Unique Real Estate: What is it?

What is Unique Real Estate?

Real estate investment comes in many different forms, and there’s a bunch of financial solutions for every type. The trick is finding the right fit.

What Are the Different Types of Commercial Real Estate?

There are three types of commercial office space: Class A, Class B, and Class C. Each of these classes denotes a specific target of the market, with Class A properties yielding higher rent and offering a superior space with high-end finishes and amenities. When a property fits into Class C, it’s usually a low-rent option that’s meant to be purely functional. As you might guess, Class B properties fall right in the middle.

Like office space, industrial properties have distinct categories that define their intended purpose. Flex properties allow for both offices and manufacturing space. A distribution center is usually categorized as a bulk warehouse, while light-assembly facilities give you space both to store inventory and do minimal product assembly. Lastly, heavy manufacturing properties are customized to run a large-scale production.

The last type of commercial real estate, is special-purpose properties (Unique Real Estate). This class covers any property that doesn’t fall into any of the other categories.  Building such as;

Warehouses

Places of worship

Bowling alleys

Car washes

And everything between.

So, which is the best investment option? I guess that depends on how you intend to generate revenue from the property. Is it purely and rental investment, or will it become your primary business location? Either way it’s important to consider the bigger picture of property returns in the area you are considering. There’s a lot of factors that can affect the viability of unusual properties and the finance options are as diverse.

We have particular expertise in securing finance for unusual properties. We will help you evaluate the viability of the property in relation to securing finance and then find the right lender to fit your needs. Unusual properties can yield fantastic returns, our job is to ensure you find a financial product for today and tomorrow.

When the big banks say no, FitUFinance can help. Call us today! 516.268.0350