Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Kori Keller
0
Votes |
2
Posts

Looking into Commercial for the first time

Kori Keller
Posted

My husband and I are currently looking into some commercial real estate. This would be our first commercial property if it works out. It is an approximate 40k sq ft property, all of of which is retail(café, medical and professional offices, no residential) have reached out to the agent. She is requiring we sign an NDA before viewing any particulars, which I assume is the usual for a large commercial property? I know looking at financials is a given but my question is what other documents should I request in-order to cover all my bases (leases, occupancy history, etc.)? How far back should I go(5-10years)? I appreciate all of the information and look forward to discussion>

Most Popular Reply

User Stats

327
Posts
69
Votes
Courtney Duong
  • Property Manager
  • Texas
69
Votes |
327
Posts
Courtney Duong
  • Property Manager
  • Texas
Replied
Quote from @Kori Keller:

My husband and I are currently looking into some commercial real estate. This would be our first commercial property if it works out. It is an approximate 40k sq ft property, all of of which is retail(café, medical and professional offices, no residential) have reached out to the agent. She is requiring we sign an NDA before viewing any particulars, which I assume is the usual for a large commercial property? I know looking at financials is a given but my question is what other documents should I request in-order to cover all my bases (leases, occupancy history, etc.)? How far back should I go(5-10years)? I appreciate all of the information and look forward to discussion>


 Make sure you ask them to give all assignments, amendments, any lien waivers/subordinations.

Loading replies...