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Are you overwhelmed with the everyday mundane tasks of running your commercial property? Is dealing with these tasks robbing you of the precious time you need for developing business strategy and making crucial investment decisions? At Dean Commercial Real Estate, we have you covered. We will successfully handle your commercial property so that you can utilize your time for more productive tasks.
There are two types of property management: commercial (non-residential) and residential property management.
Dean Commercial Real Estate property managers excel at dealing with commercial property, such as offices, retail spaces, warehouses, shopping centers, and industrial buildings. We love working with retail, medical, office complexes, industrial and warehousing.
In providing a top-quality customer experience to our clients, we handle every aspect of your property, offering a complete package of commercial property management services. That includes dealing with everyday tasks, regular maintenance, securing tenants, capital improvement oversight, comparative market analysis, financial management, and accounting.
With our professional guidance, dealing with everyday tasks has never been easier. We will take care of rent collection, addressing tenant complaints, accounting, and bookkeeping. The moment you leave mundane issues to us, your commercial real estate will become a passive source of income.
Every commercial property needs occasional repairs and general maintenance. With our network of quality contractors at our disposal, maintaining your commercial property will not only be hassle-free, but you will have the peace of mind that your property is in the best hands!
Introducing the newest features,’ energy efficient upgrades and improving the functionality of your property is the surest way to stay profitable. Increasing rent prices and attracting tenants is only possible if you conduct regular capital improvements and renovations.
To enhance the overall value and increase the functionality of your property, we will organize and oversee the structural and aesthetic improvements of your commercial real estate. Introducing the newest features at your property, installing energy-efficient appliances, and upgrading bathroom infrastructure is the surest way to stay profitable. Raising rent prices and attracting tenants is only possible if you conduct regular capital improvements and renovations. Now, you can tap into our abundant source of knowledge and take your business to the next level.
Commercial property management can be a complex and daunting task.
It’s not easy to keep up with all the laws and regulations that apply to commercial property management. For example, zoning laws, tax laws, building codes, and more are to consider.
Dean Comercial Real Estate provides various services to property owners, including leasing, rent collection, evictions, maintenance, and repairs.
As a commercial property owner, you have the option to lease your property to tenants. Commercial leases are typically longer than residential leases and often include renewals provisions.
Commercial leases can help business owners manage tenant relationships while protecting their investments.
There are generally three types of commercial leases, in general, including:
Gross lease: Also known as an all-inclusive lease, a gross lease generally means that the tenant pays a fixed rent each month, and the landlord covers the property’s operating expenses, such as taxes, insurance, and repairs.
Net lease: Under a net lease, the tenant pays a fixed rent each month, plus a portion of the property’s operating expenses. The tenant is responsible for paying the property taxes, insurance, and repairs.
Percentage lease: A percentage lease is typically used for retail space in a shopping mall or strip center. The tenant pays a base rent plus a percentage of their sales. This type of lease is often used for businesses that are just starting and do not have a lot of capital.
To attract quality tenants, it’s essential to keep your property well-maintained. For example, Dean Comercial Real Estate can help you handle repairs, security, and other day-to-day tasks.
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One of the most critical responsibilities of a commercial property owner is collecting rent from tenants. This can be a challenge if tenants are late on their payments or if they stop paying altogether.
If you have difficulty collecting rent from your tenants, you may consider hiring Dean Comercial Real Estate.
If tenants are not paying their rent or violating their lease terms, you may need to evict them from your property. This legal process must be followed to remove tenants from your property. Dean Comercial Real Estate can help you with this process by filing the necessary paperwork and working with law enforcement to remove tenants from your property.
The process for evicting a commercial tenant varies by state; although the usual eviction procedures are similar across states, they may differ differently.
If you’re looking for help with commercial property management, contact a reputable company in your area. Dean Comercial Real Estate can help you manage your property, from collecting rent to evicting tenants.
A potential tenant may want to see your property before signing a lease. Dean Commercial Real Estate can take care of all the details for you, from setting up appointments to providing feedback after each showing. We will work with the potential tenant to schedule a time to view the property and answer any questions they may have.
When you’re looking for a commercial property management company, ask about their experience with leasing, rent collection, evictions, and property showings. Choose a company that has experience managing properties like yours.
Any property manager should make commercial property maintenance a top priority. This can be frightening since maintaining basic upkeep and responding to emergency repairs promptly isn’t enough.
Dean Commercial Real Estate is here to help. We offer a wide range of maintenance and repair services to help you get your commercial property in perfect condition. For example, we can handle routine tasks, such as mowing the lawn and shoveling snow, and more complex tasks, such as HVAC repair and electrical work.
Preventive maintenance will lower the amount of required reactive maintenance, which will protect you and your tenants.
All aspects of commercial property should be considered in a proactive maintenance strategy, including:
Dean Comercial Real Estate has a network of reliable vendors to handle maintenance and repair tasks. We also have the knowledge and experience to spot potential problems before they become serious.
Tenant screening is an integral part of commercial property management. You need to know that the people renting your property are responsible and will pay their rent on time. Dean Comercial Real Estate can help you with this by running credit reports and background checks on potential tenants.
Be sure to ask about a company’s tenant screening process before hiring them.
These are just some of the tasks that commercial property management companies can help you with. For example, if you’re looking for assistance with your commercial property, contact Dean Comercial Real Estate today.
Dean Commercial Real Estate can take care of everything for you to focus on your business. We’ll help you find the best options for your needs, negotiate the lease agreement, and take care of all the paperwork to relax and enjoy your new office. We will work with tenants to ensure that leases are signed and that all pertinent information is included. We can also help you with lease renewals, ensuring your property is rented to qualified tenants.
Dean Commercial Real Estate can provide you with monthly reports detailing your property’s status. These reports can include tenant information, rent payments, maintenance and repair issues, and more. Monthly reports can help you stay up-to-date on what’s happening at your property and make informed decisions about how to manage it.
Whether you are new to real estate investing or simply seeking to add more time to your schedule, leaving your property management to the professionals will afford you the freedom to focus on your business!
From coordinating the network of maintenance workers to supervising your capital improvements project, we will provide you with custom-tailored services to suit your individual needs.
Reach out today to schedule your consultation!