What Does the Term Turnkey Mean on a Real Estate Listing?
The world moves fast. In the world of digital communication, social media, and the Internet, business ideas can move from conception to life very quickly. Leasing a traditional office space, however, can take some time, especially if there are necessary improvements before the new client can begin business in their new office space. How then, do you find an office rental to accommodate your needs if time is of the essence? A turnkey commercial space may be your solution. “Turnkey” is a term often heard when renting a commercial space, but what does it really mean? A turnkey listing, regarding commercial real estate, is a commercial space that is mostly or wholly prepared for occupancy. This means that many or all features of the space are in place and in…