It’s said that the three most important elements in real estate are “location, location and location.” That’s certainly true in a lot of respects, but even a commercial property in the best location may have trouble drawing customers or tenants if its appearance is neglected. Keeping a commercial property looking good is extremely important for its success. People will judge a book by its cover — whether it’s fair or not. That means, commercial property owners have to be diligent about keeping their properties looking their best — even though there are numerous factors working against them. Any of these issues can harm the way a property looks to the outside, which can make it difficult for property owners to attract new tenants and for businesses to attract customers.
Commercial properties face a lot of threats that can have a serious effect on their appearance. Severe weather can cause damage to the exterior of a commercial property in the form of broken windows, loose shingles and water damage. Trash can blow onto the property from elsewhere and create a shabby, unkempt look. Animals can make their nests on the property and create an unsanitary situation. Commercial property owners must keep their guard up against these threats to their livelihood.
The accompanying checklist details some of the biggest factors that may be costing your commercial property money. Take a close look and find out how you can keep the exterior of your property inviting and making as much money for you as possible.