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Updated almost 8 years ago,
First commercial property
I am in the process of buying my first commercial property and am just curious if anyone has any pointers or specifics that I should look for. I've bought and sold single family homes and rentals so I'm not a stranger to the process. I've also used commercial loans before so I'm aware of that process. This is just my first commercial piece.
The property is a 4 unit strip mall and a 5th unit as a bank ATM. Most leases are in place until 2018 with one expiring in 2 weeks.
Any thoughts?
Thanks.