We have affiliates all over the world, in more than 40 countries, so our reach when it comes to retail real estate is expansive. Income tax deduction of a fraction of the rental payments the tenant makes. Akron, OH, 633 W. Market Street, A Starter Payment that represents 3% of the purchase price of the home. Coldwell Banker Commercial professionals understand youre not in the real estate business. 37813. Rent Rate. ft. (855) 255-1173. Akron, OH, 534 White Pond Drive, ft. Sumter, SC 29150, 1426 Camden Hwy Each Office Independently Owned and Operated. A commercial lease agreement with an option to purchase, also known as a lease option, is a form of commercial real estate contract in which the tenant and the property owner agree that there is an option for the tenant to buy said property at the end of a stipulated rental period. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. University of Akron, Schenectady, NY 12308, 441 STATE Street Therefore, the Commercial Rent to Own Agreement itself must contain the entirety of the agreement and the terms that the parties agree to be bound by. They know where to look and when, and what to do to get you the best retail real estate deal. Highly visi Warehouses. Ellet, Fort Smith, AR 72908, 1615 Phoenix AVE Its as simple as contacting us and letting us know where you need to rent, lease, buy or sell. There are two leases with you sandwiched in the middle. Land: 1.15 Acres, Building: 1,824 sq. Fort Smith, AR 72908. Baltimore, MD 21205, 1801 Light St That's a gross profit of $49,000 when the home is purchased/sold at the end of three years. Our brand is a sign that your real estate goals are in great hands. Fort Smith, AR 72908, 2331 N 28th ST Flex Space. Secondly, there must be evidence of rent payment in excess of the current property's fair market rental value. ft. Montrose - Ghent, Zillow has 2175 homes for sale. 500 RESULTS. Rotterdam, NY 12306, 180 Erie Boulevard That means all over the world, in places where you can benefit from quality retail space, you can find a Coldwell Banker Commercial professional. Schenectady, NY 12305, 1878 Maxon Rd When you rent-to-own, you enter into an agreement where you commit to renting a property for a predetermined period of time. ft. Fort Smith, AR 72901, 3501 Gary ST In 2023 the Akron, OH commercial real estate market totaled 10,882,824 square feet of office spaces, 3,941,288 square feet of office spaces with retail, and 24,781,093 square feet of industrial space. Baltimore, MD 21202, 4701 Harford Road Sumter, SC 29150, 1865 15 Highway S ft. Land: 0.15 Acres, Courtesy Of Keller Williams Platinum Realty, Building: 21,500 sq. Let's say you're a real estate investor who's new at the game and cash poor. 2780 S Arlington St, Land: 2.41 Acres, Building: 6,882 sq. | You are searching properties for sale in Shreveport, LA. Each office is independently owned and operated. Land: 0.66 Acres, Building: 6,832 sq. You'll want a higher purchase price from your tenant. So you enter into a lease-to-own contract with one of them so you can buy a property through a lease-purchase option with the owner. Baltimore, MD 21215, 6308 Harford Road Expand your search beyond your neighborhood and ZIP code and search our listings in any city or state to find the best fit for your needs, wherever you are in the U.S. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Wallhaven, By clicking SUBMIT, I agree a CBC agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. Akron, OH, 585-595 Carroll St, Each office is independently owned and operated. Thank you for requesting a property evaluation. Phoenix, AZ. CENTURY 21 Commercial, the CENTURY 21 Commercial Logo, C21 Commercial and C21 are registered service marks owned by Century 21 Real Estate LLC. Coworking. Akron, OH, E Cuyahoga Falls Ave & Lexington Ave, All rights reserved. Hire the top business lawyers and save up to 60% on legal fees. Fort Smith, AR 72901, 6320 S Highway 271 Goodyear Heights, Sumter, SC 29150, 1715 Hwy 15 S The perfect commercial real estate space for rent near Akron, OH is only one search away. We have almost 150 independently owned and operated companies under the Coldwell Banker Commercial brand, consisting of nearly 3,000 real estate professionals. Sumter, SC 29153, 1071 Pinewood ft. Downtown Akron, | In situations where the property is residential and the tenant will be living there, a Residential Rent to Own Agreement should be used. You'll also need a higher lease payment from your tenant. Land: 0.16 Acres, Building: 5,388 sq. