Commercial Property Buying or Leasing

Are you confused whether to own the commercial property or to have the commercial property on lease?

In fact deciding on this is much more complex and difficult than buying a house. People tend to hire consultant to help them decide on buying or to lease the property.

Here mentioned are some pros and cons of buying the commercial property or leasing the commercial property.



Buying or leasing the commercial property

• Investment- buying the property is one time investment which can be paid off with time. If you plan to buy a property now, over a period of time the value of it will appreciate. It is the best investment one can do and keep paying for the property as per the interest of the down payment.

On the other hand leasing a property would save you from investing the capital and you can put in use to grow your business. In the later stage when you are all set up you can then buy the property.

• Ownership- you are your own landlord after buying the property. There is no interruption and you can have control of the whole property. Whether you want to break the walls to make two rooms into one or want to change the colour of the walls, all decisions are your own.

But on leasing the property you cannot do any changes to the property without the consent of the landlord even if it’s a necessary change needed for your business.

Fast track commercial and development is a commercial builder specialized in building any commercial building like the strip malls, gas station, daycare, office building, retail stores or tenancy improvements. Fast track Commercial Construction Calgary Alberta and Commercial Construction Edmonton is ready to serve the best for you anytime.


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