For Owners
Should You Sell Your Commercial Property?
The question is not whether the market is good. It is whether this property still serves your plan.
You have owned the property for years. It has paid you, and now something has changed: a lease is ending, a large repair is coming, or you want less work and more certainty. Selling is one of four choices. Compare all four with your own figures before you decide.
Review Buyer Interest in My Commercial Property · (786) 914-1017
Your first step: Commercial Property Value and Buyer Match Review
Start With a Commercial Property Value and Buyer Match Review
Investors and owner users price your building three ways: against the competition, against closed sales and on its income, and the investor who buys it may already be working with BreakThru Realty. The review shows you all three prices, where they meet, whether the property fits the acquisition requirements investors have given us, and the ways to sell that fit your timing and your tax position.
What you receive
- A check of the property against the acquisition requirements investors have given us: location, asset type, budget, occupancy, income and return, with no investor named
- A broker's opinion of value from closed sales, competing listings and, for an income property, the rent roll and the cap rates buyers are paying
- The documents buyers and lenders will ask for, and which to prepare before listing
- Disposition options: open market sale, confidential sale, sale leaseback or a 1031 exchange, with the tradeoffs
- The buyer profile for your property type and how we would reach it
- A written summary of the figures behind the opinion, with an estimate of your proceeds where the figures you share allow one
What happens next
- Tell us the address, the property type and how the building is occupied.
- A commercial agent pulls the closed sales and the competing listings, checks the investor requirements on file and prepares the review.
- We call within one business day to walk through it.
- You decide whether, when and how to sell.
Free and confidential. It is a broker's opinion of value, not an appraisal, and we never publish an estimate for a specific property. A potential investor match is a conversation, not an offer, and no investor learns about your property without your consent.
Review Buyer Interest in My Commercial Property · How commercial property is valued
Four Choices, One Starting Figure
You can hold the property, refinance it, sell it, or exchange it for another. Each choice starts from what the property is worth today and what it nets each year. With those two figures you can work out your return on equity: the yearly cash the property pays you divided by the cash you would walk away with if you sold. If that return is lower than what you could earn elsewhere at similar risk, the property is costing you money to keep.
Signs It May Be Time to Sell
None of these decides the matter alone. Several together usually do.
- Leases expire soon and renewals are uncertain. A property sells for more with term left on its leases.
- A roof, parking lot or building system needs replacing, and you would rather not fund it.
- Your return on equity has fallen as the property gained value.
- Managing the property takes more time than you want to give.
- A loan matures soon, or partners or family want their capital.
Signs It May Be Better to Hold
Holding makes sense when strong tenants are on long leases with rent increases, when the debt is low or fixed at a good rate, when a sale would produce a large tax bill with no exchange planned, or when a lease about to be signed would raise the value. A property can be worth more to you than to any buyer.
Retiring From Ownership
Owners who want income without management have several routes. A 1031 exchange into a property leased to a single tenant on a net lease can defer the tax and reduce the work. Federal rules give you 45 days from the closing of your sale to identify the replacement and 180 days from that same closing to complete the purchase, or until your tax return for that year is due if that comes first. Seller financing spreads the proceeds over years and can spread much of the tax on the gain, although tax tied to depreciation can come due in the year of the sale. If your own business occupies the building, a sale leaseback turns the equity into cash while the business stays. A tax adviser should review any of these before you list.
Selling More Than One Property
Owners of several properties choose between selling them together and selling them one at a time. A package can attract larger buyers and close once. Separate sales let each property reach the buyer who values it most. The pricing review shows the figures both ways.
How BreakThru Realty Helps You Decide
A broker first checks your property against the requirements commercial buyers have given us, so you learn whether a buyer may already be looking for what you own. If no buyer on file fits, the review shows how the property would reach the wider market. You also receive the value from closed sales and income, as of the date of the review. The recommendation follows your objective, and it may be to hold.
Related Pages
Questions you may be asking
- Do you already have a buyer for my building?
- We say so only after a specific investor has reviewed the property and confirmed interest. The review first checks your property against the acquisition requirements investors have given us and tells you, under confidentiality, whether anything fits. If nothing does, it sets out how we take the property to the wider market.
- Can the sale be kept confidential?
- Yes. Financials go only to buyers who sign a confidentiality agreement, tours are by appointment, and a tenant occupied building can be marketed without disturbing the tenants. The review sets out the options and the MLS rules that apply.
- What does it cost to sell?
- The commission is negotiable and agreed in writing in the listing agreement before anything is marketed. Other seller costs usually include title and closing charges and Florida documentary stamp tax on the deed; your closing agent confirms the figures.
- I am thinking about a 1031 exchange.
- Tell us before you sign anything: the exchange has to be set up before the sale closes. The review covers the timing, and your CPA and a qualified intermediary handle the tax side.
- How long will it take?
- Longer than a home. Pricing, marketing, a due diligence period that commonly runs 30 to 60 days and financing all take time. The commercial market pages show how long listings like yours have been on the market today.
Request a Broker Pricing Review
On this page you can tell us: the address, occupancy, leases and net operating income, any loan on the property, what you want next: income, cash or less work.
Call or text (786) 914-1017 or email sales@breakthrurealty.com. A licensed BreakThru Realty agent follows up within one business day.
Your Next Commercial Buyer May Already Be Working With BreakThru Realty
Investors, owner users and business owners across Florida work with BreakThru Realty with defined requirements: the asset type, the size, the location, the price and the return they need. If you own commercial property, a broker can review it against those requirements before you list, and if no buyer on file fits, explain the marketing that reaches the rest of the market.
Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.
Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty
A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.
Frequently Asked Questions
- Is now a good time to sell my shopping center?
- It depends on your center more than on the headlines. Remaining lease terms, tenant strength and recent closed sales of similar centers nearby decide what a buyer would pay today. A broker's review shows those figures as of the date it is prepared.
- How do I find out what my commercial property is worth?
- Ask for a broker pricing review. A licensed agent values the property three ways: against competing listings, against closed sales and on its net operating income, and shows you the figures in writing.
- What taxes apply when I sell a commercial property?
- Federal tax generally applies to the gain and to depreciation taken during ownership. A 1031 exchange can defer both when the rules are met. The amounts depend on your own situation, so consult a tax adviser before you list.
Commercial Services
Selling by Building Type
- Sell a Warehouse
- Sell an Industrial Building
- Sell a Shopping Center
- Sell an Office Building
- Sell a Medical Office Building
- Sell an Apartment Building
- Sell a Retail Building
- Sell a Mixed Use Property
- Sell a Specialty Property
- Sell a Self Storage Facility
- Sell a Mobile Home or RV Park
- Sell a Gas Station or Convenience Store
Owner Situations
Calculators
Commercial Guides
- Gross, Modified Gross and Triple-Net Leases
- CAM Charges Explained
- Tenant Improvement Allowance
- Personal Guarantees
- From Letter of Intent to Lease
- Zoning and the Certificate of Use
- Phase I Environmental Site Assessment
- SBA 504 Loans for Owner-Users
- Opportunity Zones in Florida
- The Live Local Act for Owners
- Commercial Closing Costs in Florida
- Commercial Property Tax in Florida
- Lease or Buy Your Business's Space?
- How Commercial Property Is Valued
- How to Buy Commercial Real Estate
- Buying a Warehouse or Industrial Building
- Buying an Office or Medical Office Building
- Buying a Retail Building or Shopping Center
- Buying an Apartment Building
- Buying a Mixed Use Property
- Buying a Self Storage Facility
- Buying a Gas Station or Automotive Property
- Buying a Leased or NNN Investment Property
- Buying Commercial Land or a Development Site