How Natural Light & Ceiling Height Affect Commercial Space Value?

How Natural Light & Ceiling Height Affect Commercial Space Value?

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Key Points:

  • Many buyers overlook the importance of natural light and the right height of ceilings while buying the desired commercial property.
  • Tenants always value modern commercial buildings that have an abundance of natural light and good ceiling height.
  • If you want to get a similar commercial space, you must visit 25 Van Zant to get the best for your business.

Introduction

While evaluating the commercial space value, the majority of buyers focus on location, square footage, and the tenant mix, while overlooking the need for enough natural light and the right ceiling height in commercial spaces. 

Both of these aspects, in reality, hold a lot of importance because they consistently enhance the value and desirability. Also, together these play a major role in building the experience of occupants, sustainability, balancing the costs, and ultimately increasing the property value. To know more about why these matter a lot and how these affect the property in various terms, you need to read this blog by the end. So, why waste more time when we can start discussing it right away?

Why Does Design Even Matter in Commercial Space

Usually, if we talk about commercial space value factors based solely on location, demand, and infrastructure. Also, the modern tenants, especially in the retail, office, and co-working spaces, care about their well-being, privacy, comfort, and the impression of brands. As a result, commercial building design features like lighting and ceiling height aren’t just aesthetics, but they are what make the difference. You can also know the things that make a commercial space suitable for light manufacturing.

Need for Natural Light in Commercial Spaces

What Counts as Natural Light?

Natural light is all about the daylight that enters the interior spaces via windows, glass facades, and skylights. It’s not like artificial lighting because it keeps changing in direction, intensity, and duration throughout theday.

It’s not about just having windows. You have to see the quality of natural light, its uniformity, thermal and glare control, which determines how well it improves the user experience.

How Does Natural Light Add Value?

Natural light influences the value of commercial properties in different ways:

1. Increases Satisfaction and Productivity of Tenants 

A lot of research shows that natural light improves mood, decreases eye strain, and improves focus.

In a workplace, it means:

  • Better productivity for employees.
  • Lower absenteeism.
  • Higher employee retention rates.

A lot of employers found this to be a great reason to pay higher rent for spaces with natural light.

2. Increases Energy Efficiency 

Spaces that take advantage of natural light rely less on artificial lights, particularly during the peak business hours. This promotes: 

  • Lower energy costs.
  • Decreases the load of HVAC (less heat from the lights).
  • Increases sustainability ratings like WELL and LEED.

In turn, these savings from energy help in gaining a better Net Operating Income (NOI), a proper driver of the property valuation.

3. Enhances Space Quality 

Naturally lit spaces feel big, welcoming, and more luxurious. Especially when we talk about the retail tenants, it leads to increased time spent in the store. For the corporate offices, it gives rise to better client impressions.  And in the hospitality niche, natural light comforts the guests and increases the appeal of the room.

4. Good to Attract Premium Tenants

Different categories of tenants, like tech firms, high-end retailers, and design studios, always prefer to have spaces with a good amount of daylight. That’s why they offer premium rent for it, which ultimately enhances the value of assets.

Why Should You Consider the Ceiling Height?

How Do You Understand Ceiling Height?

In commercial properties, ceiling height means the vertical distance starting from the floor to the finished ceiling. 

Normally, ceiling heights in older buildings are about 8 to 9 feet, while modern commercial spaces have ceilings of about 10 to 14 feet.

Also, keep in mind that retailers and creative offices love to have open and lofty ceilings, while industrial spaces prefer high ceilings for storage and machines.

How Does Ceiling Height Help Increase the Value of a Property?

1. Creates Comfort and Spatial Perception 

A lot of people don’t know that higher ceilings make the spaces more:

  • Airy
  • Expensive
  • Feel less crowded

The whole perception is best at enhancing the satisfaction and comfort of occupants. Most tenants also equate the height with prestige as a psychological effect, which means a higher willingness to pay.

2. Offers Better Circulation of Air and Acoustics 

Because of more volume, air movement works better, and sound carries differently.

Intense work environments face:

  • Better indoor air quality.
  • Increases the comfort levels.
  • Reduced distractions from noise.

These factors are also very important for the well-being of occupants, which is important in modern building standards.

3. Improves Resale Value and Long-Term Return 

Those buildings that have the higher ceilings always get the higher resale prices, which are best for the broader tenant profiles, and the developers seek the conversion opportunities.

Conclusion

Now, we have understood how the light and height of the ceiling impact the commercial space value. Because it’s not only about the aesthetic choices but the ones that drive the value in a strategic manner for different aspects like productivity and tenant experience, low costs to operate, expansion of the market, support sustainability goals, and boost the rental value, etc. 

For the owners, investors, and developers, all of these features contribute to standing out in the market, because it’s not optional but essential to have. Now, if you are thinking of acquiring such a place, 25 Van Zant has been providing such commercial spaces for rent in Norwalk CT. We cater to a variety of businesses, so if you want to visit the facility or seek more information regarding it, Contact us now!

Frequently Asked Questions

Is it worth it to invest in the spaces with the right natural light and ceiling height?

Yes, it is. Initially, you may have to spend extra for renovations or construction costs, but it’ll offer long-term benefits. You’ll get the perks like:

  • High rental income.
  • Low vacancy rates.
  • Low energy expenses.

Is it easy to lease commercial buildings with natural light?

Yes, because tenants always prefer spaces with an abundance of natural light, which always attracts modern tenants who prioritize wellness, comfort, and sustainability in the long run.

Do these design features matter for all commercial buildings?

Yes. A lot of commercial buildings, like offices, retail spaces, hospitality venues, and industrial spaces, benefit from better daylight and the right ceiling height. Although the impact can vary according to the use, these features are among the top commercial property value factors.

fine your space at 25 vanzant