In the world of real estate investing, there is often a lack of attention and emphasis placed on operating a successful commercial property. Many investors like to place the lion’s share of both their time and mental energy into operating a piece of residential real estate in the best way possible. If you’re trying to learn more about how you can make the most out of a commercial property service, then be sure to keep these top tips and tricks at the top of your list of priorities.
Take Care of Pests and Infestations Before They Cause Problems
It will be nearly impossible for you to operate a quality commercial property service if you are constantly fighting off bugs, pests, and other invaders. While hiring a commercial exterminator to take care of these issues may not seem like the most glamorous thing to do, it’s certainly a necessity, and it’s one that will do wonders for your property over the course of many years.
Regardless of your place in the market, maintaining a pest-free environment is paramount for the smooth operation and reputation of any successful commercial property. You will often have good luck going with exterminators specialized in commercial properties, as these companies often understand the unique challenges businesses face. These professionals conduct thorough inspections to identify potential pest entry points, nesting areas, and factors contributing to infestations. Whether it’s rodents, insects, or other pests, a plan will help you to address the specific needs and vulnerabilities of your commercial space speedily.
On top of the immediate benefits, hiring an exterminator for your commercial property can also have long-term benefits. Regular inspections and preventive treatment help to reduce the risk of future infestations. This kind of routine will safeguard not only the physical structure of the property but also the health and well-being of your visitors. By proactively managing pest control through professional exterminators, you can be sure to maintain a safe, hygienic, environment for years to come.
Make Sure Your Property’s Roof Receives Adequate Care and Attention
As any roofing contractor will tell you, commercial properties are prone to roof issues when they are not monitored and well-maintained. The kinds of issues that often stem from neglecting a property’s roof are the kinds that are often impossible to reverse, so it’s best to never step foot on that path. Instead, you should always have a routine maintenance and inspection schedule in place for your property’s roof so that you can make the most of it at all times.
As you seek out a certified roofing business in your area, make sure you spend enough time determining its credibility. When it comes to your property’s roof, it pays to be certain about the quality of work you receive, as cutting corners often leads to larger issues. Since roof problems can be both complex and costly, it always pays to spend a little extra time to hire a roofing contractor who has the experience and reputation to assist you without any added problems coming up. A commercial roof often requires extra attention, especially if your building resides in a region where lots of snow and ice accumulate, so be sure to account for these types of environmental factors as you build out your budget and hire a roofing contractor to assist you.
When you continue to run a successful commercial property, you’ll want to keep up on your roof with routine inspections. Set up a calendar for regular check-ups even if you don’t think there is anything wrong with the roof of your building. Doing so can help you to identify potential issues and stop them before they become too large to mitigate without spending a large portion of your property budget.
Tend to Your Parking Ramps, Garages, Lots, and Spaces
Everything related to parking should meet the highest standards when you’re seeking to operate a successful commercial property. From clean, spacious parking ramps to offering towing services, your visitors need to know that their vehicles are in the best hands when they pay a visit to your property. Many owners get this wrong, instead prioritizing other, less meaningful metrics. Remember that almost everyone who visits your property will be parking a vehicle there, so making sure they experience minimal issues with this is an excellent way to keep people coming back.
If your property has an allocated parking lot, ramp, or garage, then making payment simple and straightforward is a great way to make things easy for your guests. This means installing modern payment stations both at the entrance and exits of your garage. In many modern parking garages, the best properties have both standalone kiosks and drive-up kiosks so that guests can either pay as they’re walking back to their vehicle, or from their vehicle as they leave. This flexibility goes a long way toward guest satisfaction.
When offering outdoor space, it’s nice to present some premium options for regular guests. This often means they can pay for a covered space or for a space that is closer to your building. Even your standard spaces should come with plenty of room and clear markings. Signage is important not only for directing traffic but also for keeping your parking areas safe and free of potential collisions.
Clean Up After Yourself and Keep Things Tidy
Maintaining a clean and successful commercial property is crucial for creating a positive impression on clients, fostering a healthy work environment, and complying with all kinds of local and federal hygiene standards. You should always do your part to establish regular cleaning schedules for all areas of your commercial property from lobbies and offices to restrooms and break rooms. You can achieve this by either assigning specific cleaning tasks to employees or by going out and hiring a professional cleaning service.
