What Are The Best Questions to Ask When Buying Commercial Property

You have an abundance of options when searching for commercial office space, no matter why you are looking. To ensure long-term satisfaction in your new room, you must stay grounded and ask essential questions. It’s never a bad idea to ask all your questions about a potential space during a property tour!

How Visible Is My Space?

An organization’s visibility and exposure can make or break its success. Having agreed to the tour, you are most likely aware of the property’s general location, but this is your chance to see the actual building and how it connects to the street and major roads. Is the facility easily accessible to customers? Does a tenant directory serve as an effective means of guiding customers?

How Can Customers Access My Space?

Regarding the first question, accessing a building is not always straightforward. It is possible that some buildings lock their doors automatically after a particular hour or that the hours of open access don’t align with your business hours. Some facilities have receptionists or security guards who can grant access to your floor to visitors. In that case, you may have to leave your office to greet and escort your visitors.

Does This Building Have Onsite Maintenance?

It depends on the complexity of the building systems and whether or not stationary maintenance is onsite. The best way to report electrical or HVAC issues if no care is available is to know how to write them. In addition to these questions, you may need to do more research on your side to determine if there are additional costs. 

Is This Building Handicap Accessible?

Although most commercial office buildings are up to code regarding accessibility, it is always a good idea to double-check all aspects of the building. The building must have an elevator (if multi-story), wide entry doors, a wheelchair ramp, and adequately equipped bathrooms.

Are There Other Tenants In This Building?

Knowing your neighbors when touring commercial space within a multi-tenant building is essential. Are there any competitors in the building? Cables and wires can be run in your new space differently depending on where you run them. You could face a threat from them, as they could potentially take your customers.

Contact Quinn & Associates Today

If you have additional questions about what types of questions you should be asking when considering commercial property, contact us at Quinn & Associates at your earliest convenience. We are here and happy to provide you with insight and information. Call us today at (508) 588-5600 or email us at  info@quinnassociatesinc.com.