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Types of commercial real estate: An overview

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While investing in commercial real estate has often been touted as one of the best financial moves that investors can make, Gene Bernshtam explains that before doing so, investors need to boost their investment knowledge before making a move. Image source: fitsmallbusiness.com Image source: lovebeverlyhills.com On that note, Gene Bernshtam lists three types of commercial real estate as a basic launching point for people looking to invest. Retail : Retail properties are leased on a triple-net basis. However, the duration of the lease isn’t as long as other properties on this list, which can either be good or bad. One benefit of a short-term lease is property owners can increase their rates if the rates increase in the area. This is something owners with long-lease properties can’t do. However, for retail properties to succeed financially, it should be in a prime location, adds Gene Bernshtam. Industrial : Warehouses, factories, R&D facilities, and other