Corporate tenant vetting process /consultant

[Venkat K.]

What is the best way to vet an unrated (Corporate credit rating), up and coming nationally expanding corporate tenant? Their Dun and Broad Street risk assessment is very high with PAYDEX score:65 and delinquency predictor percentile:9

I have their financials in very condensed format and they are not willing to give any more information than what they provided.

They are asking for about 100K in tenant improvements with 10-year lease term, and I have to pay about 100K in broker commissions upfront for total lease value of about 1.5M over 10 years, which seems to be a very risky deal.

How do you go about vetting these kinds of tenants? Do you know any consultant/specialist who can navigate me through this situation?

[Cason Acor]

Tell them to provide full financials or they can pound sand. I would not want to lease to someone who wouldn't be fully transparent about their solvency or ability to perform.