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Navigating Real Estate Transactions


Need To Purchase A New Industrial Building? 3 Things To Look For

If you need to purchase a new industrial building for your company, you need to ensure you get the right one. It is a big decision on what you should choose as this is a big expense. To help you below are three things you should look for in the industrial building you are interested in. You can then tell your real estate agent this information, so they can find you the best building.

Parking Lot

One thing you have to consider is the size of the parking lot. This does depend on the type of business you have. For example, if you are a retail business you should have a large parking lot for your customers to park in. The parking lot should be in good condition, such as no potholes or cracks. It can be expensive to make these repairs after you buy the industrial building. The parking space lines should also be clear, so customers can park safely.

If the parking lot is not sealed this is something you should do after you buy the building. Sealing the parking lot will help prevent damage from extreme weather, vehicles, and more.

Loading Dock

If you have a freight company, you will not have to worry so much about a parking lot. You will need to worry about the loading dock, however. Make sure there are enough loading docks to accommodate the amount of trucks you have coming and in going out each day. There should be plenty of space in the outside area for more than one truck to back into the loading dock at one time.  This will keep your business running smoothly so your products will get out to your customers on time.

Location

Another important thing to consider is the location of your building. What you choose does depend on the type of industrial business you have. For example, you may want the building to be close to shipping lanes or rail lines. You may want the building to be convenient for suppliers or vendors, as well as your customers and the employees that work for you.

If you think you will ever want to expand the building, make sure there is enough room on the property for you to do so. If you need to make extra money, you could add onto your building and then lease out to other companies.

Talk to a company like The Schueler Group for more information and assistance. They will also have many other tips to help you make the right purchase.

About Me

Discussing Real Estate Transactions

Hi there, my name is Francesska O’Conner. Welcome to my website about real estate transactions. The real estate transaction process is particularly difficult to navigate without some guidance. Although real estate agents try to offer this guidance to their clients, sometimes a little information is lost along the way. I created this site to help explain the real estate transaction process from start to finish. I will explore both sides of the transaction process for buyers and sellers. I hope you will feel inspired to visit often to learn everything there is to know about real estate transactions. Thank you for coming by.

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