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Considerations for Leasing Office Space

When you're looking for your next office space, there are a lot of things that you need to consider. This is going to be a big decision, and you want to get it right. After all, you don't want to have to seek out another office space to lease in a couple of months. Here at Tomarchio Enterprises, we've been assisting the good folks of Seaford, DE with office leasing for a while now, and we've learned a good bit. We wanted to take some time today to talk about some of the different things [...]

What Makes a Strong Anchor Store?

Every good shopping mall or strip mall has a great anchor store. The ones that don't have one tend to not last for too long, and that's why it is crucial to have one. An anchor store is a major store, usually a large retail chain or grocery store, that serves its mall by driving customers to the smaller stores. When looking to lease a commercial real estate space, the first thing you should look to is the anchor store, but what makes a good anchor store? What Kind of Traffic Does the Store Bring [...]

3 Reasons to Lease a Retail Space

When it comes to finding a retail space for your business, you have the option to either buy or lease real estate. Many business owners love the idea of owning their business location outright, but there are more benefits to leasing than you may realize. Here are a few of the best reasons to lease a retail space for your business. Reason #1: It's Less Expensive Buying a retail space requires much more from you than leasing. Most business owners must take out a loan and finance their purchased property, and typical SBA loans require [...]

Common Questions About Commercial Real Estate

Whether you're in the process of purchasing a commercial property or are considering acquiring a physical location for your business, there are a few things you should be aware of. Here's how to ensure you're best prepared for the business adventure that awaits. Q: How much space do I need for my business’s commercial property? A: The general rule for commercial real estate space is leasing about 250 square feet per employee. However, the type of business you conduct and the services you offer greatly contribute to this number. If your business requires a waiting [...]

What is a Turnkey Commercial Property?

Commercial properties are bought and sold in various conditions. Rehab properties are those that require renovations and things like additional electrical wiring, paint, carpets, and fixtures after they are purchased. These properties are convenient for those who want to customize the space to fit their needs. However, there are other commercial properties that are already in liveable condition and move-in ready for lessees who require immediate tenancy and don’t have the time to worry about repairs and superficial decor. These properties are classified as “turnkey”, meaning buyers can simply ‘turn the key’ and open the [...]

Cool Attractions in Seaford, DE

One of the keys to running a successful business is ensuring you have the foot traffic and customer base to support you. Finding a retail leasing space in a thriving and active city is helpful to growing your business and increasing sales. Seaford, Delaware is a close-knit town of about 7,000 people. It is recognized as being one of the top 30 Best Small Towns in America and is known for its community spirit that is reflected in their local attractions and events. Let’s learn a little more about the town of Seaford, DE to [...]

Is Your Retail Space Serving Your Business Needs?

As a retail business owner, you probably already know that your business’ success relies heavily on the retail space itself. Geographical location and building features play a big role in drawing customers to your shop, so it’s important to assess both current and potential retail spaces to ensure your primary location suits your business needs best. Here are a few things retail stores need in order to thrive and grow. A Great Location If your retail business has a lot to offer your community but the community your shop is located in is small or [...]

4 Reasons to Love Finksburg, MD

When searching for a place to open your commercial business, you surely have much to consider. How do you choose the perfect location? Finksburg, Maryland is a fantastic choice for business owners to set up shop and provide their services to a welcoming community. Here are a few reasons why Finksburg is so great for local business! Reason #1 - It’s Has an Ideal Geographical Location in Maryland Finksburg doesn’t cover a huge geographical area and is not a bustling city, which means it is not overcrowded with traffic and people. However, it is situated [...]

Finding the Right Space to Fit Your Goals

When starting a new business, an important part of the process is finding a physical space that best suits you and your company’s needs. Whether you are a brand new startup or an existing enterprise that is looking to transition or expand, check out these helpful tips on finding the perfect commercial space for your business! Tip #1 - Know What You Want Before You Look Before you start looking at commercial real estate, take the time to come up with a list of everything you and your business will need. Then, have an additional [...]

6 Questions to Ask About Your Commercial Lease

If you’re starting a new business, one of the most important jobs you have is to pick a commercial space that will suit your company best. Commercial leasing can be quite complicated, but here are some helpful questions you can ask yourself to ensure everything is in order when it comes time to finalize your lease. Do I fully understand my lease? The lease for your new commercial space might be long and intimidating, but you need to make time to read it thoroughly. Make sure you understand what all of the key terms mentioned [...]

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