Our Commercial Property Management Services
Unlike other property management companies, we don’t believe in cookie-cutter solutions. We know every property is different, so we offer tailored services to meet your commercial property’s unique needs.
We can help you with anything from renovations and repairs to marketing and financial management. Here are some of our commercial property management services in more detail:
1. Marketing Your Rental
Finding tenants for your commercial property can be more challenging because every business is looking for a specific location, square footage, and zoning requirements. Unlike residential rentals, commercial spaces must align with a business’s operational needs, making the pool of potential tenants more narrow.
If you’re having a hard time filling the vacancies in your commercial property, the team at Denman Realty can help you! We use targeted marketing and data-driven pricing strategies to attract a wide pool of prospective tenants. Additionally, we’ll handle any inquiries, schedule showings, and maintain the property’s appeal to help you secure long-term tenants more quickly. With our strategic approach we can help you reduce vacancy periods, protecting for your financial bottom line.
2. Screening Potential Tenants
Tenant screening is a crucial part of the leasing process, both for residential and commercial properties. A thorough background check verifies a tenant’s financial health, business viability, and rental history, reducing the risk of missed payments or early lease termination. Proper screening also helps avoid problematic tenants who might damage the property or violate lease terms.
If you don’t know how to select reliable businesses for your rental, the team at Denman Realty can do it for you! With our help, you’ll be able to secure a steady rental income, maintain your property’s value over the long term, and minimize legal or financial issues down the line.
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3. Conducting Regular Inspections & Maintenance
Keeping on top of your maintenance responsibilities is necessary to retain tenants and maintain the property’s value over time. If you find it difficult to keep up with all your maintenance tasks, our property management team can take over for you! We can help you prepare the property for new tenants, whether that requires renovations, coordinating cosmetic upgrades, or a deep cleaning.
We’ll also inspect your property regularly to ensure tenants are keeping it in good condition and spot any maintenance issues before they escalate. And, if an emergency ever comes up, we’ll work with our network of reliable contractors and service providers to address the issue promptly.
4. Collecting Rent
One of the great things about owning a commercial rental property is that the high rental rates can significantly supplement your income. However, to achieve this, you need to have a solid rent collection system in place. You also need a plan to address late or missed payments.
Thankfully, when you engage our services, we handle rent collection on your behalf. We actively work to ensure you get paid on time, every month. To achieve this, we send reminders to tenants and offer multiple payment options to encourage timely payments. Additionally, our property managers strictly enforce late fees to reduce the risk of a tenant defaulting on a payment.
5. Financial Reporting
Keeping track of your income and expenses is one of the most important and daunting elements of owning real estate investments. The good news is that the team at Denman Realty and Property Management can do it for you!
We’ll track all your relevant financial information, including rental income, contractor invoices, maintenance expenses, and tax information. Then, we’ll create easy-to-read monthly reports you can access by simply logging into our online landlord portal. This ensures that you always remain informed of the performance of your investment, allowing you to plan for the future.
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Bottom Line
Choosing a property management company is a decision that shouldn’t be made lightly. Partnering with the right property manager can help you minimize your vacancies and maximize your income.
If you’re looking for a reliable property management company in Phoenix, Mesa, Tempe, Scottsdale, Gilbert, Chandler, Queen Creek, or the rest of the Phoenix Metro Area, Denman Realty & Property Management is your best choice! When you work with our experts you’ll experience peace of mind and steady returns. We’ve helped countless investors reach their goals and are ready to help you too! Get in touch with our property management team today and experience the benefits of quality commercial management.
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