1904 sf of highly desirable retail space for lease. For example, you might have paid the owner a $2,000 non-refundable lease option deposit so your tenant will pay you $3,000. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Scotia, NY 12302, 1222 Troy-Schenectady Road Each office is independently owned and operated. Land: 2.02 Acres, Courtesy Of Howard Hanna Real Estate Services, Building: 4,200 sq. Office. All rights reserved. All rights reserved. Land: 2.41 Acres, Building: 6,882 sq. Youll notice the difference right away between a real estate agent who has a general idea of the region where real estate is located and one that actually lives and works right in the area. Given the depreciable improvements' presumed purchase price allocated, the tenant is allowed to deduct such depreciation. Owner Financing is when a property owner "takes back the note" on the property in question. Listing information is deemed reliable but is not guaranteed . Down Payment Savings. You'll require a greater deposit from your tenant than you paid to the original homeowner. | Rotterdam, NY 12303, 1170 Chrisler Avenue All Rights Reserved. Fort Smith, AR 72903, 302 S 14th ST Akron, OH, 577 Grant Street Suite B, Fort Smith, AR 72904, 8601 Jenny Lind RD When you ask a Coldwell Banker Commercial professional, Where can I find a storefront for rent near me? or request any retail space for that matter, the agent can leap into action, drawing on their own knowledge of the area as well as the wealth of data they have access to as part of the Coldwell Banker Commercial brand. In contrast to many of the common and implied protections contained in a Residential Lease and the associated laws, these protection laws do not exist for Commercial Leases. Sumter, SC 29154, 515 N Main St # 517 ft. Downtown Akron, We know how much is riding on each commercial real estate deal you make. Let's say you're a real estate investor who's new at the game and cash poor. Essex, MD 21221, 5242 Park Heights Ave | They know where to look and when, and what to do to get you the best retail real estate deal. Rotterdam, NY 12306, 180 Erie Boulevard Commercial real estate properties for lease and sale in Georgia. Sumter, SC 29154, 125 East Wesmark Blvd Land: 5.4 Acres, New York Commercial Real Estate for Lease, Do Not Sell or Share My Personal Information. Sumter, SC 29153, 2070 Peach Orchard Rd. Property through Pag-IBIG, flexible terms, discounts, and more! Sumter, SC 29150, 2880 Broad Street Akron, OH, 395 Springside Drive, You'll want a higher purchase price from your tenant. Land: 0.35 Acres, New York Commercial Real Estate for Lease, Do Not Sell or Share My Personal Information. The Agreement allows the Parties to specify the following important details that will guide their landlord/tenant relationship and potential buyer/seller relationship: After inputting the required information, the Agreement is printed out and signed by both Parties, and then kept on file by both Parties for the duration of the Agreement as well as for a reasonable period of time thereafter. CENTURY 21 Commercial, the CENTURY 21 Commercial Logo, C21 Commercial and C21 are registered service marks owned by Century 21 Real Estate LLC. In situations where the property is residential and the tenant will be living there, a Residential Rent to Own Agreement should be used. A Starter Payment that represents 3% of the purchase price of the home. The lease option is usually upheld if, at the point of entering the deal, the parties believed that the rent charged reflected fair market rates and the option price took into consideration the future value estimate. $ 21,000. When you rent-to-own, you enter into an agreement where you commit to renting a property for a predetermined period of time. Land: 1.29 Acres, Building: 9,002 sq. Land: 0.6 Acres, Building: 2,392 sq. | Secondly, there must be evidence of rent payment in excess of the current property's fair market rental value. You, however, negotiate a price significantly higher with your tenant-buyer. Each office is independently owned and operated. ft. Land: 0.17 Acres, Building: 11,000 sq. We know that our success depends on your success and is about more than just completing a sale. A