Commercial Real Estate FAQs | RE/MAX Commercial

Commercial Real Estate FAQs

If you’re buying, selling, or leasing commercial property in British Columbia, the details matter—lease structure, operating costs, zoning, due diligence, and timelines. Our team at RE/MAX Commercial put together the answers to the questions we hear most from owners, investors, and business operators in Kamloops & surrounding areas.

Whether you’re leasing a storefront, positioning an industrial property, renewing a tenant, or exploring a sale, we focus on a modern, transparent process—so you can move forward with clarity.

Commercial Sales Commercial Leasing Kamloops & Area British Columbia, Canada
Sales & Leasing Questions
What types of commercial properties do you work with?

We work with a broad range of commercial assets across British Columbia, including:

  • Retail (street-front units, plazas, restaurants)
  • Office (professional and medical)
  • Industrial (warehouses, light industrial, contractor bays)
  • Land (development and commercial-zoned opportunities)
  • Investment properties (multi-tenant income-producing assets)
What’s the first step if I’m considering selling or leasing?

Start with a short conversation. We’ll review your goals, timeline, and the basics of the property, then outline a clear plan for pricing, marketing, and next steps. If you’re leasing, we’ll discuss target tenant profile, term strategy, and how to present the space for maximum demand.

How do you determine asking price (or market rent) in Kamloops?

We combine comparable transactions, current availability/competition, demand signals, and the specific strengths of your asset (location, exposure, loading/parking, ceiling height, etc.). The goal is a strategy that creates momentum without leaving money on the table.

What’s the difference between a Net lease and a Gross lease?

In simple terms:

  • Gross lease: rent includes most operating costs (cleaner for tenants, less variable).
  • Net lease: tenant pays base rent plus some operating costs (often structured as “additional rent”).

Most commercial spaces in BC are structured to clearly define what’s included, what’s recoverable, and how increases are handled. We help owners choose the structure that fits the asset and tenant mix.

What are “NNN” (Triple Net) costs / additional rent?

“Additional rent” is a common commercial concept where tenants pay their share of certain operating costs (often things like property taxes, insurance, and common-area maintenance). The exact items depend on the lease. We focus on clarity so both parties know what’s recoverable and how it’s calculated.

How long does it usually take to lease a commercial space?

It depends on the asset and market demand—use type, condition, visibility, parking/loading, and pricing. Commercial leasing can take longer than residential because tenants often need approvals, financing, build-out planning, and sometimes permits. A clear strategy and tight marketing helps reduce downtime.

Do you help with renewals, expansions, or tenant relocations?

Yes. Renewals and expansions are often where value is protected or created. We can help structure terms, evaluate market rent, and negotiate a path that makes sense—whether the goal is retention, repositioning, or upgrading the tenant mix.

Can you help a business find the right space to lease?

Absolutely. We help tenants compare locations, evaluate lease structures, and understand key variables (operating costs, term length, renewal options, and responsibilities). The goal is a space that supports the business long-term—not just a quick move.

Due Diligence & Process Questions
What documents are commonly needed when selling a commercial property?

It varies by asset type, but common items include lease summaries, rent rolls (if applicable), operating cost details, and any relevant plans or reports. For income properties, buyers often want to understand income, expenses, and lease terms clearly. We’ll guide you on what to compile to keep the process smooth and credible.

What’s the difference between an LOI and a Lease?

An LOI (Letter of Intent) outlines key business terms before the formal lease is drafted. The Lease is the full legal agreement. A strong LOI reduces confusion and speeds up lease drafting. We focus on making the LOI clear so the deal doesn’t stall later.

Do you advise on tenant improvements (TI) and build-out terms?

Yes. TI/build-out terms can change the economics of a lease. We help structure practical terms around build-out timing, contributions (if any), and responsibilities—so expectations are clear and the project stays on track.

Do you handle zoning questions and permitted uses in BC?

We help identify the right questions early—especially around intended use, zoning, and approvals. For anything technical or legal, we recommend confirming with the municipality and qualified professionals, but we’ll guide the process so you’re not guessing.

Do you work with out-of-town investors or owners?

Yes. Many owners and investors aren’t local day-to-day. We build a clear communication plan, keep information organized, and make it easy to make decisions remotely—without losing momentum.

How do you market commercial listings differently than residential?

Commercial marketing is about reaching decision-makers and presenting the right information: use, zoning context, exposure, parking/loading, term potential, and clear deal structure. It’s less about “pretty photos” and more about “why this works” for the right buyer or tenant.

Note: Commercial real estate terms and requirements can vary by property type, municipality, and deal structure. This FAQ is general information for British Columbia and is not legal advice. If you have a specific scenario, reach out and we’ll help you map out the right next steps.

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