What are the additional benefits of buying commercial property?

Sunil Agrawal And Associates08 Feb, 2024Real Estate

Beyond potential rental income and property appreciation, buying commercial property offers additional benefits: Longer Leases: Commercial leases often have longer terms than residential ones, ensuring more stable and predictable cash flow for the investor. Triple Net Leases (NNN): Some commercial leases include tenants covering property taxes, insurance, and maintenance costs, reducing the landlord's expenses. Professional Relationships: Leasing to businesses fosters professional relationships, potentially leading to long-term partnerships and stable tenancies.