According to the Henderson Economic Development, Henderson, Nevada, is home to 8,357 businesses with 98,174 employees.
If your business is among the latest additions to the vibrant city's booming economic portfolio, congratulations! The next step is to find a commercial property for lease. You may need one to serve as your company's physical location or headquarters.
If you're unsure how to begin your search, don't worry-PMI Henderson has your back. Read on for tips on finding and choosing among the city's business properties for lease.
Establish the Type of Property You Need
There are several types of commercial properties:
- Office spaces
- Industrial spaces
- Retail spaces
The type of property you need will depend primarily on your core business activities.
Office Spaces
If your activities involve mostly desk-based work, search for office spaces for rent. Such properties often have layouts designed for collaboration and productivity. For example, they have open areas for desks and enclosures like meeting rooms.
Industrial Spaces
Industrial spaces for lease are ideal for businesses involved in:
- Logistics
- Manufacturing
- Production
They feature large, open areas designed to accommodate machinery and inventory.
Retail Spaces
If your business is about selling goods or services directly to consumers, consider commercial units available for retail property leasing. Retail properties are buildings or spaces located in areas with high foot traffic.
Remember the Adage Location, Location, Location
The adage "location, location, location" rings just as true in commercial properties as in residential real estate. Indeed, the success of your business may even hinge on where exactly it is, as location can affect many aspects of your operations, from employee satisfaction to customer traffic.
Ideally, you should look for commercial real estate listings in areas accessible to employees and customers. The property doesn't have to be in the heart of a commercial district but should be nearby and close to residential areas.
Also, consider the location's safety and crime rate. Even if the rent is cheap, if the area has a high property crime rate, it's not worth it, as it may put your business, property, employees, and customers at risk.
Consider the Length of the Lease
Another crucial consideration when searching for commercial properties for lease is their length. As Investopedia points out, commercial leases can last one to ten years, sometimes longer.
You must carefully consider this because signing the lease agreement binds you to its terms. You can't leave the property while the contract is valid and in place. Otherwise, prepare to pay hefty fines and face legal repercussions if you break the commercial lease agreement.
Need More Help Finding Commercial Property for Lease?
Establishing the type of property that best suits your business operations, factoring in location, and considering the lease's terms are all crucial steps to finding the right commercial property for lease. But with so many options in Henderson, NV, choosing the best one for your enterprise may be challenging.
Fortunately, PMI Henderson can help. We're a full-service real estate asset management company powered and supported by PMI, the nation's largest property management franchisor, which manages over $5 billion in real estate assets. With our state-of-the-art technology and expertise in brokerage services, we can help you find the most suitable commercial properties for your business.
Reach out today for a property consultation!
