When Leasing Las Vegas Retail Space Its All About Location Leasing a retail space can be the big move that can make you very wealthy. If you have the right tools and do some of your own research, you can maximize your earning potential and create the life you want to live. If you want to be successful, you must do some planning and research before you lease a retail space.
The most important and most profitable decision you will make about leasing a retail space is location. The location of your business will influence every aspect of your business, especially profits. You should try to find out what the needs are of the area you are interested in. It is important to find out what people are buying in a particular neighborhood and what needs are not being met, that in turn your retail space could meet. The best way to obtain this information is by getting out and talking to local residents and business owners. This will give you a feel for the location you are interested and provide some valuable insight on what local residents want and need.
You also need to know the locations of your competition. You do not want a similar retail space across the street from your location. This could prove to be one of the best research skills you utilize when making a location decision. You also need to be aware of what your goods are averaging for in the location you are interested in. This will help you to stay competitive and ensure longevity of your retail space.
It is also a good idea to find out if any major street construction is planned for the retail location you are interested in. If major construction is planned, especially in the new phases of your business, this could devastate and even close your business. You need to locate a retail space to lease that is going to be big enough for your current needs, and future needs as well. You don’t want a space that is too large though. You would be paying for space you are not utilizing. You also need a space that is going to fit you product line well. You do not want a space that clashes with what you are offering.
You need to know if signs are available. Some landlords have restrictions on signs and types. This is imperative to know before you pay for an expensive sign that you may not be able to utilize.
It is very important to read your lease thoroughly before signing. If you do not understand something, ask questions. Make sure you understand every word of every paper you sign. This is your responsibility and you cannot hold anyone, other than yourself, responsible if you sign something you do not agree with or understand.
You can hire a local attorney that specializes in real estate. This can help you to clarify and negotiate your lease. Remember, you can always negotiate to help you get what you want. You may not obtain every detail of your negotiation, but this can help you feel more in control and provide you with more amenities for your hard earned dollar.
Finding out the maximum occupancy is also important when considering locations; this information should be readily available. The retail space you lease should also meet building and fire codes. It would be a good idea to check for sprinkler systems and find out how they are maintained. You should also know what maintenance and repairs you would be responsible for. You should know your responsibilities from the air-conditioning unit to any lawn or tree care.
Also, where are customers allowed to park, and is it free? Will you be responsible for any parking lot maintenance? These things are very important when considering a retail space. If a customer has to park across the street, or pay for parking off street with a meter, this will likely deter many people away from your business. As you can see there are many questions to ask when you are in the beginning phases of leasing a retail space. It is your responsibility solely, to ask these questions. This can be a wonderful time in your career, if you take the time to do it right.
Joe Plante
702-994-0954
Commercial Specialist
Prudential Americana Group, REALTORS
Las Vegas Commercial Real Estate Agent
www.Josephplante.com
Wanted to announce that I will be working with a new partner on Las Vegas Commercial Real Estate- Shauna Wood
who is also with Prudential Americana Group, REALTORS.
We will continue our focus on
Las Vegas Warehouse Leasing / Sales
Las Vegas Office Leasing / Sales
Las Vegas Commercial Property Leasing / Sales
Las Vegas Retail Tenant Representation / Rep
Las Vegas Landlord Representation / Leasing
Las Vegas Investments and 1031 Exchanges
Please see her profile -
Shauna Wood is a native of Las Vegas and has lived here for over 30 years. She has been very active in the Commercial Real Estate industry for the past two years. Prior to this, she had a successful career in the residential mortgage business for four years at one of the largest mortgage firms in the state. During her time, she spent time acquiring a thorough understanding of loan origination, finance, appraisal, title & escrow, as well as the local real estate market. She had also been involved with an internet travel company for 6 years, leading the internet marketing division and successfully achieving top placement in all the major search engines for the company, in addition to acquiring over 300 affiliates.
Shauna, being a Las Vegas native, has seen this city grow from a small town in the middle of the desert, to one of the most booming cities in the world. She has an extensive understanding of the local real estate market, and has built great relationships among industry leaders over the course of her career. She is a positive, pro-active individual who is dedicated to finding solutions for her clients that have kept them loyal to her in her course to become one of the top producers in the industry.
And then my profile
Joe Plante was raised in Las Vegas and been in the Las Vegas Valley over 30 years. Joe has 20 Years of Retail/Restaurant Development working to develop locations throughout most of the United States with some of the biggest names in the Retail and Restaurant Industry. Joe has worked all phases of development from site selection, ROI Analysis, Construction, to Operations of over 700 units .
Joe brings experience that most in the business haven’t; he has been on the client side for many years and understands what you are looking for from site selection to location analysis. Joe knows that providing an outstanding experience and creating strong relationships will create a superior level of service. With this experience Joe provides a high level of Tenant Representation, helping clients with buying and selling of Warehouse, Retail, Office, Industrial and all other types of Commercial Real Estate Investments.
Joe focuses on internet marketing to help drive traffic to Landlords properties for sale or Lease, providing them with an edge in marketing their properties.
Thank You
Joe Plante
www.joeplante.net
www.josephplante.com
702-997-5811
Las Vegas Retail / Office Building For Sale, You can develop one today for $242 per square foot. This building
was completed in 2008. It's ready for your business or ready to lease:
Las Vegas Retail Space from 1,200 to 11,078/sf
Las Vegas Medical Space from 1,200 to 11,078/sf
Las Vegas Office space from 1,200 to 11,078/sf
Your pick or you can lease the building and realize the upside when its fully leased.
Location also has a Convenience Store Permit.
Great New Location READY for Leasing - Space Available from 1,200/sf to over 11,078/sf . Located on the hard corner ,great traffic counts and visibility from Jones and Russell. Call us for more details on this great location.
Contact Joe Plante or Shauna Wood at 702-997-5811 visit us at Las Vegas Commercial Real Estate
 |
|
|
Thanks for taking a look , call us if you have any questions regarding my profile
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
