Commercial property is related to real estate. It is used for business purposes. This includes industrial parks, office spaces, shops, showrooms, hotels, restaurants, cafes, and many more. People invest in commercial property so that they can get employment, earn good profits. Most people prefer commercial shops so that they can start any business and earn a good income.
Types of commercial properties
“Commercial property isn’t just one type, but rather various types that serve different purposes. While their purpose remains the same – generating income – their types vary based on your business or investment goals.”
“Most demanded commercial properties are shops and showrooms. Shops can be found everywhere, in any city or village, and can include:
– Grocery shop
– Cloth shop
– Mobile phone shop
– Food shop
Showrooms are larger stores offering same-category products.
Demand for shops and showrooms remains high everywhere due to:
– People’s daily needs for essential items
– Businesses’ need for display space
Key difference between shops and showrooms:
– Shops: Smaller size (100-1000 sq ft)
– Showrooms: Larger size (1000-5000 sq ft or more)”
Office Spaces
1. Single-tenant buildings
2. Multi-tenant buildings
3. Corporate headquarters
4. Medical offices
5. Co-working spaces
Retail Properties
1. Shopping centres
2. Strip malls
3. Standalone stores
4. Restaurants and bars
5. Convenience stores
Industrial Properties
1. Warehouses
2. Manufacturing facilities
3. Logistics centres
4. Distribution centres
5. Flex spaces (office/warehouse combo)
Hospitality Properties
1. Hotels
2. Cafe
3. Resorts
4. Restaurants
5. Bars and nightclubs
Mixed-Use Properties
1. Office/retail combos
2. Residential/retail combos
3. Hotel/retail combos
4. Office/industrial combos
Special Purpose Properties
1. Government buildings
2. Schools
3. Hospitals
4. Churches
5. Theatres
Other Commercial Properties
1. Self-storage facilities
2. Car washes
3. Gas stations
4. Parking garages
5. Billboard/signage properties
Emerging Trends
1. Co-living spaces
2. Data centres
3. Life science facilities
4. Sustainable/green buildings
5. E-commerce fulfilment centres
Benefit of buying commercial property
Rental income and appreciation land value-
“The biggest advantage of buying commercial property is that it generates substantial rental income, which depends on the property’s location. If the property is located in a prime area of the city, the rent will be higher. However, if it’s located in a village, the rent will be lower. But the rent will increase over time based on demand. This is a fixed income source.”
tax benefit
Investing in commercial property offers numerous tax benefits, helping reduce taxable income and increase savings. One key advantage is depreciation, allowing investors to claim a portion of the property’s value as a tax deduction. Additionally, interest on home loans or mortgages can be deducted from taxable income, providing substantial savings.
secure future
“If you invest in commercial property, you’ll receive lifetime income. Even after retirement, you’ll continue to earn money, securing your future. This is because you’ll receive rent. If you don’t want to rent it out, you can start your own business, generating profits and creating an income source.”
– Lifetime income
– Income after retirement
– Future security
– Passive income through rent
– Opportunity to start your own business
– Profit and income source