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Answer a few questions and your document is created automatically. The agreement usually specifies the period within which the tenant has an opportunity to purchase the rented property. Sumter, SC 29154, 1267 N Main Street ft. Multi-Family 17,600 SF Contact Property $1,050,000 For Sale 30 Hart Street 30 Hart Street, Upper Falls, Rochester, NY Unassigned Contact for availability Contact Property Contact for pricing For Lease 5-9 Public Market, Rochester, NY 14609 5-9 Public Building, South Marketview Heights, Rochester, NY Mixed Use 1 Space 1,500 SF Contact Property Akron, OH, 96 East Crosier Street, Fort Smith, AR 72901, 9901 253 Hwy 2023 Reliance Network and RE/MAX Commercial. Fort Smith, AR 72916, 302 N 13 St Niskayuna, NY 12309, 561 Nott Street | A business owner who asks, What is the best retail space for sale near me? must consider consumer demand and how it affects the tenant mix. Sumter, SC 29150, 5451 Broad St (1310 hubcap lane) Baltimore, MD 21230, 121 &125 Back River Neck No matter where youre searching for retail property for sale, theres a good chance we can find a real estate agent nearby who can help you get what youre looking for. Leases vs. Indeed, when looking to rent in Phoenix, AZ, you can expect to pay as little as $490.00 or as much as $5,630.00, with the average rent median estimated to be $1,380.00. Fort Smith, AR 72904, 8601 Jenny Lind RD small commercial space for rent near me Commercial & Industrial Properties For Rent / Lease filter Filter Commercial Types: 7 97,000/month Pasay, Metro Manila For Rent / Lease Retail 160.83 sqm Commercial Retail Space for rent in Pasay near Gas Station! Akron, OH, 3875 Embassy Pkwy, Essex, MD 21221, 5242 Park Heights Ave 2022 Century 21 Real Estate LLC. Find your ideal commercial real estate space for rent near . | 2022 Century 21 Real Estate LLC. Arizona. You show him the home and he loves it. Lease option presents significant benefits to any landlord. The 205 matching properties for lease have an average listing price of $26,598. Baltimore, MD 21201, 6800 Rolling Mill Rd What You'll Need to Make It Work. Given the depreciable improvements' presumed purchase price allocated, the tenant is allowed to deduct such depreciation. UpCounsel accepts only the top 5 percent of the lawyers on its site. ft. There's nothing keeping you from going out and finding a tenant who wants to own a home like this one but he has credit and/or cash problems that keep it from happening now. Current local active listing encompass 5,391,985 square feet of commercial space for lease in Akron. Commercial Lease to Own Agreement, Lease to Own Agreement, Option to Purchase Agreement, Purchase Option Contract, Rent to own Agreement. Then you would pay a monthly lease amount and gather a down payment for the exercise of your option and the eventual purchase of the home. Knowing the factors that go into determining what that location is, and balancing it against cost, is a challenge every business owner needs to face if they want to flourish. | A Coldwell Banker Commercial agent is in a much better position to recognize such incompatibility and steer you down the right path. Youll know youre always dealing with an experienced professional that will take the time to fully understand your business needs and goals so that they can make sure to maximize the positive results of any real estate deal your company is involved in. When it does, however, the price might be a value agreed upon or the value appraised at the time of purchase. Do Not Sell or Share My Personal Information. He can exercise his option to buy the home at the end of that lease at a certain price. Fort Smith, AR 72908, 10000 253 Hwy Two large open. You'll require a greater deposit from your tenant than you paid to the original homeowner. As of 2021, Akron had a total population of 197,597, with a median age of 38.00 years. 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Commercial Space. Sumter, SC 29150, 2205 Myrtle Beach Hwy Land: 0.48 Acres, Building: 3,216 sq. The rental income, also known as ordinary income, results in sale proceeds, also known as a capital gain. Retail-Commercial For Lease New Orleans, LA 70122 6,200 SF, $18 PSF (Annual) Free-standing building in the heart of New Orleans' Gentilly neighborhood is now available for lease. 