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What You Need To Know About Maintaining A Commercial Building

By
Real Estate Technology with Husky Marketing

Owning a commercial building can be a great investment that pays off regularly. The appreciation of the building combined with the rental revenue generated can be massively profitable. You are going to want to have the building be highly desired by potential renters. Not only can this maximize rental fees but can lead to competition to rent a space which makes everything easier on management. A proactive approach can keep tenants satisfied as some might withhold rent if they feel like the terms of the lease are not being met. The following are details that you need to know about maintaining a commercial building. 

Keeping The Roof Pristine

You are going to want to make sure that the roof is in working order at all times. You do not want to be responsible for damaged equipment which can cost thousands of dollars to replace. Flat roof repair is going to differ from repairing other types of roofing. Take the time to find a roofer to come inspect the roof regularly as you do not want damage to worsen with time. 

Commercial Cleaners Can Work Wonders

Employees of a business can be extremely messy which can lead to tension within an office. Commercial cleaners that are included in the rent can help alleviate stress caused by messy office spaces. During COVID, commercial cleaners helped keep schools and government buildings running in a safe manner. The cleaners can come once a week and should have access to various offices or spaces. Most of these cleaners might work at night after business has concluded for tenants. 

Be Careful Who Your Tenants Are 

Tenants can wreak havoc on a building if not monitored appropriately. The truth is that you need to make sure tenants are happy but not damaging the building. The reputation of a building can also be tarnished depending on the type of business run by a tenant. Bars are a great example as security has to be paramount as tempers tend to flare when there is alcohol involved. The rent should also be used partially for improving the building or fixing issues that tenants have. Keeping full occupancy for a building can allow for maximum profitability. Longer leases that give preferred tenants a discount can alleviate any stress of trying to rent out spaces after a short lease. 

Fix Issues Immediately Instead Of Letting Them Pile Up

Fixing issues with the building immediately can be so important. A maintenance professional can be a great investment as tenants can rely on them rather than constantly contacting management or the owners. Putting together a list of what needs to be done can be important and this should be in order or priority. Tackling issues that are written out is far easier than stating something will be fixed without a real plan to do so. 

 

Managing a commercial building in terms of maintenance requires hiring the right service providers. You do not want the building to fall into disrepair and not pass inspection as this can be a nightmare in itself. 

John Pusa
Glendale, CA

Hello Tommy Wyher very good helpful report for what you need to know about maintaining a commercial building.

Oct 25, 2023 03:11 PM
Bo Zivak
Zivak Realty Group - Nashville, TN
Nashville Real Estate Broker

Maintaining a commercial building is crucial for safety and efficiency. This blog provides valuable insights on essential upkeep tasks, ensuring a professional and safe working environment. Thanks Tommy Wyher for Sharing this.

Oct 26, 2023 01:49 AM
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Good morning Tommy. One way to avid some of these issues as an investor is to buy triple net leased properties. That said, allocate funds for asset management so you can verify the tenant is keeping up the building in accordance with the lease. Another alternative is professional management. Thanks for raining the issues. Enjoy your day.

Oct 26, 2023 04:42 AM