to rent their properties. They make no income if their properties remain empty and unused. Of course they will negotiate with you. It is in their benefit to do so during slow economic times.
You now have the basics of commercial real estate. It is now time for you to find a commercial real estate broker you can trust, and in Fort Worth, those brokers are found at RDS Real Estate.
A word about RDS Real Estate
We are locally owned and operated, and our reputation means the world to us. If our clients are not satisfied, they will tell others, and that word-of-mouth exchange of negative reviews will hurt us in the long run. That is why we work closely with our clients, and we are not satisfied until we find the perfect commercial property for rent for their needs. Call us today and let’s begin the search.