Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago,

User Stats

10
Posts
6
Votes
Ty Doke
6
Votes |
10
Posts

How to list/rent storefront commercial space

Ty Doke
Posted

Hello All!

I would love advice on a commercial property.  It is a mixed use, some apartments on the lower level.  On the upper level, which is storefront, on main street in a small town in Nebraska is approximately 3500 SqFt of unused vacant storefront commercial space.  I would like to rent the commercial space but would love any advice on how to advertise and what is common to offer.  My biggest question is how to structure a commercial lease.  I have been exposed to this and I do understand every deal is structured different depending on the needs of the owner and lease holder.  I am just curious if anyone has any advice they would be willing to share.  

The biggest issue is that my resources are currently tied up on renovating the existing apartments.  The commercial space is raw (previous grocery store) and will need a build out.  So, with that build out needed is there a specific way anyone would propose listing it?  Should I list it as is, with a raw space lease price and allow them to complete their own build out?  Should I offer free rent for a period of time, and have the future tenant invest their own funds towards the renovation?  Any advice on previous experience with raw commercial space would be greatly appreciated!  

Thank you for taking the time to read this and offer any wisdom!  :) 


-Ty

Loading replies...