You can also step outside of your current city and explore new ones even reach out to brokers to learn more about the space and the surrounding area. Sumter, SC 29150, 1230-1240 Peach Orchard Road Schenectady, NY 12305, 369 Duanesburg Rd Land: 0.96 Acres, Building: 4,778 sq. With a median household income of over $78,136 and a median rent of $1,380, the Virginia Beach, VA rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. These listings include 223 commercial spaces that encompass a total of 2,790,606 square feet. Sell your property and access thousands of real estate leads. | The first is that the sum of the option price and the rent payments must approximate the property's fair market value. Therefore, the Commercial Rent to Own Agreement itself must contain the entirety of the agreement and the terms that the parties agree to be bound by. The re-characterized rental payments result either in ordinary loss or ordinary long-term gain. The average rent price in Phoenix, AZ, is $1,483.00. Zillow has 2175 homes for sale. CENTURY 21 Commercial, the CENTURY 21 Commercial Logo, C21 Commercial and C21 are registered service marks owned by Century 21 Real Estate LLC. | | 2% goes towards your future down payment savings you start at 2% Purchase Credits when you move into your dream home and 1% is used to cover our expenses related to the purchase of the home. Akron, OH, 585-595 Carroll St, Browse through all available CommercialCafe listings in your area to find the right fit the space that meets your requirements, right now and for the future. CENTURY 21 Commercial, the CENTURY 21 Commercial Logo, C21 Commercial and C21 are registered service marks owned by Century 21 Real Estate LLC. West Hill, | ft. View Exclusive Photos, Floorplans, and Pricing Details for all Phoenix, AZ Commercial Real Estate Listings For Rent/Lease. Sumter, SC 29150, 1865 15 Highway S Find the best offers for Properties for rent in Arizona. ft. Land: 0.26 Acres, New York Commercial Real Estate for Lease, Do Not Sell or Share My Personal Information. Building: 75,358 sq. ft. Rent Rate. The part of the "sandwich" lease-option strategy you might not have been exposed to is the other slice of bread. | Commercial Space. Chapel Hill, Wallhaven, A commercial lease agreement with an option to purchase, also known as a lease option, is a form of commercial real estate contract in which the tenant and the property owner agree that there is an option for the tenant to buy said property at the end of a stipulated rental period. A total of 367 off-market commercial properties located in Akron, OH are also available for research. As with Commercial Lease Agreements, Rent to Own Agreements are primarily controlled by the laws of each individual state. Jim Kimmons is a real estate broker and author of multiple books on the topic. Retail-Commercial For Sale New Orleans, LA 70130 10,287 SF, $3,750,000 2022 Century 21 Real Estate LLC. Akron, OH, 577 Grant Street Suite B, ft. All rights reserved. Akron, OH, 1900 W Market St, Flex Space. Listing information is deemed reliable but is not guaranteed accurate. Montrose - Ghent, | What Is a Restaurant Lease Agreement PDF? Land: 0.17 Acres, Building: 11,000 sq. Dundalk, MD 21222. The amount of the monthly rent to be credited toward the eventual purchase. The perfect commercial real estate space for rent near Akron, OH is only one search away. As of 2021, Akron had a total population of 197,597, with a median age of 38.00 years. University of Akron, Fort Smith, AR 72901, 6125 Dakotah Dr Baltimore, MD 21201, 6800 Rolling Mill Rd Baltimore, MD 21230, 700 Charing Cross Rd CENTURY 21 Commercial, the CENTURY 21 Commercial Logo, C21 Commercial and C21 are registered service marks owned by Century 21 Real Estate LLC. ft. Akron, OH, 21 N Arlington Road, Retail. Baltimore, MD 21201, 2042 Park Ave Owner Financing is when a property owner "takes back the note" on the property in question. ft. Commercial real estate properties for lease and sale in Georgia. Akron, OH, 2745 Nesbitt Ave, Our representatives are local to the . Its as simple as contacting us and letting us know where you need to rent, lease, buy or sell. Schenectady, NY 12306, 139 Freemans Bridge Road Baltimore, MD 21214, 222 Liberty Street Kenmore, A property that may look appealing on its face could turn out not to be truly in line with your business goals. The original owner really needed to sell and he realized that a low price is better than a foreclosure. In such cases, you may strike some creative deals and, subsequently, apply the value of the work against the purchase price. Businesses need to know the market conditions when it comes to retail space for rent, when its right to seek a retail rental property rather than to buy, and what the most cost-effective approach is to a particular rental property for lease or sale. Downtown Akron, | Land: 0.16 Acres, Building: 3,204 sq. Size. ft. South Akron, | Baltimore, MD 21205, 1801 Light St You can modify it and reuse it. 1,625 pcm | 19,500 pa Retail property (high street) to rent 6-8 High Street, Norton - - OnTheMarket today Added today 400 pcm | 4,800 pa | 775 sq ft Office to rent 20, Cambrian Road, Newport. ft. SEARCH FOR RENT. Land: 1.15 Acres, Building: 1,824 sq. No matter where youre searching for retail property for sale, theres a good chance we can find a real estate agent nearby who can help you get what youre looking for. Coldwell Banker Commercial professionals understand youre not in the real estate business. Sumter, SC 29150, 1715 Hwy 15 S | 1 priority is finding the right retail property. Arizona Commercial Real Estate For Rent. Land: 1.73 Acres, Building: 11,200 sq. small commercial space for rent near me Commercial & Industrial Properties For Rent / Lease filter Filter Commercial Types: 7 97,000/month Pasay, Metro Manila For Rent / Lease Retail 160.83 sqm Commercial Retail Space for rent in Pasay near Gas Station! 