Your Trusted Houston Commercial Real Estate Brokerage

Viking Enterprise LLC is part of eXp Commercial, an agent-led, cloud-based commercial real estate brokerage with agents across the globe.

Your Trusted Katy / Fulshear & Houston Commercial Real Estate Brokerage

Viking Enterprise LLC is part of eXp Commercial, an agent-led, cloud-based commercial real estate brokerage with agents across the globe.

Looking to invest, buy, sell or lease? We can help.

Looking to invest, buy, sell or lease? We can help.

OUR FEATURED TENANTS & CLIENTS

eXp Commercial - Viking Enterprise Team's real estate network provides unparalleled commercial real estate services to Tenants and Landlords around the Katy- Houston area. Our knowledge, experience, and reputation sets us apart from many firms.


A commercial property owner might have various plans that would necessitate the services of a commercial real estate broker. Some of the common scenarios include:

1. Selling the Property: If the owner decides it’s time to sell the property, a commercial real estate broker can help determine the market value, market the property effectively, and negotiate with potential buyers to get the best possible price.

2. Leasing Space: For property owners looking to lease out part or all of their commercial space, a broker can help find suitable tenants, negotiate lease terms, and ensure the lease agreements meet all legal requirements and serve the owner’s best interests.

3. Acquiring More Properties: Owners looking to expand their portfolio would benefit from a broker's knowledge of the market, access to listings, and negotiation skills to secure additional properties at favorable terms.

4. Property Management: While not all brokers offer this service, some commercial real estate brokers or their affiliates offer property management services. This can be particularly appealing for owners who prefer a hands-off approach or are managing properties from a distance.

5. Market Analysis: Owners considering future developments, renovations, or rebranding of their property might engage a broker for a comprehensive market analysis. This helps in understanding current market trends, the demand for different types of spaces, and potential returns on investment for various strategies.

6. Refinancing: In situations where a property owner is looking to refinance their property, a commercial real estate broker can provide valuable insights into the property’s current market value, assist in gathering necessary documentation, and even help in finding the best financing options.

7. Partnership or Investment Opportunities: Owners interested in exploring partnerships, joint ventures, or seeking investors for expansion or development projects might use a broker to find and vet potential partners or investors.

8. Consulting on Zoning and Use Changes: When contemplating a change in the use of the property or dealing with zoning issues, a broker with experience in local regulations and the specific property type can provide guidance and strategic planning assistance.

9. Exit Strategy Planning: For owners looking to plan an exit strategy from their investment, whether it’s through a strategic sale or a gradual winding down of operations, brokers can provide market insights, timing advice, and valuation services to optimize the exit process.

In any of these scenarios, the expertise and services provided by a commercial real estate broker can save the property owner time and money, while also providing access to a wider network of potential buyers, tenants, and industry professionals. Give us a call today!

Reviews

šŸ”Ø Renovate for Profit: How Smart Updates Boost Your CRE ROI šŸ“ˆ

šŸ¢ Maximize ROI with Commercial Renovations šŸ’° | CRE Investors Take Note! šŸš€

June 20, 2025•2 min read

šŸ”Ø Renovate for Profit: How Smart Updates Boost Your CRE ROI šŸ“ˆ


šŸ¢ Maximize ROI with Commercial Renovations šŸ’° | CRE Investors Take Note! šŸš€


🧰 Renovating Commercial Space for Maximum ROI

In the world of commercial real estate (CRE), strategic renovations can make the difference between a stagnant asset and a high-performing property. Whether you're a property owner, investor, or developer, knowing when and how to renovate can directly impact your return on investment (ROI).

Why Renovations Matter in Commercial Real Estate

Unlike residential properties, commercial spaces must adapt to shifting tenant expectations, zoning updates, energy-efficiency standards, and modern workplace or retail needs. Renovations—when done with clear goals—can:

Ā·         Increase rental income

Ā·         Attract higher-quality tenants

Ā·         Reduce vacancy rates

Ā·         Boost property appraised value

Ā·         Enhance financing opportunities

High-ROI Renovation Strategies

1. Curb Appeal and FaƧade Upgrades
First impressions matter. A modern exterior can increase foot traffic for retail properties or help office spaces stand out to potential tenants.

2. Interior Buildouts & Flexibility
Designing flexible floor plans appeals to a broader range of tenants. Consider ā€œwhite boxā€ spaces or pre-built units with updated HVAC, lighting, and restrooms.

3. Energy Efficiency Improvements
LED lighting, low-flow plumbing, better insulation, and upgraded HVAC systems save money long-term and make properties more attractive to eco-conscious tenants and lenders.

4. Common Area Enhancements
Upgraded lobbies, shared conference rooms, or kitchen areas add value in multi-tenant properties and elevate tenant satisfaction.

5. ADA Compliance & Safety Upgrades
Meeting updated codes can unlock government incentives and avoid legal risks.

Before-and-After: A Real Case Study

An older retail strip center in Katy, TX sat 40% vacant. With a $150,000 renovation budget, we:

Ā·         Modernized the faƧade and signage

Ā·         Added energy-efficient lighting

Ā·         Upgraded the parking lot and ADA compliance
Within 90 days, vacancy dropped to 0% and rental rates increased by 18%.

