On the edge about whether to invest in a commercial property? There’s a lot of different types of commercial property out there, and there’s also many reasons why you should. This article will focus on retail property.
Retail properties offer a very lucrative market for investors of varying budgets and experiences. At HOWE Real Estate, we take pride in helping clients unlock the true potential in these properties. We find the best opportunities for our clients maximize returns on investment. Retail is a valuable option for investors in the Louisville region.
Although online stores have put some brick-and-mortar businesses out of business, there will always be a need for certain retail shops such as clothing stores. When the economy and employment improve, retail sales rise with it, which benefits those investing in the real estate.
- It’s a good time to invest right now in retail property. The real estate market is in a growth cycle.
- Investing in retail is good for diversity in a portfolio. It offers additional diversity with a single investment with multiple sources of income. You don’t have to rely on a single tenant.
- Retail investment can be passive income with positive cash flow with no need to lift a finger with the help of a property management company.
- Regular cash flow and higher income potential.
- There is a stability of income. Retail real estate leases are usually longer.
- There is a lower vacancy risk.
- Retail investors have more control over their property values than other real estate investors. Value can be added through improvements at any phase in the market cycle.
- Commercial real estate investments tend to have a lower risk than residential investments or the stock market.
- Retail property is known to provide a good appreciation in value.
- Retail real estate provides investors with good tax benefits.
- In many retail buildings, the tenants pay for the building’s operating expenses.
At HOWE Louisville, we work with real estate investors and small business owners who are interested in retail spaces. We know this can be a daunting process for investors, so our goal is to provide unrivaled support.
If you’re interested in investing in a commercial space and want to narrow your options down, think about investing in retail space.
Click the link for more reasons to invest in commercial real estate.
Looking for Louisville Commercial Properties for Sale?
With more malls and plazas popping up with all sorts of businesses, it is a good time to add retail into your investment portfolio. Whether you’re new to investing or a long-time investor, you can benefit from investing in a commercial space, especially with our team at HOWE Louisville looking out for your best interests.
Let our team of professionals at HOWE Louisville help you get started on looking for retail property. We work with buyers, sellers, lessors and lessees across all property types in and around Louisville. To contact us, send us an email or call 502-890-4475.