Commercial Services
Full-service support for commercial buyers, sellers, landlords, and tenants
Property Search
Access to commercial listings including off-market opportunities
Market Analysis
Comprehensive data on rents, vacancies, and market trends
Lease Negotiation
Expert lease structuring and negotiation for optimal terms
Transaction Management
End-to-end support from LOI through closing
Marquette Commercial Market
Current market conditions and benchmarks for commercial real estate
Average Office Rent
$12-18/sq ft
Triple net basis
Retail Vacancy
~5-8%
Downtown Marquette
Typical Cap Rate
7-9%
Varies by property class
Average Lease Term
3-5 years
With renewal options
Pro Tip: Location Matters Most
In Marquette, downtown and Third Street corridor properties command premium rents due to foot traffic and visibility. However, highway-adjacent locations near US-41 offer better value for businesses that don't rely on walk-in traffic. Consider your customer acquisition strategy when choosing location.
Property Types We Handle
Whether you're looking to buy, sell, or lease commercial space, I have the expertise to guide you through the process with local market knowledge and professional service.
Zoning Quick Guide
Understanding Marquette's commercial zoning classifications:
C-1 (Local Commercial)
Small retail, professional offices, personal services
C-2 (General Commercial)
Larger retail, restaurants, entertainment, automotive
C-3 (Highway Commercial)
Big-box retail, hotels, gas stations, car dealerships
M-1 (Light Industrial)
Warehouses, light manufacturing, flex space
Why Work With Me?
- Deep understanding of Marquette County's commercial market and local business community
- Data-driven approach to pricing, lease negotiation, and investment analysis
- Strong relationships with local landlords, property managers, and business owners
- Experience with complex transactions including sale-leasebacks, 1031 exchanges, and multi-property deals
Frequently Asked Questions
How long does a commercial transaction typically take?
Commercial transactions typically take 60-120 days from accepted offer to closing, depending on due diligence requirements, financing, and complexity of the deal.
What due diligence should I conduct?
Key items include environmental assessments (Phase I/II), title review, survey, zoning verification, lease audit, financial review, property condition assessment, and utility verification.
How are commercial properties valued?
Commercial properties are typically valued using income approach (cap rate), comparable sales approach, and/or cost approach. The income approach using NOI and cap rate is most common for investment properties.
What lease terms should I negotiate?
Key terms include base rent, CAM charges, lease length with options, tenant improvements, exclusivity clauses, assignment rights, and rent escalation schedules.