Feasibility studies

Feasibility Studies: Ensuring Informed Decisions

Making informed decisions is crucial for any commercial real estate venture. Whether you’re a developer, a landlord evaluating a new property, or a tenant considering a lease agreement, understanding the fair market rent is critical when potentially entering into a long-term commitment. At Cogito, our comprehensive feasibility studies service, provides you with the data-driven insights you need to make confident choices.

Market Rent Studies: The Cornerstone of Informed Decisions

Market rent studies often play a vital role in comprehensive feasibility studies. A market rent study is a professionally developed report that provides an objective, data-driven opinion of fair market rent for a specific property. This analysis, conducted by Cogito’s qualified professionals, equips you by:

Market Analysis: We delve into the local market, analyzing comparable properties in terms of size, location, amenities, and current rental trends.
Rental Rate Comparisons: Our study compares your property’s rent to similar properties, establishing a benchmark for fair market rent. Important adjustments such as concessions, fees and utility structures are carefully considered to develop a true net rent baseline
Supporting Data and Documentation: The report includes all the data and sources used to reach the market rent opinion, ensuring transparency and credibility.
Landlords:  By understanding fair market rent, you can:
Optimize Rental Income: Market rent studies help you set competitive rental rates, maximizing your potential income from the property.
Support Investment Decisions: When evaluating a new property, a market rent study informs your decision-making by highlighting potential weaknesses or opportunities in the rental income stream.
Tenants: Understanding fair market rent allows you to:
Negotiate Favorable Lease Terms: Armed with market data, you can negotiate for a lease that reflects the property’s true value, potentially saving money.
Evaluate Leasing Feasibility: Market rent studies inform your feasibility studies, helping you determine if a proposed lease aligns with your budget and business goals.
Feasibility Study: Well developed market rent studies are the foundation of expanded feasibility analysis in which myriad additional market factors such as development costs, risk, expense trends and investor sentiment are researched and analyzed to arm you with a solid data foundation. This will provide you with an important tool for discussions with outside equity partners, to manage internal expectations and more.

Cogito: Your Partner in Effective Feasibility Studies

With this goal in mind, at Cogito we offer:

Experienced Professionals: Our team is comprised of experienced analysts who understand market dynamics and can accurately assess the competitive aspects of your specific property.
Data-Driven Approach: We rely on reliable and up-to-date market data to ensure our studies are credible and defensible.
Customized Reports: Our market rent studies are tailored to your unique property and feasibility study needs, providing focused insights.
Seamless Integration: We integrate all of the key data points into a comprehensive feasibility study, offering a holistic view of the project’s potential.
Informed Investment Decisions: Market rent studies, integrated within your feasibility study, provide the data you need to make informed choices about your commercial real estate venture.
Streamlined Process: Our team handles the research and analysis, allowing you to focus on other crucial aspects of your project.
Contact Cogito Today (213) 519-7533

Don’t embark on a commercial real estate venture without the confidence of a professional market rent study or expanded feasibility study. Let our expertise guide you towards informed and successful decisions.