A commercial property is one of the most valuable assets a person can have in their real estate portfolio.
If you’re lucky enough to own one, it’s in your best interest to preserve its aesthetics and functionality to maintain and grow its market worth. One way you can do just that is by installing a high-quality shade structure.
A nice shade structure can transform a drab and ordinary-looking building into an appealing and attention-grabbing architectural piece.
Besides being a grand-looking fixture for tenants and passers-by to gaze at, it also provides numerous other functions that can make your commercial property stand out in the local real estate market.
Hop on board; let’s explore a few reasons why strategically utilizing shade can be financially beneficial to your commercial property.
Let’s begin.
1. It Makes Your Curb Look Nicer
There’s no denying the fact that first impressions last. This judgment doesn’t only apply to people; it also applies to buildings and pieces of architecture.
The very first thing prospecting tenants and clients will look at when they approach your commercial property is your facade and curb.
If your curb is well-maintained and carefully thought out, it signals to buyers that you’re invested in the looks of your space, which can increase your reputation and solidify your professionalism in their eyes.
While there are many ways to enhance curb appeal, like arranging pathways, illuminating paths, and landscaping the front lawn, another way to enliven your curb is by installing a shade structure.
A shade structure, being a predominantly external fixture, can be decorated in tandem with the building design to enhance your property’s overall image.
This can be attributed to the fact that many shade structures like Greenline’s shade structures come in various colorways, materials, and sizes, granting commercial property owners the freedom of their shade structure’s design.
While making a purchasing decision mainly uses the thinking part of the brain, a shade structure can beautify a space and convey positive feelings to prospecting tenants. This enhanced visual appeal can also lead to increased foot traffic from people walking or driving past the area.
This, in turn, can transform your property into a potent tenant magnet, or at the very least, differentiate your property from others within the vicinity. This can encourage new clients and tenants to come in at a faster pace than they otherwise would.
2. It Protects Your Assets
While land tends to appreciate over time, a building structure and exterior assets can deteriorate, become dilapidated, and lose their luster throughout the years. This is especially true if these assets are made of shoddy material and/or are constantly barraged by heat and rain exposure.
Benches, outdoor tables, and basketball courts are some examples of fixtures that can all suffer from accelerated degradation when exposed to the elements. As such, if you want to increase the longevity of these assets, then consider installing a shade structure for additional protection.
A shade structure, as the name implies, shades your equipment and fixtures from harsh UV rays and downpours. This makes them less prone to rusting and cracking over time, which can help you maintain a nice, sleek, and new look to your property for years if not decades.
Over time, your shade structure may even pay itself off due to the lowered need for constant repairs and maintenance for your items. This can help in both preserving your capital and appealing to clients who may consider your commercial property for their own business needs.
Besides protecting property assets, you can also protect inventory and products that you or your tenants plan to set up outdoors. The guarantee of good inventory condition from the shade structure can be appealing to tenants, which can result in continued patronage of your business and a smooth business relationship in general.
3. It Keeps People Safe and Comfortable
Shade isn’t only beneficial to objects, it’s also a good way to keep your patrons safe, comfortable, and happy.
For one, a large shade structure (like a star-shaped structure) allows for the continuation of outdoor-based events, rain or shine. For example, if you own a school and occasionally run an annual school-wide sports competition, then you can develop peace of mind knowing outdoor events will push through even if it’s the rainy season.
Besides the guarantee of weather protection, shade structures also help make a place simply feel more comfortable in general. During a competition, for instance, observers and players will both feel cozy thanks to the shade structure due to the lack of direct sunlight exposure.
When your patrons are happy and comfortable, they’ll naturally spend more time in your space and develop a good impression of it. This, in turn, can lead to continued patronage and even a marketing opportunity from positive word-of-mouth remarks.
4. It Enhances Land Utility
It’s no secret that buying land and property is expensive. And if you fail to maximize your purchase, you can end up losing more money than you’re gaining with your decision. Or at the very least, leave some potential revenue streams off the table.
If you want to make the most of your commercial property, install a shade structure to turn an ordinary lawn into something with actual utility. With some thoughtful renovations, you can create a variety of outdoor spaces, such as an outdoor function hall, a community gathering spot, a sports field, or a pool.
There’s a tonne of versatility you can incorporate into your property with a simple shade structure addition.
By installing it, you can even capitalize on it and rent out the space for occasional events to tenants or potential clients. This not only helps you rake in more money, but the added functionality can also capture the attention (and payments) of high-tier clientele.
5. It Secures Customer Health
You definitely wouldn’t want to be morally and financially responsible for injuries or illnesses that arose from your carelessness in managing your property.
If your space is prone to natural events like heat waves or volatile weather conditions, then you should prioritize making renovations to keep your patrons safe outdoors. One such renovation, of course, is a shade structure installation.
This structure helps keep your clients and their customers safe from poor weather conditions, shielding them from direct and constant exposure when they’re outdoors.
This protects them from harmful UV rays—which not only lead to sunburns but can also lead to skin diseases like sun spots and skin cancers. It also keeps your client’s customers from getting drenched in rain, which can weaken their immune system.
Keeping your customers and people within your building safe should be a top priority. As for the legal implications, you’ll be less at risk of being charged with negligence for promoting customer safety with the presence of a shade structure.
Having one isn’t a surefire way to avoid a health-related lawsuit (assuming the worst-case scenario, of course), but the presence of it can be a point in your favor.
6. It Increases Property Value
Commercial shade structures are major renovations. It takes months to see it to its completion and costs thousands of dollars for both labor and material costs.
Having said that, it’s not a one-and-done project. This structure lasts for years, potentially decades if you properly maintain it. It provides all the aforementioned perks passively, which helps retain a good quality of life for your clientele and provides an avenue for you to gain continued patronage of your business.
All these factors combined help make your property look more appealing in the eyes of investors. This can make your property more saleable when the time comes for you to liquidate it.
And even if you don’t plan on selling it in the short or medium term, a shade structure makes your place look more competitive in the local market. It adds a unique selling point that can draw new clients and help you keep the current ones.
This feature can keep your commercial property current, hip, and trendy, which can contribute to its resiliency even as new buildings pop up near the area.
