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Updated almost 8 years ago,
Commercial Lease Credit Score
Hello BP community,
I am a newbie to BP and wanted to introduce myself with a question regarding minimum credit scores for commercial leasing. I own some retail space and wondered what the minimum credit score requirement should be for prospective new tenants. The property is located in a low income part of town (not the best area but not the worst either) and I tend to get applicants that have low credit scores. So what would be the recommended credit score range? Any recommendations or information is greatly appreciated.
Thank you in advance!