Commercial Rent to Own Agreement is a binding contract that will be upheld in a court of law in any state. During lease option contracts, the intention of the parties plays a significant role. Sell your property and access thousands of real estate leads. The nature of rent payment and option payment during the lease period are changed. The lawyers on UpCounsel come from law schools such as Yale Law and Harvard Law and have practiced law for about 14 years, including work with/or on behalf of companies like Menlo Ventures, Airbnb, and Google. Thirdly, your lease agreement is valid as long as it is agreeable to the landlord and, as such, you don't have to move out of the property. Further, since the sale price of the property is agreed on ahead of time, the potential buyer is protected from the home price rising and some equity will be earned by the time the lease has ended and they are ready to purchase. There are thousands of listings including homes, condos, townhomes, foreclosures, and new homes/new construction. Baltimore, MD 21224, 1023 Bowleys Quarters Rd ft. View 1,000's of commercial real estate listings for rent and for sale near you. He has written hundreds of articles about how real estate works and how to use it as an investment and small business. Land: 11.46 Acres, Building: 20,977 sq. Niskayuna, NY 12309, 2210-2212 Guilderland Avenue The re-characterized rental payments result either in ordinary loss or ordinary long-term gain. ft. Listing information is deemed reliable but is not guaranteed accurate. Fort Smith, AR 72916, 1000 S 21st ST ft. Rotterdam, NY 12306, 1155 Princetown Road Fort Smith, AR 72901, 6125 Dakotah Dr You show him the home and he loves it. Youll know youre always dealing with an experienced professional that will take the time to fully understand your business needs and goals so that they can make sure to maximize the positive results of any real estate deal your company is involved in. Sizes, amenities, prices and locations of commercial real estate spaces for rent are all available to be browsed with just a click. Akron, OH, 1900 W Market St, The tenant-buyer takes full responsibility for repair and maintenance. He wishes he could buy itand you tell them that he can. Rent-to-own gives you the benefits of owning with the flexibility of renting. Schenectady, NY 12303, 156 Barrett Street University of Akron, Coldwell Banker Commercial professionals treat every business we work with as a partnership. That means all over the world, in places where you can benefit from quality retail space, you can find a Coldwell Banker Commercial professional. You pay a non-refundable lease-option fee up front and sign a three-year lease with the option to buy the property at or before the end of the lease at a pre-negotiated price. Rotterdam, NY 12306, 101 State Street You're the one slice. | Fort Smith, AR 72908, TBD 58th Data provided by Yardi Matrix, properties over 50k SF, includes office with retail. 5201 S 66th Street If you need help with issues to do with a commercial lease agreement with an option to buy, you can post your legal need on UpCounsel's marketplace. University of Akron, Akron, OH, E Cuyahoga Falls Ave & Lexington Ave, Each office is independently owned and operated. | | Akron, OH, 2830 Gilchrist Road, Baltimore, MD 21214, 7 Shipping Place B Sumter, SC 29153, 1071 Pinewood Or maybe you're an investor who has maxed out his ability to get new financing. Easily compare sizes, prices, amenities and locations of commercial real estate spaces for rent near me. Share it with your network! Phoenix Commercial Real Estate For Rent. ft. CENTURY 21 Commercial, the CENTURY 21 Commercial Logo, C21 Commercial and C21 are registered service marks owned by Century 21 Real Estate LLC. ft. Fort Smith, AR 72901, 6108 S 31st ST Goodyear Heights, Retail-Commercial For Sale New Orleans, LA 70130 10,287 SF, $3,750,000 Finally, the lease option allows you to resolve your credit problems to qualify for a traditional mortgage. 