Sumter, SC 29154, 3291 Broad Street Land: 0.16 Acres, Building: 3,204 sq. 1,625 pcm | 19,500 pa Retail property (high street) to rent 6-8 High Street, Norton - - OnTheMarket today Added today 400 pcm | 4,800 pa | 775 sq ft Office to rent 20, Cambrian Road, Newport. | A Coldwell Banker Commercial professional will be in touch with you soon. Then you would pay a monthly lease amount and gather a down payment for the exercise of your option and the eventual purchase of the home. Want High Quality, Transparent, and Affordable Legal Services? Baltimore, MD 21230, 700 Charing Cross Rd | Fort Smith, AR 72916, 1000 S 21st ST Knowing the factors that go into determining what that location is, and balancing it against cost, is a challenge every business owner needs to face if they want to flourish. Land: 0.22 Acres, Building: 4,265 sq. Baltimore, MD 21230, 4015 Penhurst Ave Data provided by Yardi Matrix, properties over 50k SF, includes office with retail. Land: 0.25 Acres, Courtesy Of Miranda Real Estate Group, Inc, Building: 2,496 sq. NP20 4AB - - OnTheMarket today Browse by location London Edinburgh Birmingham Manchester Glasgow Leicester Bristol Leeds Liverpool Sheffield Nottingham Land: 1.73 Acres, Building: 11,200 sq. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Our reach is so wide that when virtually anyone says, Where can I find a retail space for rent or for lease near me? we have the answer. A Commercial Rent to Own Agreement is a document used for a potential buyer of a commercial property to enter into a rental lease agreement with the landlord with the intention of buying the property at the end of the lease. Fort Smith, AR 72903, 1 Essex PL Retail-Commercial For Lease New Orleans, LA 70122 6,200 SF, $18 PSF (Annual) Free-standing building in the heart of New Orleans' Gentilly neighborhood is now available for lease. The average rent price in Phoenix, AZ, is $1,483.00. Fort Smith, AR 72901, 3731 Towson AVE ft. Akron, OH, 544 White Pond Drive, Though it arranges for the potential sale of the property at the termination of the lease, the parties to a Rent to Own Agreement are first and foremost a landlord and a tenant. With a median household income of over $78,136 and a median rent of $1,380, the Virginia Beach, VA rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. SORT BY: Recommended. Sumter, SC 29150. An estimated 88% of Akron residents aged 25 or over hold a high school degree or higher. We know that our success depends on your success and is about more than just completing a sale. 3210 Broad St Fort Smith, AR 72908, 10000 253 Hwy Jim Kimmons is a real estate broker and author of multiple books on the topic. Coworking. Were able to do everything we do because of our ideal combination of expertise and resources. RE/MAX, LLC is an Equal Opportunity Employer and supports the Fair Housing Act. Land: 0.66 Acres, Building: 6,832 sq. Downtown Akron, 5201 S 66th Street Land: 0.4 Acres, Building: 7,539 sq. Akron, OH, 1900 W Market St, Baltimore, MD 21214, 222 Liberty Street Commercial-Other 4701 Harford Road Baltimore, MD 21214 Land: 0.42 Acres Add to Compare Listed By CENTURY 21 The Real Estate Centre sale $620,000 Multi-Family 222 Liberty Street Baltimore, MD 21201 Add to Compare Listed By CENTURY 21 Downtown sale $599,900 Commercial/Industrial 2042 Park Ave Baltimore, MD 21217 Land: 0.05 Acres Contact Each office is independently owned and operated. You fill out a form. Schenectady, NY 12304, 31 East Street Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Sumter, SC 29150, 2810 Broad Street Flex Space. The situation is the mirror image of the way in which you gained control of the home in the first place. Flex Space. Glenville, NY 12302. There are two significant tax implications whenever a lease option is treated as a sale: The following are the lease-option tax consequences on the landlord as a seller: As a tenant with a lease option, there are numerous benefits that you get once you enter into a commercial lease agreement with your landlord. A Commercial Rent to Own Agreement is a binding contract that will be upheld in a court of law in any state. When you hire a Coldwell Banker Commercial professional for your retail real estate deal, youll instantly enjoy peace of mind. 12-2pm 3682 Dam Road (Route 16), Magalloway Plt, ME 03579 ALLIED REALTY $175,000 5 bds 2 ba 4,760 sqft - Active Loading. | Considering that a portion of the tenant's payments goes to the eventual purchase, the landlord receives higher monthly payments from the tenant-buyer. Akron, OH, 577 Grant Street Suite B, In Orlando, FL there are currently 234 office spaces for lease, 23 warehouse spaces for rent, 56 retail spaces, and 122 shared office spaces (also known as co-working spaces and executive . Essex, MD 21221, 307 Ellwood Ave Land: 0.17 Acres, Building: 11,000 sq. Colonie, NY 12309, 325 STATE Street Local retail availability includes 3,075,587 square feet across 276 listings. University of Akron, Baltimore, MD 21217, 1425 Light St The Agreement allows the Parties to specify the following important details that will guide their landlord/tenant relationship and potential buyer/seller relationship: After inputting the required information, the Agreement is printed out and signed by both Parties, and then kept on file by both Parties for the duration of the Agreement as well as for a reasonable period of time thereafter. Property through Pag-IBIG, flexible terms, discounts, and more! What Is a Restaurant Lease Agreement PDF? Lease option presents significant benefits to any landlord. Each office is independently owned and operated. Akron, OH, 1250 E Tallmadge Ave, Land: 1.7 Acres, Building: 2,442 sq. The lease option is usually upheld if, at the point of entering the deal, the parties believed that the rent charged reflected fair market rates and the option price took into consideration the future value estimate. Retail-Commercial For Sale New Orleans, LA 70130 10,287 SF, $3,750,000 The first is that the sum of the option price and the rent payments must approximate the property's fair market value. 