Free-Standing Tenant
A free-standing tenant is a type of commercial property that refers to a single tenant building that is not attached to any other structures. Typically, these buildings are designed and constructed to accommodate the specific needs of the tenant, such as a retail store, a bank, or a restaurant. Because these buildings are dedicated to a single tenant, they are often easier to finance and manage than multi-tenant properties.
If you’re considering investing in a free-standing tenant property, there are several things you should keep in mind. Here are a few key points to consider:
- Stability:
One of the advantages of free-standing tenant properties is that they offer a level of stability that is not always present in other commercial properties. Because there is only one tenant, there is less risk of turnover, which means you can count on a steady stream of rental income. - Location:
As with any commercial property, location is a critical factor when it comes to the success of a free-standing tenant property. Look for properties that are in high-traffic areas with good visibility and easy access. - Tenant quality:
The success of your investment will depend largely on the quality of your tenant. Look for tenants with a strong track record of success, as well as good credit and financial stability. - Lease terms:
The terms of the lease are also crucial when investing in a free-standing tenant property. Look for leases that provide a stable and predictable stream of income over the long term.
At CommercialMortgages.com, we understand that finding the right financing for your commercial property can be a daunting task. That’s why we offer a one-stop-shop solution for all your commercial financing needs. With access to a wide range of lenders and financing options, we can help you find the right loan to meet your needs, whether you’re investing in a free-standing tenant property or any other type of commercial real estate.
Here are just a few of the financing options we offer:
- Conventional mortgages:
These are traditional commercial loans that offer competitive rates and terms for a wide range of properties. - SBA loans:
If you’re a small business owner, an SBA loan can provide the financing you need to invest in a free-standing tenant property. - CMBS loans:
Commercial mortgage-backed securities (CMBS) loans offer a unique financing option that can provide a high level of flexibility and stability.