Palm Springs Multi-Tenant Commercial Building Investments
Finding the right real estate investment property to meet your needs can feel like an arduous feat, but the Palm Springs real estate investment experts at Done Deal Real Estate Investments is here to clear the air on what may be confusing.
If you have considered purchasing a commercial property as an investment opportunity, then you may have heard about multi-tenant commercial buildings. With multiple tenants under one roof, investors (that’s you!) are not dependent on one tenant in order to pay for the property’s expenses (and, of course, profitability). The beauty behind this type of purchase is in security!
What is a “Multi-Tenant” Commercial Building?
A multi-tenant commercial building is a property where you can place multiple retailers and offices or consists of multiple suites that can be filled with multiple businesses so you, the investor, is not reliant on one tenant for income. Instead, revenue is spread out amongst tenants who also share other expenses such as maintenance, taxes, insurance, etc.
Finding a Commercial Space in a Building
Done Deal Real Estate Investments also works with a variety of qualified tenants to help them find spaces in commercial buildings. This allows our team to help investors fill their commercial buildings.