Commercial Rental Listing Agent
I'd love to know what people think about listing commercial properties for lease with a listing agent.
I have a 3,000 square foot store front in New Orleans I'm almost done rehabbing (it's been a process!). It'll probably rent as a small grocery or a restaurant, around $5000 per month I imagine.
How do people feel about listing commercial rentals with agents? I'm worried about being locked in a contract and then it not renting and still having to pay a commission if I have to end up doing the listing myself. Also, 5% commission to the agent on the entire lease, 6% commission if the buyer has an agent.
Any insight is appreciated, especially if you have experience using a listing agent for your commercial rentals.