10/27/2021
Did you know that the apartments you live in, the stores you shop in, and the offices and warehouses you work out of are all types of Commercial Real Estate. That means like residential real estate, you too can invest in these types of real estate assets
If you own a business(s) you may require a retail property to run your store or an office space to run your day to day operations. You may need an industrial space for your manufacturing/ distribution/or logistics needs
Here are some different types of Commercial Real Estate Assets and examples of each:
* Retail: are usually shopping strips/centers, restaurants, convenient stores, etc.
* Office: can be used for single-tenanted or multi-tenanted; and is divided by Class A, B, & C
* Multi family: any residential property with 4 or more units: they can be apartments, condos, townhomes, duplexes, triplexes, etc. They are also classified int classes A, B, & C
* Industrial: manufacturing, warehouse, assembly/storage, and flex spaces (a mix of office &industrial)
* Hospitality: such as Hotels(full service, resorts, casinos, boutique, etc.)
* Land: agriculture(for farming), vacant land used for commercial building, and infills
* Special Purpose: entertainment (movies, bowling alleys, etc); churches/mosque/synagogues; self-storages, etc.
* Mixed Use: typically retail and restaurant spaces with office or residential sitting atop
If you have any questions or want to learn more about investing in your first commercial real estate asset. Contact me and let me be of service to you!
Braden, Braden, & Braden CRE Brokerage Firm
Alexis Morris, Jr Partner
TN Licensee
Mobile: 901-937-9130
Office: 901-881-2070
Email: [email protected]