From here, you should narrow your focus to develop a checklist that outlines daily, weekly, and monthly cleaning duties, addressing everything from dusting surfaces and vacuuming carpets to sanitizing high-touch areas like door handles and communal spaces. Adequate waste management is also essential, no matter how large or small your commercial building happens to be. You can achieve this by ensuring that trash bins are emptied regularly, and recycling practices are implemented to contribute to environmental sustainability. You can even consider going the route of utilizing a roll off dumpster rental for larger forms of refuse.
Exterior considerations are also well worth your time and money when it comes to keeping your space looking its best. Hiring a landscaping company with experience in commercial properties can help to give your property a sparkle that may be missing from others in your area. These kinds of details can help to set you apart, drawing in even more customers and potential clients to your space. You want to keep things clean outside, and you may even find it beneficial to consider adding some unique features such as a fish pond, fountains, or local plant life.
Add Transportation Services
On top of taking care of the parking areas at your commercial space, you can also consider adding some sort of transportation service to make it easier for your visitors to get around. Many popular commercial parks, for example, will offer services such as valet parking, common shuttles, and even RV repairs. These kinds of additional services can help to provide tremendous value to your tenants, visitors, and supporters alike.
As part of your successful commercial property, you should always strive to offer the latest and greatest services to your guests. This often means going the extra mile to ensure it’s as easy as possible for people to get in and out of your commercial property. By offering transportation services and making things like equipment trailers readily available at your property, you’ll quickly see how people prefer your property over others that may exist in a similar space.
If you’re looking to add a shuttle service to your commercial property, try mapping out a potential route first. This can give you a much better idea of the kinds of problems you may have to navigate when hiring shuttle drivers and operators. If you operate a large campus, then you will have a different set of considerations from a building that is simply difficult to get to. Mapping out your location in detail will give your drivers a better idea of how to serve your client base. Factoring for things like inclement weather is also an important part of implementing a successful shuttle service.
Enhance Your Property’s Heating and Cooling Systems
When you own and operate a large commercial space, keeping the temperature right is a constant chore. This is much easier when you know you have a heating and cooling system that is up for the task. In many cases, commercial buildings will require special considerations when it comes to the subject of temperature control, so it’s always a wise idea to consult with a commercial HVAC contractor who possesses the unique knowledge required for success in this domain.
As you start to think about how to hire the right temperature control specialist, consider the details that will help you operate a successful commercial property as a whole. This often means finding a specialist who has a strong, positive reputation for working on projects of your scale and meeting similar requirements. On top of this, you’ll probably want to explore a few different options and make some offers so that you can find an ideal price point that works for both you and your contractor alike.
Once you’ve gotten the perfect HVAC specialist on board to help you with your property, it’s a good idea to settle on a maintenance schedule. Many times a contractor will know when the important times are to visit and check up on your systems, but it never hurts to get this established up front. With HVAC systems, routine monitoring and maintenance are necessary to keep things functioning and make sure you’re not spending more than you need to on costly repairs.
Keep Up on Routine Repairs and Maintenance
Regular maintenance is a major part of any commercial property. Across the board, it can be tough to know which areas to target for repairs, which is why it’s best to stay organized. From your flooring to your fixed awnings, keeping accurate records of maintenance and repairs is one of the best ways to make sure your process is both verified and streamlined when it comes to making your property the most effective operation possible.
As you work toward operating a successful commercial property, you should be building up your contacts list. This is especially important when it comes to maintenance and repairs, as having the right specialists on your side can not only keep your building free of safety hazards, but it can also help you save money. For example, if you have access to the best local commercial roof coatings company in your area, then you can probably get a better rate and save some time when it’s time to hire someone for this kind of service at your property.
Routine maintenance and repairs are part of any successful commercial property, as they will mitigate issues and keep your space looking its best. These kinds of schedules can be painful to create and maintain at certain times, but they’re ultimately what will keep your property on track over the course of years and decades. Once you accept this fact, you can put the right maintenance schedules in place and see the results come back to you.
While running a successful commercial property doesn’t have to be complicated, it can certainly be a process that is full of new and exciting challenges for you. Embracing the hardships inherent in running your property in the optimal way is an excellent path to ensure that you’re not allowing it to take from your energy and your willpower. Remember to follow these best practices and you’re sure to see positive results as you continue to run your commercial property.