986 Commercials for rent in Arizona from $1,200 / month. Fort Smith, AR 72901, 3501 Gary ST Data provided by Yardi Matrix, properties over 50k SF. | Akron, OH, 3875 Embassy Pkwy, This site offers ample parking with easy . Akron, OH, 106 S Main Street, You can modify it and reuse it. In such cases, you may strike some creative deals and, subsequently, apply the value of the work against the purchase price. A commercial lease agreement with an option to purchase, also known as a lease option, is a form of commercial real estate contract in which the tenant and the property owner agree that there is an option for the tenant to buy said property at the end of a stipulated rental period. Land: 0.22 Acres, Building: 4,265 sq. Fort Smith, AR 72908, 2331 N 28th ST Commercial-Other 4701 Harford Road Baltimore, MD 21214 Land: 0.42 Acres Add to Compare Listed By CENTURY 21 The Real Estate Centre sale $620,000 Multi-Family 222 Liberty Street Baltimore, MD 21201 Add to Compare Listed By CENTURY 21 Downtown sale $599,900 Commercial/Industrial 2042 Park Ave Baltimore, MD 21217 Land: 0.05 Acres Contact You execute a three-year lease with a certain lease payment. Our representatives are local to the . ft. Akron, OH, 585-595 Carroll St, ft. Wallhaven, | Coworking. Listing information is deemed reliable but is not guaranteed accurate. Listing information is deemed reliable but is not guaranteed accurate. I acknowledge that I have read and agree to the Terms of Use and Privacy Policy. Roughly 68.30% of the total population was between the ages of 16 and 64 years old. There are two leases with you sandwiched in the middle. Current local active listing encompass 5,391,985 square feet of commercial space for lease in Akron. Thats why everyone who works under the Coldwell Banker Commercial brand understands our goal is to bring the same entrepreneurial spirit of passion and determination that you bring to your business to your real estate transaction. Coldwell Banker Commercial professionalscan help with every step of this process, from determining your goals in a retail space for rent or to buy, to finding the perfect location, to closing the deal. West Hill, Sumter, SC 29150, 706 South Guignard Dr Baltimore, MD 21217, 1425 Light St 500 RESULTS. Your document is ready! Having a written agreement is particularly important for Rent to Own situations, as scams are a legitimate concern, and having a paper trail documenting the understanding between the parties leaves them both protected in case one of the parties tries to back out later on down the road. Secondly, the lease option gives you time to save up a down payment without losing the property. Let's say that our example deal involved a $1,000 profit upfront lease-option payment, and $500 more per month from the tenant than you, the investor, are paying the owner. Baltimore, MD 21201, 6800 Rolling Mill Rd Income tax deduction of a fraction of the rental payments the tenant makes. In Orlando, FL there are currently 234 office spaces for lease, 23 warehouse spaces for rent, 56 retail spaces, and 122 shared office spaces (also known as co-working spaces and executive . Baltimore, MD 21213, 1269 Washington Blvd See Akron office price per sqft in 2021, along with vacancy rates, sales report, and construction stats. That's a shame because there are so many great bargains out there with owners who are in trouble with their mortgages. Colonie, NY 12309, 325 STATE Street 27 Photos. Land: 0.96 Acres, Building: 4,778 sq. The rental income, also known as ordinary income, results in sale proceeds, also known as a capital gain. Want High Quality, Transparent, and Affordable Legal Services? UpCounsel accepts only the top 5 percent of the lawyers on its site. Each office is independently owned and operated. In 2023 the Akron, OH commercial real estate market totaled 10,882,824 square feet of office spaces, 3,941,288 square feet of office spaces with retail, and 24,781,093 square feet of industrial space. | 500 RESULTS. Land: 0.48 Acres, Building: 3,216 sq. . Check Availability. Each office is independently owned and operated. Dundalk, MD 21222. Essex, MD 21221, 307 Ellwood Ave CENTURY 21 Commercial, the CENTURY 21 Commercial Logo, C21 Commercial and C21 are registered service marks owned by Century 21 Real Estate LLC. | Baltimore, MD 21230, 121 &125 Back River Neck You are searching properties for sale in Shreveport, LA. Now you need the second. Akron, OH, 534 White Pond