Wednesday, 7 December 2011

What is commercial Real Estate?

Commercial Real Estate is used to generate income. Basically it is used for business purpose. Due to high rates of these commercial properties, most of the business entities occupy the space on lease/rent. Investment in commercial property is a good option to produce lot of money for long term.

Commercial real estate property can be divided into categories such as:

RETAIL (These types of properties are used for selling of consumer products purposes)
Retail Space | Hotels | Restaurants | Malls | Shopping Centers | Public Houses | Shopping Complexes | Medical Centers | Convenience store | Shopping Store | Outlets | Bazaar Shops | Shops | Showrooms, etc.

OFFICE (These types of properties are used for setup offices)
Office Space | Office Buildings | Office Complexes | Office Parks, etc.

INDUSTRIAL (These types of properties are used for manufacturing, distribution and storage purposes)
Warehouses | Garages | Distribution Centers | Gas Station | Industrial Buildings | Godown | Industrial Plots | Industrial Constructed Sheds | Factory, etc.

INSTITUTIONAL (These types of properties are used for educational purposes)
Institute Spaces | Training Centers | Coaching Centers | Schools | Colleges, etc.

HEALTH (These types of properties are used for healthcare purposes)
Hospitals | Clinics | Labs | Nursing Homes | Fitness Centers | Ayurveda Centers | Spas, etc.

Usually an investor owns the commercial property and gives it on rent to business entities. Investment in commercial real estate is not a cakewalk. It requires more analysis, research and planning before buying commercial real estate.

Blog post related to Commercial Real Estate: