There is no doubt that this past year has been a challenge for everyone. While much has changed, it may not all be bad. Like all areas, COVID-19 has certainly impacted Commercial Real Estate. However, this disruption may just be creating an incredible opportunity for those requiring a small office or light industrial building.
Many people that currently own small office or light industrial buildings are thinking about making moves to sell their property. This means that for the first time in many years, there could be more of these types of properties available. That, combined with inexpensive capital, is providing the perfect opportunity for certain businesses to acquire this type of property. Also keep in mind that a number of these types of deals are not being marketed. Because brokers do so many of this size deal and know plenty of owners of these types of properties, it is a definite possibility to match up Buyer & Seller in off market transactions. So, if your business:
- Needs less than 10,000 SF
- Is financially stable with good credit and profit year over year
- Has a clear direction for the next 10 years
This may just be the perfect opportunity for you and your business. If you would like to discuss this opportunity further, contact Charlie Davis at firstname.lastname@example.org or 720.518.2866.