What To Look for When Renting Commercial Property in Tampa
Are you looking to rent commercial property for your business in Tampa? If so, you aren’t alone. Entrepreneurs and families alike are moving to Florida at a record pace to open a business or buy a home. Read on to learn what to look for when renting commercial property in Tampa!
During the onset of the COVID-19 global pandemic in 2020, more than 800 people were moving to Florida each day. It’s hard to argue that there’s a better place to open a business in Florida than the City of Tampa.
Proximity to Your Customers
In today’s fast-paced lifestyle, customers of all ages want products and services quicker than ever before. When you are deciding where to rent space in Tampa, consider your proximity to your customers.
A popular location for bars and restaurants is in South Tampa. The area is well-known for its nightlife, sports, and concert scene. It is also home to the University of Tampa, so there is a large number of young professionals and college students.
When you open a business close to your target market, you help generate more traffic into and out of your establishment. Don’t overlook the importance of finding commercial properties in Tampa that are in the best area to fit your needs.
Future Growth Opportunities
The commercial property you rent should give you the space to expand your business and grow over time. Finding the best location means taking a realistic look at where your business is now and where it is going to be.
Whether you are renting industrial space or opening a retail business, your company may spend a lot on startup costs to get the building in the condition you need.
Your commercial lease should give you the ability to perform a proper build-out. The lease should also give you the option to renew your lease term if things are going smoothly.
This will save you time and money to look for a new location shortly after you open in your first commercial space.
Reputable Property Management
Commercial property owners are often faced with the challenge of how to choose a property manager. This is an important decision for the owner and the tenant in a lease.
Before you sign a lease agreement, get a feel for the property management company at the location. The best commercial property will be affordable and in a great location. It will also upkeep by experienced property managers.
Find a reputable property management team to maintain commercial space. It can make the difference between success and failure for its tenants.
Renting Commercial Property in Tampa
Before renting commercial property in Tampa, you should learn about the wide range of options around the city. Take a realistic look at your budget and spend time thinking about how you predict your business will continue to grow in the short and long term.
At HSW Associates Inc., we are an experienced commercial real estate & management team in Tampa. Our group has more than 30 years of experience in the Tampa-St. Petersburg-Clearwater region!
Contact us today to learn more about how we can help you find the perfect commercial property in Tampa that fits your needs!< Back to Blog