If you’re a commercial property owner, you probably have two things in mind: generating plenty of revenue to create profit and keeping your property’s value high. So, guess what? You can solve both your objectives by regular property maintenance. If you’re proactive, your property will stay in top shape, generate revenue and prevent you from wasting money and time on unnecessary expenses.
However, maintaining a commercial property isn’t easy. There are many things to address, but you can prevent getting overwhelmed by solving issues on a regular basis instead of letting them pile up and swallow you. So, follow these simple yet effective tips that will help you keep your commercial property in great shape for years to come.
Your interior is one of the most important things in your entire property. It needs to showcase value and be more than just presentable, but as attractive as possible. If you’re leasing your place, you know that proper interior maintenance includes cleaning and maintaining lighting, furnishing, wall paint and flooring. If you want to be safe, make sure to keep your entire environment safe and tidy for your commercial tenants.
Leaving any broken fixtures exposed for a longer period of time will not only lead to extra expenses but can even result in injury and lawsuit, so don’t risk anything. Damaged and malfunctioning fixtures (broken lights, windows, damaged doors and door handles) will also give your building a shabby look no one will want to invest in. So, as soon as you or your tenants notice any issues, make sure to address them in order to avoid a backlog of work and unhappy leasers.
Often neglected, exterior maintenance needs to be near the top of your list of important components that you need to keep properly maintained. The thing about exteriors is that they are the first thing customers notice, so if you don’t provide people with something beautiful, they will just hit the next more attractive place. Make sure to inspect your property from the outside regularly and note down any areas that need to be replaced and repaired.
Things like window glass, signs and paint are especially important to keep in top shape. If there are things to be handled, just find a reputable company that offers crane hire and you’ll have a tool that will allow you to handle everything from construction and removing heavy things to building and park maintenance. These can be very handy during landscaping and any other outdoor work. One easy thing you can do is ensure your shrubbery and trees aren’t overgrown. This is very easy yet leaves a great effect on customers and tenants.
Parking, driveways and roofing also require regular inspection. Any cracks or potholes in sidewalks and parking lots are safety hazards and need to be handled. Investing in a power washer is also a great idea. These are quite affordable yet can be used for many things from washing your façade to cleaning sidewalks, windows and outdoor furniture.
Utilities and facilities
Every commercial property owner has the responsibility to maintain areas like elevators, escalators and break rooms clean and functioning. All utilities like air conditioning and water heaters need to work as well. The best way to ensure these are functional is to follow your warranty recommendations and get experts to inspect your utilities every year. This will save you a lot of money and complaints in the long run.
All commercial property restroom maintenance also needs to be handled. Providing your employees and customers with a clean environment is crucial for their health, but it also showcases that you’re a responsible and committed landlord. You might want to invest in features like touchless toilets, hand-dryers and automatic sinks to eliminate germs. These additions can often save money while showing customers, clients and tenants that you care.
Another key part of your commercial property maintenance is safety and it should never be neglected. Every property owner needs to think about safety concerns like fires, especially in areas that get a lot of traffic every day. So, ensure all your fire extinguishers are in working condition and properly placed. Also, ensure your smoke and fire alarm systems are up and running (replace batteries regularly)
You might also want to have an expert come and take a look at your wiring, breakers and appliances once a year. Faults in electrical appliances or wiring are one of the most common fire triggers in commercial building (they spark almost 25% of all fires). Unless you’re trained in handling electricity, this is something that needs to be left to experienced people! You might also consider hiring professional security safeguards and investing in surveillance systems—it’s something your tenants will greatly appreciate.
While there are many different parts to maintaining a commercial space, these easy tips will definitely help you create a safe, clean and inviting facility people will love to lease. First impressions are everything, so make sure to leave a good one!