Buy vs. Lease Analysis

Are you considering buying retail space versus leasing?  Buying a commercial unit or a building could save your business money!  I will be happy to answer your questions regarding the differences between leasing and buying and will help you to decide which solution is best for your business’ individual needs. Buying a single unit or property could save your business money!  Some of the pros to purchasing a property include:

  • Fixed costs.  Worry no more about your landlord raising the rent.  Once you lock in your commercial mortgage rates you’ll have a fixed cost associated with your space.
  • Tax incentives.  When you own your place of business you are able to deduct your mortgage interest, property taxes and other items.  In the long-run, these deductions can save a significant amount of money.
  • Additional income.  Rent out extra retail space and add another source of income to your business.
  • Retirement fund.  Like home ownership, a commercial property also appreciates over time.  When you retire from business, sell your commercial space.

Contact CHRE today for a FREE CONSULTATION!  I will be happy to answer your questions regarding the differences between leasing and buying and will help you to decide which solution is best for your business’ individual needs.