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Louisville, Kentucky - Real Estate Commercial & Industrial search results Premier Listings

Commercial and Industrial Real Estate Terms to Know

Whether you are listing a property or looking to purchase office space, a real estate agent that specializes in commercial and industrial transactions can help. For buyers, a professional agent or broker will be familiar with property listings in the area, average rent or lease rates, and finding the best building for your needs. For sellers, an agent can create a listing, appraise value, and show the property to prospective tenants. Here are some real estate terms that may be necessary to know before any transaction.

  • Industrial Property – A commercial property used for production, manufacturing or distribution.
  • Building Classifications – Office space and industrial-use properties are classified A, B, C or D based on their quality, age, condition, location and market appeal. A grade of ‘A’ being the highest.
  • Escrow Agreement – A written agreement between a real estate buyer and seller than specifies the obligations of both parties, and any funds to be deposited in escrow to cover the related costs of the sale.
  • Security Deposit – In a rental arrangement, a payment made to a landlord or property owner to secure the lease. This deposit should be refundable when the lease has ended.
  • Comparables – The purchase or rental costs of similar commercial or industrial space in an area. Buyers use comparables to rate the value of the property they wish to lease or buy.
  • Flex Space – A building that allows occupants options in dividing up space as needed, such as between office and showroom, or showroom and warehouse.
  • Percentage Lease – An arrangement between a property owner and renter, in which the owner is paid a percentage of the tenant’s gross sales as part of the rent.
    National Association of Realtors
    Washington, DC 20001
    The agents and brokers in our association are dedicated to providing the best services in commercial and industrial real estate. Find a firm or broker near you within our association.
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    Delor Ltd I LLC
    3201 Fern Valley Rd Ste 212, Louisville, KY 40213
    Our company offers warehouse, office, and even retail space leasing options. If you are looking for a new business location or storage facility, don't hesitate to give us a call.
    (502) 968-9181
    Sell 4 Free Real Estate Welsh Realty Corp
    216 W. 6th St, Jasper, IN 47546
    With years of experience in the local market our agents have the expertise and track records of success you need. We give our clients the the highest level of service and offering our clients signifi
    (812) 634-6969
    Commercial Kentucky
    333 E Main St Ste 510, Louisville, KY 40202
    (502) 589-5150
    Mulloy Properties
    200 S 5th St Ste 503n, Louisville, KY 40202
    (502) 625-1944
    Museum District Business Center
    734 W Main St, Louisville, KY 40202
    (502) 814-6755
    Professional Office Suites LLC
    436 S 7th St, Louisville, KY 40203
    (502) 568-8822
    Hogan Development
    420 W Liberty St Ste 270, Louisville, KY 40202
    (502) 426-1050
    Meridian Realty Investments
    101 S 5th St, Louisville, KY 40202
    (800) 727-5656
    Kestler Group LLC
    2843 Brownsboro Rd Ste 107, Louisville, KY 40206
    (502) 899-9000
    Lopp Real Estate
    825 Northgate Blvd Ste 201, New Albany, IN 47150
    (502) 386-9022
    Koetter Northgate Properties
    3602 Northgate Ct Ste 5, New Albany, IN 47150
    (812) 949-2200
    Koetter Northgate Properties
    3626 Grant Line Rd, New Albany, IN 47150
    (812) 944-1062
    Hoagland Commercial Realtors
    4010 Dupont Cir Ste 700, Louisville, KY 40207
    (502) 897-3310
    Property Management Division
    4010 Dupont Cir, Louisville, KY 40207
    (502) 894-9083
    Metts Company Realtors
    4014 Dutchmans Ln Ste 15, Louisville, KY 40207
    (502) 894-8701

    Commercial real estate is for sale in various parts of the United States. There are numerous licensed agents that specialize specifically in this type of property. Just so you know, commercial real estate is essentially office buildings, small shop spaces, and other business listings. While some people invest in this type of property, other people lease it in order to start a business or company of their own. For instance, someone may purchase a small commercial space in order to open up a retail clothing shop. As you may know, different commercial real estate brokers handle or manage the sales different properties. Typically a buyer must take out a mortgage loan in order to buy a commercial office building or piece of land. Some commercial spaces have park views or lake scenery that makes them more valuable. Depending on the market and the location of a property, the cost may vary greatly. Typically a professional will have to appraise the commercial real estate in order to determine how much it is worth. This will also determine how much a bank will lend the buyer for the property. Many people hire commercial real estate agents on a short term basis in order to help them find the right room or office space development. You can learn more about commercial real estate agents, and the conditions that apply to purchasing commercial properties by contacting experts in your town or city. This way you can make any inquiries you feel are necessary over the phone.
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