Without oversight, your vacant, single tenant property can be filled with problems quickly.
There are so many benefits to investors of single tenant, free-standing retail and restaurant properties. Typically, an owner receives the benefits of ownership and income without the responsibilities of management and/or maintenance. For as long as the property is occupied and the rent is paid, the tenant is charged with most, if not all, of the maintenance. The upside is pretty clear.
Commercial leases aren’t forever…..now what?!?!
Are you prepared for the day that your tenant decides not to renew their lease and vacate the building? Suddenly you find yourself responsible for a property, possibly in another state, without any local resources to monitor the building’s status and resolve any maintenance issues that should arise. Suddenly, your perfect investment has the potential to become a stressful situation.
UmbrellaOne partners with both landlords and tenants nationally to offer oversight of vacant or dark commercial properties.
UmbrellaOne provides site inspections and assists in managing the ongoing basic maintenance needs of a vacant property. We can help protect your commercial asset and avoid any costly damage due to neglect. From clean-outs and heat checks, to roof leaks and vandalism, our team is ready to create a program that assists landlords safeguard their asset until the next lease is signed or relieves a tenant of their leasehold obligations.
Our service is risk free and represents significant value. Especially when compared with neglect.
Hopefully your location is a success and vacancy isn’t something you have to contemplate. Long-term tenancy is always a win-win for landlords and tenants alike. However, if the day should come that a business isn’t there operating and keeping an eye on the building, give the team at UmbrellaOne a call. A little investment with UmbrellaOne will go a long way toward protecting your asset and hopefully finding that next tenant!