Drive, The timing of the property's ownership transfer is changed. Arizona Commercial Real Estate For Rent. The median household income in Akron stands at $41,013, with per capita income at $27,593. Schenectady, NY 12305, 2060 Central Avenue | You are searching properties for sale in Shreveport, LA. A Commercial Rent to Own Agreement is very similar to a standard Commercial Lease Agreement, and includes much of the same information, such as due dates, property descriptions, and the length of the lease term. RE/MAX, LLC is an Equal Opportunity Employer and supports the Fair Housing Act. Search homes for sale, new construction homes, apartments, and houses for rent. Managed by Wasatch Realty. Since the tenant hopes to own the property someday, he will take good care of it. Baltimore, MD 21205, 1801 Light St That's a gross profit of $49,000 when the home is purchased/sold at the end of three years. You'll also need a higher lease payment from your tenant. Approximately 58% of Akron households earn less than $50k per year. Fort Smith, AR 72916, 302 N 13 St 2023 Coldwell Banker. A Commercial Rent to Own Agreement is a document used for a potential buyer of a commercial property to enter into a rental lease agreement with the landlord with the intention of buying the property at the end of the lease. Two elaborate factors manifest a tenant's acquisition of equity interest in a property. Fort Smith, AR 72908. Akron, OH, 21 N Arlington Road, Baltimore, MD 21224, 2709 E Monument St You'll also need a higher lease payment from your tenant. Roughly 13.48% of the total office space in Akron, OH is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 20.5% of the office inventory. Coldwell Banker Commercial professionals understand youre not in the real estate business. No need to spend hours finding a lawyer, post a job and get custom quotes from experienced lawyers instantly. In 2021, roughly 29% of a total of 94,522 employed in Akron worked in Management, business, science, and arts occupations, followed by 23% in Sales and office occupations and 22% in Service occupations. Updated Nov 5, 2022 1 10,000/month Pio Duran, Albay For Rent / Lease Others Fort Smith, AR 72901, 9901 253 Hwy Rotterdam, NY 12306, 35 Freemans Bridge Road Courtesy Of Berkshire Hathaway HomeServices Blake, REALTORS, Building: 19,560 sq. Vibrant neighborhood. Who will be responsible for day-to-day property maintenance issues. As of now, there are 3,024 properties that are related to small commercial space for rent near me that you can find on OnePropertee.com, We estimate the price range for small commercial space for rent near me to be around 10.0K - 7.80T, Commonwealth, Quezon City / QC, Metro Manila, Novaliches, Quezon City / QC, Metro Manila, BGC / Bonifacio Global City / The Fort / Fort Bonifacio, Taguig, Metro Manila. ft. Copyright TX-5-910-991, TX-5-910-992, TX-5-910-993, and TX-5-910-994. Dundalk, MD 21222, 7 Shipping Place 5 Sumter, SC 29150, 1850 Hwy 15 S A business owner who asks, What is the best retail space for sale near me? must consider consumer demand and how it affects the tenant mix. These listings include 223 commercial spaces that encompass a total of 2,790,606 square feet. Sumter, SC 29153, 685-687 N Guignard Dr Land: 0.67 Acres, Courtesy Of Jimmy Bell Real Estate Company, Building: 5,112 sq. Its impossible to stress enough the benefit of having local agents. The right location, the right terms, it can all make a tremendous difference in your bottom line and your future success. If you are interested to receive more properties related to small commercial space for rent near me, you can join OnePropertee's Property Assistance program and we will send you details of the properties as they become available. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Starter Payment. Please use and/or share my information with a CBC agent to contact me about my real estate needs. All of the parties' expectations and obligations are laid out and plain to see. What exactly is rent-to-own? 8 Spaces Available. The main advantage for the landlord is a quick influx of cash flow through long-term and steady guaranteed rent payments. We use extensive data and research to help pinpoint the best strategic approach to help you meet your retail real estate goals, and we use local agents that know the retail market intimately to find deals other real estate agents cant. | Do Not Sell or Share My Personal Information. | ft. Browse through all available CommercialCafe listings in your area to find the right fit the space that meets your requirements, right now and for the future. Land: 1.1 Acres, Building: 2,828 sq. The free listings on our site are usually rent to own by owner, so deals are more reasonable and trustworthy than big company lease to purchase properties are. That means all over the world, in places where you can benefit from quality retail space, you can find a Coldwell Banker Commercial professional. 1 priority is finding the right retail property. ft. Rent/Price: High to Low; Space: Low to High; Space: High to Low; Property Name: A to Z; Property Name: Z to A; Next Page. Do you need legal help with issues to do with a commercial lease agreement with an option to buy? Fort Smith, AR 72908, 1615 Phoenix AVE 37815. Retail-Commercial For Lease New Orleans, LA 70122 6,200 SF, $18 PSF (Annual) Free-standing building in the heart of New Orleans' Gentilly neighborhood is now available for lease. 2% goes towards your future down payment savings you start at 2% Purchase Credits when you move into your dream home and 1% is used to cover our expenses related to the purchase of the home. The part of the "sandwich" lease-option strategy you might not have been exposed to is the other slice of bread. There are advantages for both the landlord and the tenant in using a Rent to Own Agreement. See exclusive photos, floorplans, and pricing details on Showcase. ft. Kenmore, A Coldwell Banker Commercial agent is in a much better position to recognize such incompatibility and steer you down the right path. | ft. Retail Space. Answer a few questions and your document is created automatically. Fort Smith, AR 72903, 3205 S 66th ST Local retail availability includes 3,075,587 square feet across 276 listings. Our trained professionals in retail help owners rehabilitate their property, optimally position themselves in the marketplace and find high-value tenants in order to maximize property value. Akron, OH, 544 White Pond Drive, Addendum to Commercial Lease Agreement Extension. Finally, rents received, in combination with extra fees paid in exchange for the option to purchase, are often considerably above the market average value of the property. | Office Space. Listing information is deemed reliable but is not guaranteed accurate. What Is a Restaurant Lease Agreement PDF? Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Schenectady, NY 12306, 2903 Guilderland Avenue For rent! Sumter, SC 29150, 5451 Broad St (1310 hubcap lane) Akron, OH, 633 W. Market Street, Akron, OH, 2249 14th Street SW, As with Commercial Lease Agreements, Rent to Own Agreements are primarily controlled by the laws of each individual state. Downtown Akron, U.S. Reg. The original owner really needed to sell and he realized that a low price is better than a foreclosure. Sumter, SC 29150, 2015 McCrays Mill Rd Listed By CENTURY 21 The Real Estate Centre, New York Commercial Real Estate for Lease, Do Not Sell or Share My Personal Information. Fort Smith, AR 72904, 120 N 16th ST All rights reserved. Schenectady, NY 12305, 1656 Duanesburg Road Sterling Pointe Regus First, the property will require repairs from time to time. Letcombe, San Antonio, TX 78254 $1,879 /mo 3 Beds | 2 Baths 1,681 Sqft Verified Chipinque Street, San Antonio, TX 78237 $486 /mo 1 Bd | 1 Bath 624 Sqft Verified Alta Sita Street, San Antonio, TX 78237 $1,201 /mo 3 Beds | 1 Bath 1,416 Sqft Verified Rayburn Drive, San Antonio, TX 78224 $1,115 /mo 2 Beds | 1 Bath 960 Sqft Verified Leal Street, Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. You will be able to modify it. Baltimore, MD 21202, 4701 Harford Road Other names for the document: Land: 1.73 Acres, Building: 11,200 sq. CENTURY 21 Commercial, the CENTURY 21 Commercial Logo, C21 Commercial and C21 are registered service marks owned by Century 21 Real Estate LLC. | Downtown Akron, However, the Rent to Own Agreement also explains that the tenant will have an exclusive option