01/09/2023
Often I get asked by lending prospects whether they should purchase or continue to lease commercial space and it’s a loaded question. And although there’s a lot of factors that go into that consideration, 1 main factor is the type of commercial real estate you’re buying and what the demand for that space is. This significantly impacts resale value, potential rental income and so on. So keeping that in mind when looking at commercial space, here’s the current state of CT averages on vacancy rates for commercial real estate by category. Let’s discuss today whether it’s time to buy and how much you can qualify for. Call or text at 860-248-1478 or email me at [email protected]
