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Updated about 2 months ago,

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What due diligence do you do on prospective commercial tenants?

Posted

Hello!

I purchased a mixed-use triplex with the bottom floor zoned commercial.  It was a pizza shop and now is a blank slate.  It's a good location so I have had several inquiries from pizza, tacos, gyros, deli, etc. you name it.  It's a small space good for takeout.  Most inquiries are from folks looking to get into the takeout business.  I have solid commercial leases, but I am interested in what landlords request of prospective commercial tenants to do the due diligence? What kind of documents?  I want a successful, long-term operator.  Thanks much! 

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