Scottsdale Homes and Real Estate

Scottsdale Commercial Real Estate Listings

For a number of reasons, many companies today lease commercial office space instead of purchasing it outright. One benefit is that the company will not be responsible for property taxes, or if only leasing a portion of a building, the company will only pay taxes on that portion. Additionally, maintenance of the property may be the responsibility of the building's owner and not the tenant.

Significant Advantages

Because new businesses have such a high failure rate, a lease is a great way to obtain office space without a long-term mortgage commitment. Companies who anticipate sudden growth or expansion can add an option to their lease contract to obtain additional space in the building as it becomes available. In the same vein, a company may be released from its lease if the building does not meet their needs and if more suitable space becomes available within the building, or within another building owned or operated by the same management company.

Commercial real estate is commonly purchased for one of three reasons: corporate use by owner, as a lease to create an additional revenue stream, or as an investment holding. By far, the most costly option would be to purchase commercial real estate and hold the property while the market appreciates. Another option is for a company to purchase a facility, use part of it for the company's own purposes, and lease the remaining portion of the building. In this way, the company can create revenue to offset its own building expenses.

When Steve Coker will assist you in sorting through the Scottsdale commercial real estate listings, finding the property that suits your specific needs. Additionally, Steve and his talented team will guide you throughout the process and help ensure a smooth transaction. Let Steve help you evaluate which option is best for you. Call 602-790-3732 or email him at scoker@remax.net for a free consultation today.