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Updated about 5 years ago, 11/18/2019
Commercial/Light Industrial Tenant Screening
I am looking for someone who can share their experience in finding tenants for units in a light industrial building. Each unit is approximately 1800 to 2100 sq ft. How do you vet a business tenant vs a residential tenant? These units typically appeal to owner-operator type businesses - machine shops, home remodeling, etc., so were are typically renting to an individual, not a "business".
Do you request a credit and background check of the potential lessee for light industrial rentals? It seems like stating in the "property for rent" ad that the checks will be done could be be useful. Those that have something in their background that would turn up in a background or credit check, would not bother inquiring about renting the space, saving the property owner the trouble of screening a potential problem tenant.