As the holiday shopping season approaches, Branson retailers have already begun welcoming customers from near and far to find the perfect gift for that special someone. From stylish clothing and accessories to one-of-a-kind arts and crafts, there’s something for everyone in one of Missouri’s most popular shopping destinations. A number of local and national trends … Read more
Taxes. They are a fact of life. No matter how you feel about them, everyone pays their due. You must pay property taxes if you own commercial real estate. Commercial property taxes take a chunk out of your budget. State and local governments levy property taxes, as do entities like counties and school districts. You … Read more
A severe storm damages your property. Someone vandalizes your business, breaking your storefront window. Your restaurant’s kitchen catches fire. Natural disasters, vandalism and accidents can harm your commercial property. You can’t predict the future, but you can protect your assets. Commercial property insurance covers damages when the worst occurs. You can replace or repair your … Read more
Rent. It’s the first thing business owners think about when searching for a new spot. A newer building in the center of town may be what you want, but if you can’t afford the rent, you’re setting your business up for failure. What percentage of business income should be set aside for rent? How much … Read more
Commercial real estate investors use many metrics to measure the risk and benefits of buying a property. One of those measurements is the capitalization rate. In commercial real estate investing, the capitalization rate is a percentage that indicates the rate of return on a property. Capitalization rates, also known as cap rates, vary depending on … Read more
Is owning a commercial property better than leasing it? Should you be solely responsible for your space, or are there perks to being a tenant? Depending on your business type and goals, both options have benefits and drawbacks. Whether you purchase or lease commercial real estate hinges on your current financials, how long your business … Read more
Multi-tenant buildings often have shared spaces that benefit all tenants on the property. Did you know tenants have to pay for the upkeep of those spaces? When tenants move into office and retail properties, they often have to pay common area maintenance charges, more commonly referred to as CAM fees. These charges are passed from … Read more
Most landlords prefer signing long-term leases because it’s challenging to find tenants. Landlords would like to keep a good tenant for as long as possible. As a business owner, you may not be ready to sign a 10-year lease. How long of a lease should you sign? Should you ask for a shorter agreement or … Read more
Branson, Missouri has earned several monikers since it’s establishment in 1912. It’s been called “The New Nashville” because of its bluegrass and country music roots. While Branson is indeed the “live music capital of the entire universe,” it’s got more than a selection of live shows to draw tourists. Branson is bustling with retailers, restaurants, … Read more
Shopping centers rely on a unique mix of tenants to draw customers. Who doesn’t enjoy grabbing a bite to eat after purchasing a pair of tennis shoes? Malls and other multi-tenant spaces allow visitors to dine, browse and receive services in one location. With multiple restaurants and retailers, these spaces expect to see more foot … Read more