17,473-298,746 SF. In 2021, roughly 29% of a total of 94,522 employed in Akron worked in Management, business, science, and arts occupations, followed by 23% in Sales and office occupations and 22% in Service occupations. Built 1985. Akron, OH, 106 S Main Street, | When you rent-to-own, you enter into an agreement where you commit to renting a property for a predetermined period of time. Land: 0.6 Acres, Building: 2,392 sq. Expand your search beyond your neighborhood and ZIP code and search our listings in any city or state to find the best fit for your needs, wherever you are in the U.S. A total of 367 off-market commercial properties located in Akron, OH are also available for research. Shop mortgages. Land: 11.46 Acres, Building: 20,977 sq. Sumter, SC 29150, 1715 Hwy 15 S Baltimore, MD 21213, 1269 Washington Blvd | Oak Ave. & Nanticoke Rd. Schenectady, NY 12306, 2903 Guilderland Avenue Sumter, SC 29150, 310 Manning Ave Schenectady, NY 12305, 369 Duanesburg Rd Should the tenant be able to exercise the option, thus purchasing the property, the sales contract will already be in place, and the sales fee would be lower. Sumter, SC 29150, 1426 Camden Hwy We use extensive data and research to help pinpoint the best strategic approach to help you meet your retail real estate goals, and we use local agents that know the retail market intimately to find deals other real estate agents cant. Size. As of 2021, Akron had a total population of 197,597, with a median age of 38.00 years. Sumter, SC 29150, 2015 McCrays Mill Rd Baltimore, MD 21224, 1023 Bowleys Quarters Rd You, however, negotiate a price significantly higher with your tenant-buyer. These advantages are as follows: You could be a newbie in the real estate industry or a seasoned commercial real estate mogul in need of a business lawyer to handle your legal issues. Find the best offers for Properties for rent in Arizona. Fort Smith, AR 72901, 9901 253 Hwy Whenever you're ready just look for lease-option or lease-purchase homes near me on the Rent to Own Labs website. For example, you might have paid the owner a $2,000 non-refundable lease option deposit so your tenant will pay you $3,000. Essex, MD 21221, 5242 Park Heights Ave You can modify it and reuse it. We'll assume that the owner needed to sell or he would lose his home. Land: 0.96 Acres, Building: 4,778 sq. Letcombe, San Antonio, TX 78254 $1,879 /mo 3 Beds | 2 Baths 1,681 Sqft Verified Chipinque Street, San Antonio, TX 78237 $486 /mo 1 Bd | 1 Bath 624 Sqft Verified Alta Sita Street, San Antonio, TX 78237 $1,201 /mo 3 Beds | 1 Bath 1,416 Sqft Verified Rayburn Drive, San Antonio, TX 78224 $1,115 /mo 2 Beds | 1 Bath 960 Sqft Verified Leal Street, 298,746 SF Contiguous. Commercial real estate properties for lease and sale in Georgia. 500 RESULTS. The rental income, also known as ordinary income, results in sale proceeds, also known as a capital gain. ft. ft. You'll also need a higher lease payment from your tenant. Local retail availability includes 427,717 square feet across 79 listings. A Coldwell Banker Commercial agent is in a much better position to recognize such incompatibility and steer you down the right path. | Simplify your accounting operations and seamlessly track, manage and collaborate on your lease portfolio from anywhere. | Investment Opportunity Office High-Rise - Central Business District. Rotterdam, NY 12306, 35 Freemans Bridge Road In situations where the property is residential and the tenant will be living there, a Residential Rent to Own Agreement should be used. View information about public schools and private schools serving in Shreveport, LA, plus reference community statistics and demographics. Land: 0.16 Acres, Building: 5,388 sq. Starter Payment. A commercial lease agreement with an option to purchase, also known as a lease option, is a form of commercial real estate contract in which the tenant and the property owner agree that there is an option for the tenant to buy said property at the end of a stipulated rental period. Schenectady, NY 12309, 707 UNION Street Land: 0.15 Acres, Courtesy Of Keller Williams Platinum Realty, Building: 21,500 sq. When it does, however, the price might be a value agreed upon or the value appraised at the time of purchase. In situations where the property is residential and the tenant will be living there, a Residential Rent to Own Agreement should be used. Maybe it's a bit of both. Land: 2.41 Acres, Building: 6,882 sq. Schenectady, NY 12305, 1656 Duanesburg Road The Coldwell Banker System fully supports the principles of the Equal Opportunity Act. The original owner really needed to sell and he realized that a low price is better than a foreclosure. ft. We have almost 150 independently owned and operated companies under the Coldwell Banker Commercial brand, consisting of nearly 3,000 real estate professionals. 2023 Reliance Network and RE/MAX Commercial. ft. | Land: 12 Acres, Courtesy Of The Heritage Group Real Estate, Building: 2,625 sq. ft. 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