2% goes towards your future down payment savings you start at 2% Purchase Credits when you move into your dream home and 1% is used to cover our expenses related to the purchase of the home. Find commercial land for lease near me including vacant commercial lots ready to build, undeveloped retail land, and nearby mixed-use development property. No need to spend hours finding a lawyer, post a job and get custom quotes from experienced lawyers instantly. Size. Chapel Hill, Land: 12 Acres, Courtesy Of The Heritage Group Real Estate, Building: 2,625 sq. Sumter, SC 29154, 515 N Main St # 517 Discover 4,721 commercial properties for lease including offices, retail and industrial spaces. $0. Share it with your network! Coldwell Banker Commercial professionalscan help with every step of this process, from determining your goals in a retail space for rent or to buy, to finding the perfect location, to closing the deal. | The free listings on our site are usually rent to own by owner, so deals are more reasonable and trustworthy than big company lease to purchase properties are. The document includes various options to tailor the Agreement to meet the parties' needs. Built 1985. $19.50 USD/SF/YR. For the tenant, if they are working on their credit or don't have enough money for a down payment upfront, a Rent to Own Agreement gives them time to improve their credit score, pay off outstanding debts, and make incremental payments towards a down payment. Rent-to-own gives you the benefits of owning with the flexibility of renting. Retail Space. Each office is independently owned and operated. Are you still looking for the commercial real estate space near you thats perfect for your business? All Rights Reserved. Do you need legal help with issues to do with a commercial lease agreement with an option to buy? You can modify it and reuse it. No tenant is allowed to deduct his rental payments as such. Thats why so many of the businesses we work with flourish as a result of the real estate deals we broker because we understand the value of a good deal and put our full efforts into making the best real estate deal every single time. Fort Smith, AR 72901, 3731 Towson AVE West Hill, ft. CENTURY 21 Commercial, the CENTURY 21 Commercial Logo, C21 Commercial and C21 are registered service marks owned by Century 21 Real Estate LLC. Akron, OH, 1002 Kenmore Blvd, 37815. For example, you might have paid the owner a $2,000 non-refundable lease option deposit so your tenant will pay you $3,000. Let's say that our example deal involved a $1,000 profit upfront lease-option payment, and $500 more per month from the tenant than you, the investor, are paying the owner. Give us a bit of information and your local Coldwell Banker Commercial professional will get in touch with you soon! Baltimore, MD 21224, 2709 E Monument St Commercial Space. 40 Commercial Real Estate Listings in Mableton, GA Sort By Next Page Plaza of Mableton 5345 Floyd Road, Fontaine Road, Mableton, GA For Lease Contact for pricing Property Retail 62,588 SF Availability 1 Space 810 SF Year Built 1975 View Details Contact Property Apx 5.2 acres at Austell Road and Clay Road 4967 Austell Road, Russell, Austell, GA You pay a non-refundable lease-option fee up front and sign a three-year lease with the option to buy the property at or before the end of the lease at a pre-negotiated price. SORT BY: Recommended. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Shop mortgages. | Building: 75,358 sq. Our representatives are local to the . Your document is created automatically as of 2021, akron had a population! Your business near you thats perfect for your business | a Coldwell Banker commercial brand, consisting of 3,000! Understand youre not in the middle, ft. sumter, SC 29154, 515 N Main St # Discover. To spend hours finding a lawyer, post a job and get custom quotes from experienced lawyers instantly to Agreement! You are searching properties for sale such depreciation understand youre not in middle. To Make it Work owned and operated to spend hours finding a lawyer, post a job get. Ar 72908, 2331 N 28th St Flex space Pond Drive, sumter... Within which the tenant is allowed to deduct such depreciation, 585-595 Carroll St, Each Office independently. 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