CRE Brokerage and Lending Implications

Renovated assets not only lease faster—they appraise higher. As a commercial broker, I often advise clients to renovate before refinancing to maximize loan proceeds. A higher Net Operating Income (NOI) boosts Debt Service Coverage Ratio (DSCR), improving financing options.

Final Thoughts

Don’t just hold commercial real estate—optimize it. Renovations aligned with tenant demand and market trends can yield substantial ROI and long-term value. If you’re unsure where to start, connect with a CRE broker who understands both value-add strategy and lending.


šŸ“© Ready to talk renovations or repositioning strategies? Let’s connect and run the numbers.


https://www.houstonrealestatebrokerage.com/

https://www.houstonrealestatebrokerage.com/houston-cre-navigator

https://www.commercialexchange.com/agent/653bf5593e3a3e1dcec275a6

http://expressoffers.com/[email protected]

https://app.bullpenre.com/profile/1742476177701x437444415125976000

https://author.billrapponline.com/

https://www.amazon.com/dp/B0F32Z5BH2


Ā© 2023-2024 Bill Rapp, Broker Associate, eXp Commercial Viking Enterprise Team


renovating commercial spaceCommercial real estate ROICRE INvestment strategyOffice and retail renovationsValue-add commercial real estatecommercial property upgrades
blog author image

Bill Rapp, CRE Broker

I am a Houston commercial broker, with residential experience, as well as a lending background. I have been in the real estate industry for 14 years and counting, and I have worked in many roles within the industry and each has given me a unique perspective of the industry as a whole. My dedication to clients is rooted in this industry knowledge, but also includes my desire to go the extra mile in networking to source off market opportunities for my clients. Me and my team at eXp Commercial have a cutting-edge technology package that gets the widest exposure for each transaction. eXp Commercial offers a nationwide network through which we can deliver the best exposure and professional advice to achieve our clients’ goals while also minimizing their risk. Clients appreciate my methodical method of discovery in our initial consultation. Through which we can get to know each other and their specific’s business’s needs and objectives on a granular level. Our processes help navigate each transaction and its potential pitfalls through to a successful outcome for our clients. It is my stated goal to provide our clients with extensive market analysis and expertise that fosters innovative solutions and rewarding commercial real estate opportunities.

Back to Blog

eXp Commercial - Viking Enterprise team real estate network provides unparalleled commercial real estate services to Tenants and Landlords around the greater Katy & Houston MSA area. Our knowledge, experience, and reputation sets us apart from many firms.

A commercial property owner might have various plans that would necessitate the services of a commercial real estate broker. Some of the common scenarios include:

1. Selling the Property: If the owner decides it’s time to sell the property, a commercial real estate broker can help determine the market value, market the property effectively, and negotiate with potential buyers to get the best possible price.

2. Leasing Space: For property owners looking to lease out part or all of their commercial space, a broker can help find suitable tenants, negotiate lease terms, and ensure the lease agreements meet all legal requirements and serve the owner’s best interests.

3. Acquiring More Properties: Owners looking to expand their portfolio would benefit from a broker's knowledge of the market, access to listings, and negotiation skills to secure additional properties at favorable terms.

4. Property Management: While not all brokers offer this service, some commercial real estate brokers or their affiliates offer property management services. This can be particularly appealing for owners who prefer a hands-off approach or are managing properties from a distance.

5. Market Analysis: Owners considering future developments, renovations, or rebranding of their property might engage a broker for a comprehensive market analysis. This helps in understanding current market trends, the demand for different types of spaces, and potential returns on investment for various strategies.

6. Refinancing: In situations where a property owner is looking to refinance their property, a commercial real estate broker can provide valuable insights into the property’s current market value, assist in gathering necessary documentation, and even help in finding the best financing options.

7. Partnership or Investment Opportunities: Owners interested in exploring partnerships, joint ventures, or seeking investors for expansion or development projects might use a broker to find and vet potential partners or investors.

8. Consulting on Zoning and Use Changes: When contemplating a change in the use of the property or dealing with zoning issues, a broker with experience in local regulations and the specific property type can provide guidance and strategic planning assistance.

9. Exit Strategy Planning: For owners looking to plan an exit strategy from their investment, whether it’s through a strategic sale or a gradual winding down of operations, brokers can provide market insights, timing advice, and valuation services to optimize the exit process.

In any of these scenarios, the expertise and services provided by a commercial real estate broker can save the property owner time and money, while also providing access to a wider network of potential buyers, tenants, and industry professionals. Give us a call today!

Find the perfect location for your business.

Let us help your business succeed.

šŸ”Ø Renovate for Profit: How Smart Updates Boost Your CRE ROI šŸ“ˆ

šŸ¢ Maximize ROI with Commercial Renovations šŸ’° | CRE Investors Take Note! šŸš€

June 20, 2025•2 min read

šŸ”Ø Renovate for Profit: How Smart Updates Boost Your CRE ROI šŸ“ˆ


šŸ¢ Maximize ROI with Commercial Renovations šŸ’° | CRE Investors Take Note! šŸš€


🧰 Renovating Commercial Space for Maximum ROI

In the world of commercial real estate (CRE), strategic renovations can make the difference between a stagnant asset and a high-performing property. Whether you're a property owner, investor, or developer, knowing when and how to renovate can directly impact your return on investment (ROI).

