When you’re beginning your search for commercial property in Arkansas, you want to find the best option that is going to fit your company’s needs for the immediate future as well as potentially further down the line. Here are a few things to look for when reviewing commercial properties for lease.
Neighborhood & Location
One of the most crucial aspects of your search for the best commercial properties for lease in Arkansas that will fit your company’s needs is understanding the makeup of the neighborhood and the general location of your business in terms of its proximity to main roads. If you already know the general type of customer that uses your products and services, you’ll want to know whether the neighborhood you’re considering is one that they typically visit. If not, you’ll know very quickly that unless a secondary target audience is showing signs of interest in your company, and is present in the area where the commercial property is located, the location is not going to be suitable for your business.
If the area is perfect for your business, review the amount of foot traffic you get from absolutely no marketing or advertising on the street. Is your building at a busy intersection or is it difficult to find, hidden on a side street or within a small shopping center that does not get steady streams of traffic each day? A building’s proximity to and visibility in busy streets can significantly increase the chances of more prospective customers visiting your business and limit the amount of money you’ll have to spend on advertising and marketing in your neighborhood.
Parking & Transportation
Arkansas isn’t necessarily known for having stellar transportation but if your business is located in an area that is near major streets, you can rest assured knowing that you’ll be able to appeal to customers who may not have traveled by car. This significantly opens up more opportunities for you to market your business across multiple target audiences.
Also important is the need for quick and hassle-free parking for your customers. If you do not have your own parking lot on your property, is there enough parking in the area to keep your customers from having to park long distances from your store? Areas with congested roads and limited parking can be extremely stressful for drivers and actually work against you by discouraging visitors from coming into your business due to the hassle of finding a parking space. When you’re reviewing the commercial properties for lease, always pay attention to the presence of parking near the property.
Size of the Property
Depending upon the products or services your business provides customers with, you’ll need to be very mindful of the size of each property you review. Ask yourself if the location will be large enough for your business in the present and also in the future if you’re consistently growing. The last thing you want to do is narrow your list of commercial properties for lease down, and discover that none of the properties will fit your company’s needs for size.
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