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Updated over 7 years ago, 05/02/2017
Questions for 1st Commercial Deal
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?