Why Renovations Matter in Commercial Real Estate

Unlike residential properties, commercial spaces must adapt to shifting tenant expectations, zoning updates, energy-efficiency standards, and modern workplace or retail needs. Renovations—when done with clear goals—can:

Ā·         Increase rental income

Ā·         Attract higher-quality tenants

Ā·         Reduce vacancy rates

Ā·         Boost property appraised value

Ā·         Enhance financing opportunities

High-ROI Renovation Strategies

1. Curb Appeal and FaƧade Upgrades
First impressions matter. A modern exterior can increase foot traffic for retail properties or help office spaces stand out to potential tenants.

2. Interior Buildouts & Flexibility
Designing flexible floor plans appeals to a broader range of tenants. Consider ā€œwhite boxā€ spaces or pre-built units with updated HVAC, lighting, and restrooms.

3. Energy Efficiency Improvements
LED lighting, low-flow plumbing, better insulation, and upgraded HVAC systems save money long-term and make properties more attractive to eco-conscious tenants and lenders.

4. Common Area Enhancements
Upgraded lobbies, shared conference rooms, or kitchen areas add value in multi-tenant properties and elevate tenant satisfaction.

5. ADA Compliance & Safety Upgrades
Meeting updated codes can unlock government incentives and avoid legal risks.

Before-and-After: A Real Case Study

An older retail strip center in Katy, TX sat 40% vacant. With a $150,000 renovation budget, we:

Ā·         Modernized the faƧade and signage

Ā·         Added energy-efficient lighting

Ā·         Upgraded the parking lot and ADA compliance
Within 90 days, vacancy dropped to 0% and rental rates increased by 18%.

CRE Brokerage and Lending Implications

Renovated assets not only lease faster—they appraise higher. As a commercial broker, I often advise clients to renovate before refinancing to maximize loan proceeds. A higher Net Operating Income (NOI) boosts Debt Service Coverage Ratio (DSCR), improving financing options.

Final Thoughts

Don’t just hold commercial real estate—optimize it. Renovations aligned with tenant demand and market trends can yield substantial ROI and long-term value. If you’re unsure where to start, connect with a CRE broker who understands both value-add strategy and lending.


šŸ“© Ready to talk renovations or repositioning strategies? Let’s connect and run the numbers.


https://www.houstonrealestatebrokerage.com/

https://www.houstonrealestatebrokerage.com/houston-cre-navigator

https://www.commercialexchange.com/agent/653bf5593e3a3e1dcec275a6

http://expressoffers.com/[email protected]

https://app.bullpenre.com/profile/1742476177701x437444415125976000

https://author.billrapponline.com/

https://www.amazon.com/dp/B0F32Z5BH2


Ā© 2023-2024 Bill Rapp, Broker Associate, eXp Commercial Viking Enterprise Team


renovating commercial spaceCommercial real estate ROICRE INvestment strategyOffice and retail renovationsValue-add commercial real estatecommercial property upgrades
blog author image

Bill Rapp, CRE Broker

I am a Houston commercial broker, with residential experience, as well as a lending background. I have been in the real estate industry for 14 years and counting, and I have worked in many roles within the industry and each has given me a unique perspective of the industry as a whole. My dedication to clients is rooted in this industry knowledge, but also includes my desire to go the extra mile in networking to source off market opportunities for my clients. Me and my team at eXp Commercial have a cutting-edge technology package that gets the widest exposure for each transaction. eXp Commercial offers a nationwide network through which we can deliver the best exposure and professional advice to achieve our clients’ goals while also minimizing their risk. Clients appreciate my methodical method of discovery in our initial consultation. Through which we can get to know each other and their specific’s business’s needs and objectives on a granular level. Our processes help navigate each transaction and its potential pitfalls through to a successful outcome for our clients. It is my stated goal to provide our clients with extensive market analysis and expertise that fosters innovative solutions and rewarding commercial real estate opportunities.

Back to Blog

Find the perfect location for your business.

Let us help your business succeed.

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27815 Astoria Brook Ln

Katy, TX 77494 USA


9600 Great Hills Trail, Suite 150w Austin, TX 78759 |
855.450.0324 xx255

Texas Real Estate Commission Consumer Protection Notice Texas Real Estate Commission

Information About Brokerage Services eXp Commercial LLC #9010212

Viking Enterprise LLC #9009614

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Contact Us

27815 Astoria Brook Ln

Katy, TX 77494 USA

901 S Mopac Expwy, Bldg 2, Suite 350 Austin, TX 78746 | 512.474.5557Texas Real Estate Commission

Consumer Protection Notice Texas Real Estate Commission Information About Brokerage Services Reliance Retail, LLC #603091

Texas RS, LLC #9003193 | RESOLUT RE Is Licensed In Louisiana #0995694083