5 Reasons to lease or purchase a commercial property in Atlanta
The majority of business types that are leasing property in Metro Atlanta are retail spaces. Atlanta is a hot market, and most investors know that it’s getting a lot of attention. Commercial investors from outside Atlanta and even from outside of the U.S. have noticed that it’s a great place to invest.
So here are the top 5 reasons to lease or purchase a commercial property in Atlanta
#1 Economic Growth
Atlanta is growing and also sustaining that growth incredibly. Every year, the city gets bigger, better, and more appealing to everyone worldwide. Atlanta has lots of opportunities and that's appealing to many. Atlanta has lots of movers and shakers and there is always something happening, and the growth has been consistent at levels that are almost unheard of. With this going on for a few years now, it shows no signs of letting up, making Atlanta’s growth reliable. And the best place for investors to purchase or lease commercial space.
#2 Geography and large landscape
Reason #2 to invest in Atlanta is its landscape. The ground that we have covers a large area and many diverse and unique neighborhoods. There’s a lot of beautiful green space and you can choose to live near trees and nature or downtown in the middle of a lot of action. We have high rises and the city beltline. We have suburbs and neighborhoods that are both new and established and minutes from the city or far away, whichever you prefer.
In Atlanta, investors can find commercial space within walking distance of your home, great shopping, restaurants, and nightlife. These things alone should draw you to Atlanta.
#3 Inbound Infux of International
The economy isn’t the only thing growing in Atlanta – the population is also surging. Plenty of people are moving to Atlanta, and this inbound influx is always a great indicator when you’re investing. When you’re choosing a market, you want to see outward people moving into a city and not just organic within the city.
Atlanta attracts new residents from all over the world. A lot of that population growth comes from the education system in Atlanta. Some of the best universities are in the city, and they offer great degree programs as well as post-graduate opportunities. The technology is also pretty impressive.
#4 Positive Rent Vs purchase price
A lot of investment property in Atlanta can be purchased at an affordable price. There’s also tremendous potential for value. Five years ago, we didn’t have a lot of owners who were willing to do upgrades and updates to add value to their rental property. That’s different, now. In the last few years, rehabs have been happening consistently, and they’ve been pretty exciting.
Investors are moving forward. They’re buying properties for pennies, adding a little money to the investments, and earning a lot more in rent. This is a trend that’s happening throughout the Atlanta market.
Atlanta is definitely a market to consider if you’re an investor looking to buy the property and earn some great returns. A lot of the investors buying in Atlanta don’t live here.
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