what are commercial properties

what are commercial properties

1 year ago 82
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Commercial properties are real estate properties that are intended to generate a profit, either from capital gains or rental income. Commercial properties can include buildings or land, and they are used for business activities. Examples of commercial properties include office buildings, medical centers, hotels, malls, retail stores, multifamily housing buildings, farm land, warehouses, and garages. Commercial buildings are buildings that are used for commercial purposes, and they include office buildings, warehouses, and retail buildings. Commercial properties are different from residential properties in several ways, including their purpose, price, and occupants. Commercial properties are often larger buildings on substantial plots of land in highly-trafficked commercial areas, and they are much more expensive than residential properties. Commercial properties are usually occupied by business tenants who lease the property from the owner or a group of investors. Commercial real estate is commonly divided into five categories: office buildings, multifamily, retail, industrial, and hospitality.

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