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Updated over 12 years ago on .

User Stats

398
Posts
144
Votes
Jason Mak
  • Rental Property Investor
  • San Marino, CA
144
Votes |
398
Posts

Replacement Reserves and Capex for Retail/Commercial Property

Jason Mak
  • Rental Property Investor
  • San Marino, CA
Posted

Does anyone have any general guidelines used to underwrite replacement reserves or capex need for a strip mall or commercial property? I've done some searching online and found a source that said 9% of NOI.

Just curious if there are any BPers with a better answer in the form of a % NOI, or $/PSF