Let Us Help You Lease Retail Space in Southwest Ohio’s Best Locations
If you’re looking to buy a commercial building in the Cincinnati-Dayton area, the upfront costs and ins-and-outs of buying property can be time-consuming and eat away at capital and budget, especially if you’re just starting out. Leasing a retail business or an empty retail site can be an alternative to buying an existing merchandizing business or starting one in a newly-built or purchased location, and it can give you much more flexibility in the long-run.
As with any business decision, it’s always best to weigh your options, but “trying out” a going retail company under a leasing agreement can help you figure out whether it’s a good idea for you to invest more money into it, or if the location is working out for you and your company’s needs. Not all commercial realty in Cincinnati is built equally, so it can be wise to test the waters and see what sort of spaces work for your company without being locked into owning.
When it comes to commercial properties, there are several benefits to leasing that make it a better option than buying, especially for rapidly-growing companies. Leasing a retail space gives you access to better locations in spaces that have already been acquired—for example, most commercial buildings in downtown areas like Over-the-Rhine or Pendleton have already been purchased by property owners, but these are desirable, bustling areas to be in with high traffic. While owning them might not be an option, leasing gives you the opportunity to get your business in on the action where people spend their time.
Leases also require significantly less capital than outright purchasing a retail property. This, of course, is helpful for initial budgets and allows you to spend more money on acquiring products, putting more effort into designing the space you’re leasing, and advertising your brand. This benefit is especially helpful for smaller businesses who are looking to grow or start out in Cincinnati. Leasing more or less takes away a good amount of those upfront costs and gives you a larger safety net when just starting out and allows you to invest more of that money directly into your business.
Becoming a retail tenant also happens on a much shorter timeline than going through the purchasing process—most of the time, you’re approved, sign a lease, and you’re move-in ready. On the other hand, buying in the commercial and industrial property market, is complicated and sometimes too long for a business that wants to move quickly on their expansion. For businesses looking to expand in southwest Ohio, buying and obtaining all the paperwork and ownership to a property could take up to 3 months potentially, setting your timeline back an entire quarter. Leasing means less time, less capital, and less risk; sometimes leasing really is better than buying.
Whether you’re in the market for a restaurant, store, hotel, shopping plaza, or some other type of retail business facility, the Schueler Group may have a line on just the kind of sales space you’re seeking to lease. Among the millions of square feet of commercial properties we own or list along the Dayton-Cincinnati corridor and surrounding area, numerous retail business facilities are available to rent to help you get your business on the ground or growing at the quickest timeline possible.
We’ll Help You Finance, Negotiate Lease Terms, Manage the Property and More…
Of the many services we offer, we’re also proud to extend market analysis services, which will help you perform your due diligence on the prospects for a particular type of retail business to thrive in the location you’re considering leasing. One thing that sets us apart is how well we’re in tune with the local areas and governments our properties reside in. When looking at a potential commercial space, it’s no secret that location is a big factor in how well a business can do in the long-run. And of course, the terms of a given lease can play a significant role in the profitability of a retail operation.
The skilled team of agents, brokers and property managers at the Schueler Group can help you negotiate those leasing terms for your new retail location. We want you to have a successful business experience—both with us and with your own company—and we always make sure you understand what your lease entails in terms of cost responsibilities of both landlord and tenant.
View some of our retail property listings here and give us a call. We have the best access to the greatest retail spaces for sale and lease in the Cincinnati-Dayton region and are committed to finding each client exactly what they need.