- December 7, 2016
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Finding Retail Real Estate in Baton Rouge
Trends in retail real estate in Baton Rouge are continually evolving and growing. Although, they have remained fairly steady overall in the past year. In April, Baton Rouge Business Report featured Managing Director of SVN | GLL Ben Graham, CCIM. Ben discussed the Baton Rouge retail market’s future and current trends. These trends attract several investors, so where should you begin? This post will help you to get started.Ready to find retail real estate in Baton Rouge? #CRE Click To Tweet
Understand Your Needs
To begin searching for retail real estate in Baton Rouge, you must understand all of your needs. Are you a new small business looking to set up shop? Are you searching for space to fit your large boutique? Whatever your business, you need to find a space that works for you. Make a list of amenities, parking accommodations, location, space size, budget and other necessities to fit your business goals. Once you have a clear understanding of the type of retail space you need, you can move on to the next steps.
Know All Expenses
From maintenance, landscaping, utilities and other extra expenses, you’ll be paying for more than just the space itself. Before you dive into purchasing or leasing retail real estate in Baton Rouge, you need to be aware of total expenses. Of course, there is no way to predict unforeseen emergencies. Having a clear understanding of monthly expenses is vital to selecting a space within your budget. Consulting with an experienced retail and commercial real estate broker is the best way to understand all aspects of purchasing or leasing retail space.
Hire a Broker
As we just mentioned, hiring an experienced commercial real estate broker is the smartest move you can make when buying or leasing retail real estate in Baton Rouge. Our team of successful brokers will help you throughout the entire process and can answer any questions you may have. Give us a call today to discuss your Baton Rouge retail needs!
About Us – The team at SVN | Graham, Langlois & Legendre has over 99-years of combined experience helping clients across the Baton Rouge market get the most value out of their CRE investment. Contact one of our dedicated CRE professionals today with any questions you may have and start seeing the returns in a market that will make sure to give today, tomorrow and for the extended future. To reach us, you can call us at 225.367.1515 or you can send us a message on our website. You can also follow us on Twitter at @svngll or on Facebook.