Scottsdale Commercial Real Estate for Sale

The Lease Versus Own Decision

dwight getting On June 3, 2021 / Commercial Real Estate Education, Commercial Real Estate Investments, Commercial Real Estate Tenant Representative, SimpLEASity, Simply Own It

The Lease Versus Own Decision If you’re looking for commercial space for your business, you may be wondering if it’s better to lease or buy. While there are pros and cons to each, the decision should come down to what’s best for your company and your needs. Here’s a look at both options to help guide you during this important decision. Advantages to Leasing Commercial Property No Down Payment While you may have to put down a security deposit when leasing property, it will be a smaller total cost than a down payment. For reference, when purchasing a property with

Is It A Buyer’s Market or a Seller’s Market?

dwight getting On May 12, 2021 / Commercial Real Estate Buyer Representation, Commercial Real Estate Education, Commercial Real Estate Tenant Representative, Simply Own It

Market conditions are driven by complex occurrences that happen every day. Examples include global and local economic changes such as steel shortages, demographic shifts due to the pandemic, interest rate changes, urbanization trends, and more. As a business owner, it’s important to note that these changes often come out of nowhere like COVID-19 and each market can be affected differently. Currently large markets like NYC, LA, Chicago and San Francisco are struggling to manage large vacancies while states like Arizona, Florida, Tennessee and Texas are challenged with unparalleled migration of population and businesses. An experienced broker who has lived through

For Lease – Peoria Warehouse & Office

dwight getting On May 3, 2021 / Commercial Real Estate Property, Leased, SimpLEASity

FOR LEASE: $12.50 Modified Gross (net of Electric & Janitorial) 9299 W. Olive Ave, Unit 811, Peoria, AZ 85345 Great opportunity to lease a flex warehouse in one of the fastest growing cities in Arizona. The unit is 75% EVAP warehouse with abundant natural light. 25% AC cooled office, kitchen, RR and reception. Conveniently located at HWY 101 and West Olive Avenue exit. Clear Ceiling Height: 22’ Warehouse Dimensions: 62.5’ X 29.7’ (approx) Power: 200-600A/208V 3P Roll-Up Door: 14’ x 12’ BONUS 600 SF Masonry Floor Above Office DOWNLOAD PROPERTY BROCHURE Property Details Lease rate $12.50 Modified Gross (net of

Commercial Real Estate Investment Tricks

dwight getting On April 29, 2021 / Commercial Real Estate Education, Commercial Real Estate Investments, Simply Own It

No matter the property type, commercial real estate investing is all about the lease, tenant, and your return on investment. Whether you’re a seasoned investor or just starting out, remaining competitive is essential in the performance of any property. Here are a few tricks to help you be successful: Focus on Being an Investor Rather Than an Accumulator of Properties Before investing in a property, do your due diligence to ensure you’re making a sensible decision. Remember, investments should produce an income or a profit. If you purchase a property that produces no income or profit, you just acquired a property which costs

For Sale $575,000 – Rare Find… Peoria Stand-alone Industrial Warehouse & Showroom

dwight getting On April 1, 2021 / Commercial Real Estate Investments, Commercial Real Estate Property, Simply Own It, Sold

FOR SALE: $575,000 Rare Find… Peoria Stand-alone Industrial Warehouse & Showroom 8936 N 79th Ave, Peoria, AZ 85345 Rare find. Stand-alone Industrial Warehouse and Showroom, private fenced backyard, block wall around perimeter of the lot, rollup garage door. Located on the corner of Olive Avenue and 79th Ave. just west of Grand Avenue US Hwy 60. DOWNLOAD PROPERTY BROCHURE Property Details Total Building +/- 2,340 SF +/- 550 of showroom/ retail space (AC) +/- 1790 of warehouse (EVAP) Lot size +/- 20,038 SF 12 X 10 rollup garage door Peg board walls throughout the showroom Industrial shelving in the warehouse

Not Your Mother’s Home Loan

dwight getting On April 1, 2021 / Commercial Real Estate Education, Commercial Real Estate Investments, Simply Own It

So, you’re ready to buy your first commercial property. Great news! While you may have purchased residential real estate in the past, it is important to note that acquiring an office property is nothing like buying a home. Feeling nervous? Don’t be. My new book, “Simply Own It, The American Dream,” will guide you through how to buy the perfect commercial property to support your business, step by step. Before you get your hands on the book, this blog covers some helpful tips. Residential vs. Commercial Loans: What’s the Difference? So how do residential and commercial loan options stack up?

Pros and Cons of a Sales-Leaseback

dwight getting On March 16, 2021 / Commercial Real Estate Education, Simply Own It

Sale-leaseback transactions are an appealing option for both corporate property owners and commercial real estate investors. But before we dive into the advantages and disadvantages of a sales-leaseback transaction, let’s first take a minute to review some logistics. In a sale-leaseback transaction, the owner of a commercial property sells the asset to an investor and enters into a lease for a mutually agreeable term or time period, lease rate, annual lease increases, and lease type. Depending on the asset and situation, the lease could last anywhere between 7-15 years. The typical lease structure is a triple net (NNN), which makes

Tips for Investing in Medical Buildings

dwight getting On February 22, 2021 / Commercial Real Estate Education, Commercial Real Estate Investments

Given the social impact of COVID-19 and other recent worldwide events, it is no surprise that investors seek medical office buildings as a bankable, essential asset class. In addition to the relative stability these investments offer, the number of outpatient centers across the U.S. continues to increase as patients desire more convenient and more affordable access to healthcare. Here are considerations that make medical office buildings a promising investment. Retention of Tenants is Regular Doctors stay at a location that suits them well because relocating usually results in a loss of 10 to 20 percent of their patient base. Furthermore,

For Sale $1,250,000 – Downtown Scottsdale Medical Office

dwight getting On February 11, 2021 / Commercial Real Estate Property, Sold

Downtown Scottsdale Medical/Office Building FOR SALE: $1,250,000 5011 N Granite Reef Rd., Scottsdale, AZ 85250 Andrea Davis CRE, the Exclusive Advisor to the Seller, is pleased to offer this fee simple property for sale. 5011 N Granite Reef was originally a Wellness Clinic. This +/- 4,176 SF sits on a 23,958 SF building has generous window line, a reception, exterior exam rooms, interior pharmacy, doctors offices, IV area, and more. Prominent monument signage faces Granite Reef. Less than 1 mile from the Loop 101 and only 2 miles to Downtown Scottsdale. Nestled in a neighborhood community at the cross roads of Chaparral and Granite Reef, this is the perfect

Tips for Investing in Core Real Estate Assets

dwight getting On January 19, 2021 / Commercial Real Estate Education, Commercial Real Estate Investments

If you’re looking to diversify your portfolio, look no further than core commercial real estate assets. Amid the current pandemic, typical strong demand urban centers like San Francisco, New York and Chicago have shifted in popularity for commercial investors. Instead, tertiary markets such as Phoenix, Austin, Nashville, and many other secondary markets are sought and have an added incentive with a higher return for the investor. Core investments generally employ low to moderate leverage and target stabilized, fully leased investments with a meaningful income component. Many investors see core investments as an attractive strategy for the level of risk they

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