Are you trying to get more tenants interested in your commercial property? Take some time to really think about who you want to attract. Knowing the type of businesses you desire can help you determine how to design your property and what amenities to offer.
Consider a commercial office, for example. If you’re trying to attract this type of business, you may want to paint the walls with neutral colors like grey or white. Subdued blues could work as well.
You may even want to rent out a property that offers a lot of natural light since this can be conducive to office work. Retail stores, on the other hand, may prefer bright colors, although some colors are brand-specific, so it may be safer to stick to neutral shades as a starting point.
For business offices, many companies desire a beautiful reception area. Make sure that you consider this in your design when trying to entice these types of tenants.
There are other areas of the design that can help attract almost any tenant. For example, consider your bathrooms. No one wants a dingy, outdated bathroom for themselves or their guests. Make sure your bathrooms are impeccably cleaned and have renovated facilities before you market the property.
Potential tenants appreciate a pristine exterior. This may require exterior paint or landscaping to really wow prospective tenants. Make sure your property looks good inside too, consider a new coat of paint, indoor greenery, and artwork.
Your parking also matters to tenants. The amount of parking needed, will of course depend on the type of tenant you’re looking to bring in. A small retailer or small business office may not require a huge parking space like a larger retailer or office. If the business is open into the evening, they’ll appreciate a well-lit parking area. Speaking of which, most tenants appreciate a property that offers security. Businesses want to protect their property, guests, and employees. Security cameras and smart locks can help you bring in more tenants.
The amenities you offer matter to potential tenants as well. Consider what amenities would help you attract your target audience. Would it be a nice breakroom and kitchen area? How about conference rooms or a fitness center? What about bringing in food vendors or vending machines? Have you considered fiber optic internet for your tenants? These are just a few potential amenities that can make a property more enticing.
Another thing to take into consideration is energy efficiency. If tenants are passionate about the environment or paying utilities and looking to save, these types of updates can make a property more attractive.
There are many ways you can entice more tenants to want to rent from you. We’d love to help you with this along with maintaining and managing your property. Please reach out to us at PMI to learn more: https://www.flintpropertymanagementinc.com/.
