Considerations in commercial real estate part 6: development costs
At Harkins Commercial Real Estate, we’ve got the industry experience and the local market know-how to help you negotiate a lease on the commercial property of your dreams. We all know the right location can mean the difference between your business thriving or plateauing, so today we continue our 8-part series on a favorable lease with part 6: development costs.
You may find the perfect location at a reasonable price, but have you considered development costs? Before you sign an agreement, be advised that today’s regulatory environment has become more complex adding new requirements and increasing processing time. Consider issues like contaminated soils, the potential of archeological studies, forestation requirements and preservation of historical structures. If you’re building on leased land, you’ll need to think about all of these development considerations at the outset when selecting your property.
At Harkins Commercial Real Estate, our goal is to get you into a property that will suit your business’s need for growth, exposure, and success at the right price with no development cost surprises. Call us today for Sanford commercial real estate representation you can rely on.
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