Commercial Real Estate | Tomarchio Enterprise

What Makes a Strong Anchor Store?

Every good shopping mall or strip mall has a great anchor store. The ones that don't have one tend to not last for too long, and that's why it is crucial to have one. An anchor store is a major store, usually a large retail chain or grocery store, that serves its mall by driving customers to the smaller stores. When looking to lease a commercial real estate space, the first thing you should look to is the anchor store, but what makes a good anchor store? What Kind of Traffic Does the Store Bring [...]

By Tomarchio Enterprise| 2019-08-05T14:17:12+00:00 August 5th, 2019|Commercial Real Estate|Comments Off

3 Reasons to Lease a Retail Space

When it comes to finding a retail space for your business, you have the option to either buy or lease real estate. Many business owners love the idea of owning their business location outright, but there are more benefits to leasing than you may realize. Here are a few of the best reasons to lease a retail space for your business. Reason #1: It's Less Expensive Buying a retail space requires much more from you than leasing. Most business owners must take out a loan and finance their purchased property, and typical SBA loans require [...]

By Tomarchio Enterprise| 2019-07-05T15:17:47+00:00 July 5th, 2019|Commercial Real Estate|Comments Off

Common Questions About Commercial Real Estate

Whether you're in the process of purchasing a commercial property or are considering acquiring a physical location for your business, there are a few things you should be aware of. Here's how to ensure you're best prepared for the business adventure that awaits. Q: How much space do I need for my business’s commercial property? A: The general rule for commercial real estate space is leasing about 250 square feet per employee. However, the type of business you conduct and the services you offer greatly contribute to this number. If your business requires a waiting [...]

By Tomarchio Enterprise| 2019-06-05T16:20:40+00:00 June 5th, 2019|Commercial Real Estate, Q&A|Comments Off

What is a Turnkey Commercial Property?

Commercial properties are bought and sold in various conditions. Rehab properties are those that require renovations and things like additional electrical wiring, paint, carpets, and fixtures after they are purchased. These properties are convenient for those who want to customize the space to fit their needs. However, there are other commercial properties that are already in liveable condition and move-in ready for lessees who require immediate tenancy and don’t have the time to worry about repairs and superficial decor. These properties are classified as “turnkey”, meaning buyers can simply ‘turn the key’ and open the [...]

By aim-sarah| 2019-05-03T17:19:47+00:00 May 3rd, 2019|Commercial Real Estate|Comments Off

Is Your Retail Space Serving Your Business Needs?

As a retail business owner, you probably already know that your business’ success relies heavily on the retail space itself. Geographical location and building features play a big role in drawing customers to your shop, so it’s important to assess both current and potential retail spaces to ensure your primary location suits your business needs best. Here are a few things retail stores need in order to thrive and grow. A Great Location If your retail business has a lot to offer your community but the community your shop is located in is small or [...]

By aim-sarah| 2019-03-05T18:02:13+00:00 March 5th, 2019|Commercial Real Estate|Comments Off

4 Reasons to Love Finksburg, MD

When searching for a place to open your commercial business, you surely have much to consider. How do you choose the perfect location? Finksburg, Maryland is a fantastic choice for business owners to set up shop and provide their services to a welcoming community. Here are a few reasons why Finksburg is so great for local business! Reason #1 - It’s Has an Ideal Geographical Location in Maryland Finksburg doesn’t cover a huge geographical area and is not a bustling city, which means it is not overcrowded with traffic and people. However, it is situated [...]

By aim-sarah| 2019-02-05T18:20:05+00:00 February 5th, 2019|Commercial Real Estate|Comments Off

Finding the Right Space to Fit Your Goals

When starting a new business, an important part of the process is finding a physical space that best suits you and your company’s needs. Whether you are a brand new startup or an existing enterprise that is looking to transition or expand, check out these helpful tips on finding the perfect commercial space for your business! Tip #1 - Know What You Want Before You Look Before you start looking at commercial real estate, take the time to come up with a list of everything you and your business will need. Then, have an additional [...]

By aim-sarah| 2019-01-03T21:11:03+00:00 January 3rd, 2019|Commercial Real Estate|Comments Off

6 Questions to Ask About Your Commercial Lease

If you’re starting a new business, one of the most important jobs you have is to pick a commercial space that will suit your company best. Commercial leasing can be quite complicated, but here are some helpful questions you can ask yourself to ensure everything is in order when it comes time to finalize your lease. Do I fully understand my lease? The lease for your new commercial space might be long and intimidating, but you need to make time to read it thoroughly. Make sure you understand what all of the key terms mentioned [...]

By aim-sarah| 2018-12-04T17:34:45+00:00 December 4th, 2018|Commercial Real Estate|Comments Off

Reasons to Lease in Frederick, Maryland

Renting a place to house your business is a big decision. You need to know that the area you are setting up shop will support you not just in the short-term, but for a long time. Frederick, Maryland is a great place to engage in business, and today we're going to walk through a few of reasons why. The Chamber of Commerce in Frederick is a Great Resource If you're a small business in Frederick, you can apply to become part of the Frederick Chamber of Commerce. Walkersville, Maryland, where we currently have spaces available [...]

By aim-sarah| 2018-10-03T17:01:11+00:00 October 3rd, 2018|Commercial Real Estate|Comments Off

The Advantages of Leasing in Seaford, DE

Seaford Village is an up and coming shopping center in Delaware offering lucrative opportunities for businesses looking to lease there. Whether you're a large company or you're just getting started, setting yourself up in Seaford Village may be the move you've been waiting for. Strong Anchor Businesses Have Your Back Part of what makes for a great shopping center is a strong anchor business. An anchor business is a store which attracts a large group of shoppers. These “anchors” tend to be of a broad appeal so they don't monopolize one shopping category or another. [...]

By Tomarchio Enterprises| 2018-09-04T13:26:12+00:00 September 4th, 2018|Commercial Real Estate, General|Comments Off