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Commercial Properties in Vancouver [p.2]

Investing In Commercial Real Estate

Commercial real estate properties in Vancouver appeal to investors. Over the years, the city has proven to be a conducive environment to do business. With Canada’s business port being an infrastructure system that is among the best in the world, different types of businesses have the potential to thrive. There are various listings for commercial properties that an investor can check out in the city. Commercial properties for sale in Vancouver offer different opportunities for businesses.

Retail Stores

Setting up retail stores is one way that a commercial building can bring in profits for an investor. Demand for rental space in the city is high due to the environment that entrepreneurs have access to. The rental rates in the region are not as high compared to other cities, and that is attractive to anyone who wishes to put up a retail store.

Office Space

Commercial buildings can also provide space for offices. The city has become a hotbed for tech companies looking for new opportunities. With more enterprises coming up, there is a need for more office space. There are speculations that the lease rates in the region will stabilise, consequently opening more doors for commercial buildings offering office space.

Industrial Space

Commercial real estate listings in Vancouver also play a big part in the industrial sector. The port in the city makes the region the best for industrial business. There is ready transportation to take goods out and into the city. The transport system is also in an excellent condition, which further raises the appeal of the area for industrial business. An investor has the chance to rent out his commercial building to industrial companies.

Steady Income

An investor looking to put money in commercial real estate may need a little motivation. For one, a commercial building offers a steady flow of income. It does not matter if an investor is renting out to office spaces, retail stores or industrial companies; at the end of the month, he will get an income from tenants.

Higher Returns

Commercial real estate in Vancouver offers investors higher returns on their investment. In a good market, commercial property will yield more money than what an investor spent on it. As the business environment continues to improve, commercial property investors continue to get a consistent supply of tenants.

Longer Leases

Tenants in a commercial building stay longer in comparison to residential ones. Whatever business it is, an entrepreneur will lease out space for a longer period, especially if he invested a lot. Businesses sometimes even have ten-year leases in commercial buildings, which is an advantage to the investor.

Vancouver Business Brokers has numerous listings on commercial real estate for investors who want to capitalise on the opportunities that the city offers.

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Data was last updated February 23, 2020 at 04:00 AM (UTC)
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
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