First Commercial Property investment

[Matthew Raby]

I am looking at making my first commercial property investment. I currently have one single family rental that has been a rental for 5 years. 

I have found an investment that seems to me like a no brainer. I just have not done commercial nor do I know the first steps in large money cash flowing investments. 

Any advice would be appreciated. Here are some of the specs that I know about the investment property:

Property amount: $1,816,000

Cap Rate: 6%

Sale Type: Investment NNN

Number of Properties: 2

Total Building Size: 10,321 SF

Total Land Area: 0.99 AC

Current Tenant is on a 10 year lease that expires June 2031

Current rent is $109,000/yr until June 2026 and increases to $114,450/yr until June 2031