Commercial Real Estates
Commercial Real Estate Properties
Commercial Real Estates
Be Prepared Before Signing Up for a Kickboxing Class
Punching out excess fat and kicking away bad habits can be one of life’s greatest challenges. Even with so many diets and exercise programs that are available today, it is very difficult to wage a battle against an unhealthy body, more so a dangerous lifestyle. While there are so much hoopla generated on a variety of lose weight programs, none so far have come close to the completeness and holistic approach that kickboxing provides. More info about Be Prepared Before Signing Up for a Kickboxing Class
Feng Shui and Why has the Practice Persisted
A belief, a system or a dogma that has existed, survived and is still in popular use is worth taking a second look. To dismiss them would simply be idiotic as many already did and have proven nothing aside from making a belief that they do not cotton into only to be advertised the more and inadvertently help its propagation. More info about Feng Shui and Why has the Practice Persisted
The term commercial property (also called investment or income property) refers to buildings or land intended to generate a profit, either from capital gain or rental income.
Commercial property includes office buildings, industrial property, medical centers, hotels, malls, retail stores, farm land, multifamily housing buildings, warehouses, and garages. In many states, residential property containing more than a certain number of units qualifies as commercial property for borrowing and tax purposes.
Types of commercial property
Commercial real estate is commonly divided into six categories:
1. Office Buildings – This category includes single‐tenant properties, small professional office buildings, downtown skyscrapers, and everything in between.
2. Industrial – This category ranges from smaller properties, often called “Flex” or “R&D” properties, to larger office service or office warehouse properties to the very large “big box” industrial properties. An important, defining characteristic of industrial space is Clear Height. Clear height is the actual height, to the bottom of the steel girders in the interior of the building. This might be 14‐16 feet for smaller properties, and 40+ feet for larger properties. We also consider the type and number of docks that the property has. These can be Grade Level, where the parking lot and the warehouse floor are on the same level, to Semi‐dock height at 24 inches, which is the height of a pickup truck or delivery truck, or a Full‐dock at 48 inches which is semi‐truck height. Some buildings may even have a Rail Spur for train cars to load and unload.
3. Retail/Restaurant – This category includes pad sites on highway frontages, single tenant retail buildings, small neighborhood shopping centers, larger centers with grocery store anchor tenants, “power centers” with large anchor stores such as Best Buy, PetSmart, OfficeMax, and so on even regional and outlet malls.
4. Multifamily – This category includes apartment complexes or high‐rise apartment buildings. Generally, a fourplex or more is considered commercial real estate.
5. Land – This category includes investment properties on undeveloped, raw, rural land in the path of future development. Or, infill land with an urban area, pad sites, and more.
6. Miscellaneous – This catch all category would include any other nonresidential properties such as hotel, hospitality, medical, and self‐storage developments, as well as many more.
Commercial Real Estate
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