Interview client to identify current challenges and establish specific leasing objectives
Perform a comprehensive property assessment to discover strengths and weaknesses
Identify potential maintenance and property enhancements which may increase the property value
Offer recommendations regarding quoted rental rates, concessions, and other leasing parameters
Provide specific market study on competitors
Evaluate comparable lease and sales transaction data
Design and produce marketing brochures to accurately present to prospects
Post listings to appropriate commercial real estate services
Conduct structured property tours and presentations to highlight property benefits
Generate regular comprehensive market activity reports which identify transaction origination history, active/inactive status, and other marketing efforts
Qualify prospective tenants and ascertain needs and objectives
Negotiate Letter of Intent terms with potential tenants
Prepare financial analysis and review with client
Draft lease documents in coordination with client’s legal counsel
Coordinate and necessary improvement projects with property management, tenant, and any construction manager
Maintain communication with property manager to facilitate seamless move-in process
“Lee has helped me with buying, selling, and even represented me on many commercial rental properties. He stays involved from day one until the last day. He’s never once pressured me in any way and has on many occasions advised me to pass on deals that that didn’t fit my needs or were the right fit for me when he could have easily collected a quick commission. His moral standards and family values are hard to find anymore.”
“Mark helped me purchase commercial property in the city of Georgetown for a new Kubota equipment dealership. Throughout the course of the acquisition, Mark followed up with every detail and kept me informed of what was happening and what I should expect next. Simply put, he was the best realtor with whom I have ever worked. I would highly recommend Mark Milstead.”
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The NNN is rent in addition to base rent and the cost of utilities. Triple Nets are estimated for the year and typically paid together...
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