Business Owners, Investors & Developers...Are you looking for that perfect property?
We can help
Finding the right property for your business or your next investment can create a competitive advantage that will pay dividends for years to come.
But, finding that perfect property takes knowing the market, knowing the properties on the market and knowing the objectives of the business or investor.
Any broker can run a quick property search, send the results to you, show you the properties you like and then fill out the paperwork.
But that’s NOT how to go about landing the perfect property, especially for the right price…
That’s where we come in. We’ve developed a system that combines your working knowledge of your business or investment philosophy with our market expertise to identify exactly which properties available will deliver the competitive advantage you’re looking for.
Here’s how it works…
FIRST WE PLAN
In order to find you the right property we have to understand your business or investing objectives and how they fit in with the opportunities on the market so we can develop a plan.
1. Understand The Business / Investment
Every business and investment is different, as is the definition of the “perfect property.” To identify the perfect property, we take the time to learn about the needs of the business or investor and what the perfect outcome looks like. Only then can we know what property would be a great fit.
2. Understand The Goals
Just as every business and investment is different, so is every owner’s goals. Understanding your goals and objectives helps us identify opportunities that will create the most value for you and, most importantly, lead to the end result you are after: that perfect property.
3. Identify Opportunities
Once we know and understand your business or investing philosophy as well as your goals and objectives, we can begin hunting for properties that will result in a distinct advantage giving you a leg up on your competition and leading to exceptional returns.
4. Offer Advice
After identifying properties, we will advise you as to the pros and cons of each. Based on our market expertise, industry experience and investment understanding, we will work with you to make the best decision with regard to which properties are worth pursuing.
5. Finalize The Plan
Based on all the information we gather and the feedback we receive from you, we formalize a plan of attack for securing the property you’ve identified as ideal.
THEN WE EXECUTE
Once we’ve agreed on the plan, it’s time to put it into motion. From making offers and negotiating the terms to studying risk assessment, this is where the heavy lifting is done.
6. Tour Properties
Just because a property made the ‘short list’ doesn’t mean it will work out. We will tour each property with you and help assess whether there are any issues to be concerned about and whether or not a property is worth moving forward on based on your goals and objectives.
7. Negotiate And Oversee
Once you’ve decided on a property to make an offer on, we will negotiate the best deal possible for you. From price and terms to lease / sale structure, we will make sure you end up with the most favorable deal possible.
8. Get Creative
There’s almost no deal that gets done without requiring some creativity. After all, if landing the perfect property were easy, and took no creativity, everyone would do it. Fortunately, we know how to be as creative as necessary and have seen just about everything you can imagine.
9. Cross The Finish Line
When it’s all said and done, what matters most is getting you across the finish line. From double checking documents for accuracy and overseeing the closing process to making sure you get access to your new property, we’re there all the way to the end.
If you’d like to talk with someone about putting together a plan to lease or purchase a property, please fill out the form below or give us a call at 360.943.9922. There’s no pressure, it’s free and completely up to you if you decide to have us help you implement it or not.
Here are some answers to frequently asked questions
1. What's The Best Way To Search
Finding a commercial property to lease or buy just isn’t as simple as it should be. Unfortunately, the commercial real estate world STILL doesn’t have a congruent MLS system for finding properties. You can drive around looking but it’s much easier and more effective to sit down with a broker who knows the market and can educate you as to what’s available.
2. What Are Current Prices
Luckily commercial real estate prices in our area don’t fluctuate that drastically in short time frames. To help you navigate this information, we’ve created a Thurston County Commercial Real Estate Pricing Guide. If you’re just starting to look and are wondering what general prices and terms are, this guide is for you. You can get it by CLICKING HERE.
3. How Long Does The Process Take
If you’re leasing a property, the process can be a short as a few days to as long as one year. Seriously! Some of the determining factors are: the landlord you’re working with, the condition of the property, the lease form being used, your type of business, and more.
If you’re buying, a typical transaction takes 90-120 days but can take as few as 30 days and as long as two years. Again, it really depends on the situation.
Because of the many moving parts and the intricacies of commerical transactions, we always advise you have a team to help you navigate the many nuances of buying or leasing commercial property.
4. How Much Does It Cost Me
If you’re buying or leasing a commercial property, in the vast majority of cases, the cost to you is NOTHING.
Typically the seller or landlord will pay the buyer or tenant’s broker a commission.
This is the case about 95% of the time. In very rare instances a buyer or tenant would pay their broker directly for helping them buy or lease a property.
So, there’s really no reason for you NOT to engage a broker to help you buy or lease your next property.
Do I Really Need A Broker
Unfortunately, commerical real estate is very complicated and involves substantially more risk than buying a house.
If you’re leasing, you’re going to be asked to sign a lease document that’s between 20-60 pages. You’re likely going to need some form of tenant improvement. You’re going to have to negotiate the type of lease and who pays for what. And more!
If you’re buying a property, you’re going to have to deal with negotiating a price, potentially reviewing leases, rent rolls, operating statements, and the like. You’re going to be dealing with environmental inspections, appraisers and banks. And more!
Either way, you’re looking at a lot of work and a lot to lose if mistakes are made. Of course, we’re biased in thinking that every tenant and buyer should use a broker but that bias comes from years of experience helping our clients avoid mistakes that would have been made had they gone at it alone.
Joni Baker has been deeply involved in our real estate acquisitions for years. She brings intelligence and intuition to the opportunities we review and to the deals we want to do.
We have depended upon Prime Locations Inc. to provide advice and direction related to our investments and have established an excellent long-standing relationship built on trust and respect.
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