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Tips for Leasing Commercial Real Estate

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Our economy has changed dramatically over the last twenty years. Previously, finding a commercial space for your business was often one of the very first steps you took to get your venture off the ground, because it was almost always necessary in order to provide customers with your products or services. However, the internet has changed how we do business, so now practically anyone can start their business from their bedroom as long as they have a laptop and an internet connection. Whether you run a start-up or took a more traditional route to starting your business, leasing a commercial space is a huge step toward growing your business. Because of this, the experts at NAI Isaac are here to provide you with tips for leasing commercial real estate near Lexington, KY.

Tip #1- Work with a lawyer Leases are legally binding documents, which means that they can be difficult to understand if you don’t have a legal background. If you are a business owner, you likely are too busy to pursue a…

What to Look for in Commercial Real Estate

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If you’re lucky enough to own a home, then you probably already know that buying property can be tricky. At its best, buying property can be confusing, and at its worst, it can be downright frustrating. Now imagine that process, but compounded to take into account not just your wants and needs, but the success of your livelihood as well. That’s what buying commercial property can be like. Here at NAI Isaac, we understand that the process of buying commercial property can be intimidating, which is why we were here to help. Keep reading to learn what to look for in commercial real estate near Lexington, KY.
Type of Property If you’re an outdoorsman, you probably wouldn’t choose to live in the middle of a dense city, just as you probably wouldn’t choose a home in a remote area dozens of miles from any neighbors if you’re a social butterfly. These same kinds of questions apply when search for commercial real estate as well. Consider the type of business you own and what its needs are whe…

NAI Isaac Releases Midyear 2019 Market Report for Lexington, KY

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Tips for Selling Commercial Real Estate

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No matter how much planning and foresight you put into purchasing your first commercial property, it isn’t likely that your business will stay there forever. Just as most people don’t find the perfect home on the first try, your property may be right for your business right now, but needs change over time, especially as businesses grow. If you find that your current space is no longer suitable to what your business needs, then it might be time to sell and find a new place where your business can flourish. If the process seems daunting, the team at NAI Isaac is here to provide you with tips for selling commercial real estate in the Lexington, KY area.
Tip #1- Invest to Sell Just as your home has likely seen better days than when you first bought it, your business’s commercial space likely looks less pristine than it did the day you moved your operations in. To make your commercial space extra appealing to new buyers, you may need to actually invest more money into the space to show of…

Tips for Buying Commercial Real Estate

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If you are at the place where you are considering whether it is time for you to purchase commercial real estate for your business venture, we would first like to congratulate you. Commercial real estate acquisition is a huge step in cementing the validity and longevity of a business, so if you are at this stage in your career, then it is likely that things are going well and you have already put in a significant amount of effort. However, another adventure is about to begin if you are in the process of putting down permanent, physical roots for your business. To help you navigate this tricky process, the experts at NAI Isaac are here to provide you with a few tips for buying commercial real estate near Lexington, KY.
There Are No Dumb Questions This tip works just as well for your interactions with real estate professionals and business partners as it does with yourself. Just as with buying a home, you’re not just looking for the “right fit” for your business. You are looking for a p…

Commercial Real Estate Market Trends for 2019

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If you are in the market for commercial real estate, then you know that keeping up with the market is a complicated, but ultimately necessary, undertaking to ensure that you are receiving returns on your investments. While the real estate market across all sectors can be tricky and fickle, the experts at NAI Isaac keep close tabs on rising and falling trends to make sure that our clients are fully prepared to buy or lease their own commercial real estate. Keep reading to learn about commercial real estate trends to watch in 2019 near Lexington, KY.
Trend #1- What comes up must come down After years of continuous, rapid growth, our economy is reaching its largest period of stalling, and possible downturn, since the 2008 financial crisis. This does not mean that you should forego investing in commercial real estate, however. What it does mean is being aware of the limits that currently exist when it comes to pricing, particularly for the rent that may be imposed on potential business t…

NAI Isaac Brings Riptides to Corbin, Kentucky

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Riptides announces the grand opening of its new location at 13475 N. US Hwy 25 E. in Corbin, Kentucky on June 1, 2019.  Riptides is a regional swimming pool and spa builder.  They offer above ground and custom in ground pool design and construction, portable spas and hot tubs, saunas and more.  For more information, visit their website.  This will be their first location in Corbin.   Bruce R. Isaac, SIOR, CCIM, Senior Vice President and Jim Holbrook, Senior Associate with NAI Isaac, represented the landlord during the lease transaction.