Main / Commercial / Blog / The Importance of a Preventative Commercial Property Maintenance Plan
The Importance of a Preventative Commercial Property Maintenance Plan

The Importance of a Preventative Commercial Property Maintenance Plan

A preventative commercial property maintenance plan can save your company money and increase your property value.

As a property owner or facilities manager, it is important to ensure that your commercial property is properly maintained in order to keep it running smoothly, ensure safety for all occupants and visitors, extend the life of your property, increase the attractiveness of your business to customers and even potential buyers, and increase the overall value of the property.

Routine maintenance and upkeep are essential for the success of any business. Failure to recognize signs and symptoms of disrepair or to invest in proper maintenance and repairs can have serious consequences. Property damage, tenant dissatisfaction, and liability are just a few of the potential issues that can arise without a maintenance plan. Proper maintenance also has a direct impact on the overall value of the property, making it an important factor that must not be overlooked.

The first step in maintaining a commercial property is having a good preventative maintenance plan in place. This should include regular inspections, preventative services, and ongoing general repairs and maintenance. Service contracts can be a good way to ensure that necessary repairs are made in a timely fashion, by a company that is familiar with yours. Regular inspections can help you to identify potential problems before they become serious and lead to more expensive repairs. Investing in preventative care now rather than reactive or emergency repairs later saves you money because those "small" problems can turn into larger problems that in turn lead to costly damage and liability issues. An employee who slips and falls on an icy sidewalk, structural damage caused by water leaking from overflowing gutters, equipment damage resulting from broken cabinets, a pest problem due to exterior trash cans not being properly cleaned… these are just a few examples of the costly result of a facility that hasn't been properly maintained.

Repainting, pressure washing, gutter cleaning, trash removal, general repairs, landscape maintenance, snow removal, and parking lot maintenance are all essential to keeping the exterior of your organization's property looking its best. And although you could hire several companies to handle different aspects of your property maintenance, it's best to have one company do it all. This company will get to know your business, your schedule, and your specific property characteristics and repair needs, and your maintenance expenses may end up being lower if one company handles it all.

A well-maintained commercial property is also more attractive to potential buyers and can increase your property's value. If you're planning on selling your property, you may be able to fetch a higher price.

Taking the time to invest in both preventative and planned maintenance is a great way to increase the longevity and appeal of your commercial property. From regular inspections and preventative services to ongoing and emergency repairs, there are many ways to keep your property in good condition and make it safer, more attractive, and more valuable.

More Blogs
TCP Mulligan Coalition
TCP Mulligan Coalition: Helping Conquer Mental Illness and the Opioid Crisis One Stroke at a Time
South Jersey Commercial and Residential Property Solutions