Help! Never done a commercial deal? DEAL was OFFERED?!?!?!

[Tyler Shoaf]

What do I need to know questions to ask things to calculate and look for? All even more foreign than single family home investing. Had an offer as BP says make sure everyone knows what you do had a commercial deal come to me today.... and It sounds good but IDK a think about commercial 

The Deal
Its a doctors office one of 3 building in the complex

What about commercial ? Might have a deal coming up in the next 60 days that's in the 550 to 600k its triple net property so all maintenance gets billed back to tenants as well as taxes and insurance and its a doctors office it will have a return of 6.5 to 7%
38k in landscaping went in parking lot will be seal coated and stripped within the next 3 weeks and also will have a brand new lease New lease will be a 3 year term with 3 additional lease year options and will be a 10% rent bump at each option And we can manage it all for you for 7% of gross and that fee gets billed to tenant so it doesn't cost you a dime Solid all brick building and tenant just did a 100k remodel 2 years ago

Have a connection with a local commercial lender in that area that could set me up with a loan?

[Account Closed]

Important things to look at: 

How many years are remaining on the lease, it's really expensive when a commercial tenant leaves. It can take a couple years to find a new tenant and when you do, there will be TI (tenant improvement) costs.

Does the rest of the complex seem to be on an upward trajectory? or are other tenants in the complex likely to be leaving?

How old is the doctor. Doctors can shut down the practice when they retire. Or they can sell the practice which does not mean the new operator will stay in the same place.