500 RESULTS. Office Space. and account for 17% of commercial spaces on the market. Fort Smith, AR 72901, 5516 S 28th ST 3210 Broad St Yes, I would like more information from Coldwell Banker Commercial ("CBC"). In 2023 the Akron, OH commercial real estate market totaled 10,882,824 square feet of office spaces, 3,941,288 square feet of office spaces with retail, and 24,781,093 square feet of industrial space. All rights reserved. Your document is ready! 986 Commercials for rent in Arizona from $1,200 / month. ft. Do some research in your area for opportunities to make it work for you. Fort Smith, AR 72904, 8601 Jenny Lind RD What You'll Need to Make It Work. Rofo researches and displays commercial real estate listings from top brokerage firms and landlords in Orlando, FL making it easier to find available commercial space and compare current asking rental rates. Fort Smith, AR 72908, 2331 N 28th ST A commercial lease agreement with an option to purchase, also known as a lease option, is a form of commercial real estate contract in which the tenant and the property owner agree that there is an option for the tenant to buy said property at the end of a stipulated rental period. Local retail availability includes 3,075,587 square feet across 276 listings. Two large open. Sumter, SC 29150, 0 Rast St NP20 4AB - - OnTheMarket today Browse by location London Edinburgh Birmingham Manchester Glasgow Leicester Bristol Leeds Liverpool Sheffield Nottingham We'll assume that the owner needed to . Sumter, SC 29154, 3291 Broad Street In contrast to many of the common and implied protections contained in a Residential Lease and the associated laws, these protection laws do not exist for Commercial Leases. Land: 5.4 Acres, New York Commercial Real Estate for Lease, Do Not Sell or Share My Personal Information. In any case, you want to own more properties so you can lease them out for cash flow, but you purchase them outright in your current situation. There are 10,687,845 square feet of commercial real estate properties between 100k to 500k square feet, representing 43.13% of the Akron, OH industrial inventory. All terms in the sale of a property are negotiable. Our representatives are local to the area and know the ins and outs of the regional market. Please use and/or share my information with a CBC agent to contact me about my real estate needs. Other names for the document: Austin. Maybe it's a bit of both. Sumter, SC 29150, 1426 Camden Hwy Kenmore, Coldwell Banker Commercial professionalscan help with every step of this process, from determining your goals in a retail space for rent or to buy, to finding the perfect location, to closing the deal. When it does, however, the price might be a value agreed upon or the value appraised at the time of purchase. Finally, the lease option allows you to resolve your credit problems to qualify for a traditional mortgage. Goodyear Heights, Leases vs. Courtesy Of Berkshire Hathaway HomeServices Blake, REALTORS, Building: 19,560 sq. For rent! There are two leases with you sandwiched in the middle. Each office is independently owned and operated. We'll assume that the owner needed to sell or he would lose his home. Find your ideal commercial real estate space for rent near . Buy the home at any point or walk away and cash out your savings. | Sumter, SC 29150, 5451 Broad St (1310 hubcap lane) We know how much is riding on each commercial real estate deal you make. The rental payments made to the landlord in the lease option are considered to be part of the selling price. Baltimore, MD 21215, 6308 Harford Road Class A assets total 4,720,716 square feet of industrial space, with an additional 14,971,305 square feet of Class B and 5,089,072 square feet of Class C properties. Krumroy, ft. CENTURY 21 Commercial, the CENTURY 21 Commercial Logo, C21 Commercial and C21 are registered service marks owned by Century 21 Real Estate LLC. | Fort Smith, AR 72903, 302 S 14th ST In situations where the property is residential and the tenant will be living there, a Residential Rent to Own Agreement should be used. Fort Smith, AR 72916, 302 N 13 St Arizona. View Exclusive Photos, Floorplans, and Pricing Details for all Arizona Commercial Real Estate Listings For Rent/Lease. The Coldwell Banker System fully supports the principles of the Equal Opportunity Act. Land: 0.42 Acres, Building: 5,831 sq. 8 Spaces Available. Glenville, NY 12302, 2200 Rosa Road Our trained professionals in retail help owners rehabilitate their property, optimally position themselves in the marketplace and find high-value tenants in order to maximize property value. Each Office Independently Owned and Operated. Land: 0.25 Acres, Courtesy Of Miranda Real Estate Group, Inc, Building: 2,496 sq. The document is created before your eyes as you respond to the questions. That means all over the world, in places where you can benefit from quality retail space, you can find a Coldwell Banker Commercial professional. Sumter, SC 29154, 348 Broad Street Sumter, SC 29150. Downtown Akron, All of the parties' expectations and obligations are laid out and plain to see. Land: 1.46 Acres, Courtesy Of Keller Williams Realty Capital District, Building: 3,622 sq. No tenant is allowed to deduct his rental payments as such. Do you need legal help with issues to do with a commercial lease agreement with an option to buy? Baltimore, MD 21230, 4015 Penhurst Ave Baltimore, MD 21213, 1269 Washington Blvd Retail Space. That business owner needs to make intelligent, informed decisions when it comes to retail property for sale or rent that fits in with their existing business strategy or plans for growth. If you need help with issues to do with a commercial lease agreement with an option to buy, you can post your legal need on UpCounsel's marketplace. | Roughly 68.30% of the total population was between the ages of 16 and 64 years old. 1437 Amsterdam Road Finally, rents received, in combination with extra fees paid in exchange for the option to purchase, are often considerably above the market average value of the property. Land: 0.48 Acres, Building: 3,216 sq. Each office is independently owned and operated. 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