Leasing out a commercial property in the Philippines presents a great opportunity for property owners to generate consistent rental income and long-term value appreciation. However, attracting the right tenants and securing favorable lease terms requires a strategic approach. Whether you're leasing an office space, retail property, logistics center, or hotel asset, here’s how to effectively list and market your commercial property for lease.

1. Understand the Market and Set the Right Rental Price

Setting a competitive rental rate is essential to attracting tenants while ensuring profitability. Overpricing may lead to longer vacancies, while underpricing could mean lost revenue opportunities. Using market-based rental analysis ensures pricing aligns with current demand and tenant expectations. To determine the ideal rate, analyze:

● Market Trends – Review recent lease transactions in your area.

● Location & Demand – Properties in Makati, BGC, and Ortigas command higher rents, while emerging hubs like Clark, Cebu, and Iloilo offer competitive rates.

● Property Features – Consider building amenities, accessibility, and nearby infrastructure developments.

2. Prepare and Optimize Your Property for Leasing

A well-maintained, move-in-ready space has a higher chance of securing tenants quickly and commanding premium lease rates. Leasing specialists can assist in identifying areas for improvement and ensuring all property-related requirements are met before listing. Key action points include:

● Repairs and Maintenance – Fix any structural, electrical, or plumbing issues.

● Aesthetic Improvements – Fresh paint, updated lighting, and clean common areas make a strong impression.

● Other Charges – Clearly outline all relevant fees associated with the lease, including building dues, signage costs, air-conditioning usage fees, and any other applicable charges.

● Compliance and Permits – Secure necessary zoning permits, fire safety certifications, and business licenses to streamline leasing.

3. Create a Strong and Detailed Property Listing

A well-crafted listing is your property’s first impression. High-impact marketing materials, such as professional photography and virtual tours, significantly improve visibility and attract serious inquiries. Be sure your listing highlights:

● Key Property Details – Size (sqm), floor level, available spaces, and building features.

● Location Advantages – Nearby transport hubs, business districts, and retail centers.

● Lease Terms – Monthly rent, security deposit, and escalation terms.

● High-Quality Photos and Virtual Tours – Professional images and 360-degree virtual walkthroughs can increase inquiries.

4. Use Multi-Channel Marketing to Reach the Right Tenants

Reaching qualified tenants requires strategic, multi-channel marketing. Leveraging a strong corporate network and industry partnerships ensures the property gets in front of the right decision-makers. Combine these efforts:

● Online Listings – Post on real estate platforms and corporate leasing networks.

● Broker Networks – Work with leasing specialists who have direct access to corporate tenants and multinational firms.

● Direct Outreach – Engage businesses actively looking for commercial spaces.

● On-Site Viewings – Offer guided tours to showcase the property’s value and leasing potential.

5. Screen Tenants and Negotiate Favorable Lease Terms

Choosing the right tenant is as important as setting the right rental rate. Conducting proper due diligence and structuring a clear, well-balanced lease agreement helps minimize risks and secure long-term value. Before finalizing any lease, consider the following:

● Financial Stability – Ensure tenants have the capacity to meet long-term rental obligations.

● Business Compatibility – Align tenant operations with the property’s zoning and infrastructure.

● Lease Negotiation – Clarify rental escalation clauses, fit-out provisions, and renewal options.

6. Finalize the Lease Agreement and Handover Process

Once a suitable tenant is secured, finalize the lease agreement with clear terms and legal protections to safeguard both parties. A well-drafted contract and a smooth handover process lay the groundwork for a long-term, mutually beneficial leasing relationship. Be sure the agreement includes:

● Lease Duration and Renewal Options

● Rent Payment Terms and Escalation Clauses

● Maintenance and Repair Responsibilities

●  Additional Charges and Fee Inclusions

● Exit and Termination Conditions

Partner With Leasing Experts for a Seamless Process

Successfully listing and leasing out a commercial property requires market expertise, strategic marketing, and skilled lease negotiations. At Leechiu Property Consultants, we provide end-to-end leasing solutions, helping property owners:

✔ Maximize rental income with market-based pricing strategies.
✔ Connect with top-tier corporate tenants through our extensive network.
✔ Negotiate lease terms that align with long-term investment goals.

Looking to lease your commercial property? Contact us today to explore how we can help you find the right tenants and optimize your leasing strategy.

How to List Your Commercial Property for Lease in the Philippines