to purchase the property and includes information about that arrangement. Size. Baltimore, MD 21230, 4015 Penhurst Ave You fill out a form. Warehouses. Leases vs. ft. Akron, OH, 454 Morgan Avenue, 298,746 SF Contiguous. Sumter, SC 29150, 0 Rast St ft. Land: 2.56 Acres, Building: 11,656 sq. Employed population - Industry % Distribution, Management, business, science, and arts occupations, Production, transportation, and material moving occupations, Natural resources, construction, and maintenance occupations. | Class A assets total 4,720,716 square feet of industrial space, with an additional 14,971,305 square feet of Class B and 5,089,072 square feet of Class C properties. Akron, OH, 3333 Manchester Road, Are you still looking for the commercial real estate space near you thats perfect for your business? 603 Commercial Real Estate Listings in Akron, OH Sort By Next Page West Market Plaza Shopping Center 3879 Medina Road, Montrose - Ghent, Akron, OH For Lease Contact for pricing Property Retail 174,241 SF Availability 2 Spaces 8,790 SF Year Built 1986 View Details Contact Property 366-368 S. Main Street Advantages of Using a Lease Purchase to Buy Property, The Basics of Lease Options and Purchase Sales, Real Estate Agent Commission and Compensation, The Tax Benefits of Owning a Rental Property, How To Calculate Rental Vacancy and Credit Loss in Real Estate, How To Negotiate Commercial Leases That Favor Tenants, 3 Types of Real Estate Investment Properties. 4.5 - 3 votes, Start by clicking on "Fill out the template". Featured Commercial Properties For Sale Mixed Use Total Building Size : 5602 SF University Place, WA $1,500,000 Mixed Use Total Building Size : 2940 SF Villa Park, IL $799,000 Commercial Land Total Building Size : 2940 SF WHEATON, IL $3,400,000 Flex Space Total Building Size : 4,800 SF Glendale, AZ $540,000 40 Commercial Real Estate Listings in Mableton, GA Sort By Next Page Plaza of Mableton 5345 Floyd Road, Fontaine Road, Mableton, GA For Lease Contact for pricing Property Retail 62,588 SF Availability 1 Space 810 SF Year Built 1975 View Details Contact Property Apx 5.2 acres at Austell Road and Clay Road 4967 Austell Road, Russell, Austell, GA Simplify your accounting operations and seamlessly track, manage and collaborate on your lease portfolio from anywhere. Schenectady, NY 12304, 31 East Street Buy the home at any point or walk away and cash out your savings. Kenmore, Land: 0.16 Acres, Building: 5,388 sq. We have almost 150 independently owned and operated companies under the Coldwell Banker Commercial brand, consisting of nearly 3,000 real estate professionals. We'll assume that the owner needed to sell or he would lose his home. Give us a bit of information and your local Coldwell Banker Commercial professional will get in touch with you soon! SEARCH FOR RENT. Akron, OH, 121 Rhodes Ave, Oak Ave. & Nanticoke Rd. Montrose - Ghent, Was this document helpful? ft. Akron, OH, 2130 EASTWOOD AVE., The landlord receives a non-refundable lease option fee from the tenant-buyer, whether or not the tenant ends up exercising the option. Sumter, SC 29150, 1426 Camden Hwy Sumter, SC 29150, 310 Manning Ave Land: 0.15 Acres, Courtesy Of Keller Williams Platinum Realty, Building: 21,500 sq. Sumter, SC 29154, 348 Broad Street Akron, OH, 326 S. Main St, Available commercial spaces in Akron, OH range in size from 3 square feet to 226,860 square feet. This document includes all of the information necessary to create a thorough and comprehensive Commercial Rent to Own Agreement. The first is that the sum of the option price and the rent payments must approximate the property's fair market value. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. But not many people have been introduced to the "sandwich" lease-to-own approach to real estate investing. Local retail availability includes 427,717 square feet across 79 listings. | Lease option presents significant benefits to any landlord. Arizona. Building: 17,088 sq. Fort Smith, AR 72901, 3525 Grand AVE 37814. Austin. Baltimore, MD 21229, 1976 Belair Rd The Coldwell Banker System is comprised of company owned offices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which are independently owned and operated.