Business Property Types

Business Property | Office Lease Questions | Business Property Types

Business Property covers a diverse group of structure types and uses, as well as vacant land.

These categories are discussing the sale of "real property", the land and/or buildings. Though business owners frequently sell their business entity together with the real estate, the valuation of the business enterprise itself is not treated in this discussion.

1. Retail Space Real Estate Properties

This category would include single buildings used as stores for clothing, electronics and other consumer products, as well as shops, shopping centres and the like. Restaurant spaces are a specialty subset of the retail category, with some listings shown as restaurant/retail. Valuations can be based on size and land value, retail sales per square foot or other investment return calculations.

2. Office Buildings and Office Complexes

A single building designed for office use, or a group of offices in a single building or cluster of buildings would fall into this category. When offices are grouped in structures with single ownership, they are listed as commercial office rental property. The owner derives income from the rental payments of the office tenants. These can be valued based on the rental income return on investment, rather than methods using square footage and land value. Medical & Dental offices are a subset.

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Business property advice - courtesy of Sheffield Business Property