Landlord Representation

Our team works with top leasing agents, highly educated financial analysts, and senior property managers to advise on building operations and systems. We focus on creating value and solving problems – so that you seize the best real estate market opportunities.

At Gonyea Commercial, we’ve adopted a proactive marketing strategy that leverages each property’s unique attributes. This allows us to deliver leasing results that consistently outperform the market.

What is landlord representation?

Professional landlord representatives are commercial property brokers who are responsible for ensuring the property owner incurs the smallest amount of risk possible. To do this, the landlord representatives handle a variety of tasks, from market research to lease negotiations and beyond.

What costs should I consider as a landlord?

There are many expenses that go into managing a commercial property. Some of the most common costs to expect include:

• Mortgage
• Insurance
• Taxes
• HOA fees
• Rental licenses
• Inspection fees
• Building maintenance costs

These fixed amounts will account for most of the costs of being a landlord. However, the specific expenses will depend on your location, the property type, and many other factors.

What do our main landlord services include?

Gonyea Commercial offers a wide range of landlord representation services. Our top offerings include local market analysis, lease negotiations, marketing program development, and tenant management.

If you have a question about any of our landlord services, please don’t hesitate to contact Hunter Stanek at 612-500-7997 or [email protected].

How can I minimize my risks as a landlord?

Owning and renting commercial property always comes with some risk – but there are ways to minimize your potential problems.

One of the best ways to do that is by thoroughly screening any and all tenants before accepting their deposits. We help landlords assess, interview, and select the best tenants for their buildings, which in turn minimizes the risks of late payments and damaged property.

How can you help distinguish my property from others on the market?

At Gonyea, we help many commercial property owners set their buildings apart from the competition. We do serious homework on the area, and we know how to differentiate your building from others that may seem similar.

It’s all about understanding your property’s unique value, as well as implementing the right branding strategies. To learn more, contact us today.

How do I secure the best tenants for my commercial real estate property for lease?

We completely understand how damaging a poor tenant can be. Although there’s no way to select the “perfect” tenant, we’ll help you increase your odds by running detailed tenant screenings and doing our homework on each applicant.

Our goal is to help you find tenants that will…

• Will pay on time
• Look after your property
• Have good credit scores
• Can show proof of income
• Respect you and other tenants

How does my long-term investment strategy inform the lease objectives for my property?

As landlord representatives, it’s our job to help you understand why you purchased a rental property and how it’s going to support your long-term goals. To do this, we’ll assess the property’s fundamentals – its place in the market, its cash flow potential, and its potential risks.

From there, we’ll work with you to implement strategies that support your overarching investment goals. This could include ongoing tenant contracts, property improvements, solving vacancy issues, or better advertising your property in the local community.

When would be a good time to consider subleasing?

Are you thinking of allowing a tenant to sublet (or sublease) their rental? We’ll help you with all of the paperwork, but we’ll also help you determine if it’s a good idea. We’re your representatives, which means we’ll advise you on situations like this and take care of all the necessary details.

How will Gonyea protect my commercial real estate property investment?

Our team’s ultimate goal is to ensure your rental property is successful and profitable. We’ll protect you from gaps between tenants, as well as other risks that could jeopardize your income, such as disrespectful or non-paying tenants.

Why is Gonyea Commercial the best commercial real estate broker to handle my needs?

At Gonyea Commercial, we’ve established a local reputation as experts in commercial real estate. We know what it takes to turn a profit on a building, and we’re here to help you maximize your profits from your Minnesota commercial property listing.

We don’t just help you manage tenants –we assist with negotiation s, market research, documentation, and more. When you work with us, you can rest easy at night, knowing we’ve got everything covered.