Are you looking to increase occupancy in your commercial building? To attract and retain tenants, it’s important to make some improvements to the property.
Make maintenance a priority
Maintenance needs should be handled with immediacy. If issues aren’t addressed promptly, you run the risk of unhappy tenants. Additionally, maintenance issues that go unfixed can turn into larger problems later on.
When it comes to maintenance, you should also consider preventative measures. For example, you might want to have a contractor out to your property to inspect for structural issues or water damage. The sooner you correct these problems, the better.
Consider your building’s exterior
While evaluating any potential upgrades needed for your property, be sure to take a look at your parking lot. Does it need to be resurfaced? Do the lines need to be repainted? What about potholes or cracks? Do those need filling?
What about the building itself? Does the exterior need painting? How does the landscaping look? Is the lawn regularly mowed? Simple things like these matter. Plus, they can increase your building’s curb appeal, and in turn, attract more tenants.
Take time to consider any updates you could make to improve the overall look of your property. For example, if all of your dumpsters are out front, consider moving them to an alley or the back where they’re out of sight.
Take a look at the interior
Of course, your commercial building’s exterior isn’t the only thing to consider when evaluating the rentability of your property. You’ll also want to consider the general layout of your building and interior upgrades. For example, is there a wall that should be removed to make the layout more appealing? Should you have a bathroom installed in a more convenient location? While considering your building’s interior, don’t forget that a fresh coat of paint can also go a long way. And, be sure to remove any clutter left behind by previous tenants.
Make security and eco-friendly upgrades
Aside from aesthetic changes, you can also increase the security of your building by adding cameras, lights in the parking lot, gates and key card access to help potential tenants feel safe while on site. You can also make energy-efficient upgrades to reduce utility costs and your carbon footprint. To do this, you may want to consider upgrading the lightbulbs, replacing the windows, improving the insulation, adding solar panels or installing recycling receptacles.
There are plenty of ways you can improve your commercial property to make it more appealing. By investing in upgrades, you can attract tenants and ensure they stay around longer. What steps will you take?
If you’re looking for help managing your commercial property, please reach out to us. We’re here to make your job easier. Visit our website today: .
