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Updated over 7 years ago, 05/02/2017

User Stats

8
Posts
0
Votes
Joseph D.
  • Santa Monica, CA
0
Votes |
8
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Questions for 1st Commercial Deal

Joseph D.
  • Santa Monica, CA
Posted

I own several SFRs and am looking at my first commercial deal.  It's a small (6,000 SF) space with an auto repair shop.  Tenant has been there for about a year, $200k asking price, $3k/mo rent.

What questions should I be asking before moving forward?  I have a PM that can deal with the property, but I'm used to running numbers for residential properties.  Is there a good list of questions for small commercial properties like this?

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