Commercial property valuation

[Ted Fall]

Although I've had experience with Residential and small commercial flips and buy/hold. I'm working on evaluating a commercial property in Salt Lake City and need a more experienced commercial investor to help me in determining the value of the property and what to charge for rent once its redeveloped.  

[Tyler Kastelberg]

@Ted Fall @Ellie Perlman

Ted: You need a good underwriting analysis to help inform your decision making. The key to commercial analysis is modeling the current and future (potential) leases. Based on the leases, you can determine the expenses paid by tenants and the owner. As Ellie suggested, you can determine the market lease rate that can be modeled upon lease expiration on the current tenants. Depending on tenant quality, I like to see anchor tenants with 5+ years on their current lease.