First deal on commercial real estate

[James Xie]

What's up guys. 

New member needs some advice.

Recently I came across a warehouse in NY, which is about 5,000 sf. And only 1 tenant occupy whole property and have 10 years lease remaining. 

Owner ask $950k

Property tax is about 20k

Monthly rental is about $7,700

Tenant pay insurance and tax increase base the first year.

Is this good deal ? What do I need to do or pay attention before closing this deal ? Since I am very new and do not have knowledge on investing warehouse.

Thanks

James