| Questions
to ask about Local San Jose Market Conditions:
• Do local economic conditions match national
trends? If not, what special conditions prevail?
• How does the income from a prospective investment
compare with other comparable properties in the area
on a per-square-foot basis?
• Is competition anticipated at existing rental
rates? At what rate will it begin?
• Is there potential for future competition at
or below the property's rental rates?
• What new construction is planned or underway?
• What has happened to land values over the last
several years? Comparable building values?
• What is the vacancy factor in the area?
• What is the absorption rate?
• At what point in the real estate cycle is the
local market?
• What is the financial community's attitude about
commercial real estate investments?
• What equity requirements do lenders have?
• What property type preferences have they shown?
• Are financing prospects better for existing
properties than for new construction?
Contact
us for more info on San Jose CA Commercial Real Estate
- Local Market Conditions
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