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Walnutport, Pennsylvania - 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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    Express Business Center
    7150 Hamilton Blvd, Trexlertown, PA 18087
    Express Business Center Deals in: Printing & Copying Packing & Shipping Blueprints & Lamination Notary Services & More.
    (610) 366-1970
    NJ Estates Real Estate Group
    1-60 Park Dr., Clinton, NJ 08809
    NJ Estates Real Estate Group is based in Clinton, NJ Since 1982, we've provided Residential and Commercial Real Estate for New Homes and Rental Properties.
    (908) 561-5492
    Turnbull Real Estate
    Post Office Plaza 50 Division Street, Suite 204, Somerville, NJ 08876
    For more than 10 years, we have found success in offering high quality real estate services to our clients over a variety of real estate asset classes.
    (908) 526-7500
    Monaghan John Group Express Marketing Realtors
    779 3rd St Ste 107b, Whitehall, PA 18052
    (610) 266-7777
    Koehler-Marvin Realty LLC
    7395 Interchange Rd, Lehighton, PA 18235
    (610) 377-8000
    Reimer Real Estate Inc
    107 N Commerce Way Ste 120, Bethlehem, PA 18017
    (610) 866-9000
    Daniel Joseph Real Estate
    618 N 19th St, Allentown, PA 18104
    (610) 435-6002
    Gelcor Realty Inc
    87 S Commerce Way Ste 720, Bethlehem, PA 18017
    (610) 866-1234
    David Klein Real Estate
    2200 Hamilton St Ste 204, Allentown, PA 18104
    (610) 820-9888
    The Garibaldi Group LLC
    54 S Commerce Way Ste 175, Bethlehem, PA 18017
    (610) 866-7800
    Sperry Van Ness/Imperial Realty
    968 Postal Rd Ste 200, Allentown, PA 18109
    (484) 245-1000
    Prudential Patt White
    190 Brodhead Rd Ste 101, Bethlehem, PA 18017
    (610) 865-0033
    Patt White GMAC Real Estate
    5925 Tilghman St Ste 90, Allentown, PA 18104
    (610) 395-2082
    Trexler Park Medical Arts Building
    3131 College Heights Blvd, Allentown, PA 18104
    (610) 433-5120
    Summit Management and Realty Company
    1620 Pond Rd Unit 100, Allentown, PA 18104
    (610) 264-0200

    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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