If you’re a commercial property owner, you know that finding quality tenants is essential to your success. It can be challenging to fill open spots in your commercial properties, but some of these lesser known and cost-effective methods might just do the trick.
In this blog post, we will discuss five creative ways that you can reach more tenants for your commercial property!
1. Social Media Advertising
Let’s start with the obvious – social media! Advertising in the sense of paid and unpaid. Simply highlighting available units through your social channels is a great way to keep available units top of mind. Utilize platforms like Facebook, Instagram, and Twitter because sharing is quite easy when your audience- even encourage them to tag or share with someone that might be interested could be all it takes. Here’s an example of a flyer you could make for a social media post:
Click this link to use this Canva Template
2. Referrals from Existing Tenants
Your existing tenants can be one of your greatest resources when it comes to finding new tenants. Word of mouth referrals are one of the best ways to find qualified tenants. Consider offering an incentive, such as a discount on rent, to any tenant who refers and is able to fill a vacant spot. Plus, friends love working near friends so it could be a great way to capture two tenants for the long haul.
3. Market to Complementary Businesses
Are there any businesses that would be complementary to your current tenant roster? Reach out and let them know about your property and what it has to offer. For example, if you have a technology company as a tenant, seek out other tech businesses that could benefit from collaborating with them. Or perhaps you have a lunch sandwich shop? That might be a great opportunity to seek out a coffee or breakfast place as well.
An easy way to get a list of businesses to send flyers to would be to hire someone on Fiverr.com and have this virtual assistant create a document with complementary businesses in the area.
4. Offer To Host An Event There
If you reach out to the Omaha Chamber of Commerce or any other professional associations– they likely need a space to host a meeting. Offer to host it for free or at a discount simply for allowing your business to advertise to their audience that the space is available for rent.
Heck, you could even advertise hosting it as a sponsored post on Facebook and screen it for the “right” candidate that could bring in potential lessees.
We hope these creative tips will help you get more tenants for your commercial property. If you’re a property manager in Omaha and ever need a free commercial roof evaluation, please feel free to email us at info@armourroofco.com or fill out our contact form.