@Bruce Petersen You are correct. All of my experience is in managing routine maintenance contracts for the Department of Transportation. My thought is that lack of proper and routine asset maintenance tends to cause a lot of premature deterioration on a lot of commercial properties that I see. I'm thinking that the same kind of process we use for DOT contract could be used on commercial properties. It would be 1) very hands off for the owner/manager so less headache for them, 2) maintain a high standard of curb appeal through touch up striping, crack sealing, concrete repair, landscaping, etc, and 3) would be charge on a flat monthly rate so there is no deviation from the budgeted amount for maintenance. I just have no experience in the commercial real estate side so I am trying to do some market analysis to see if people in the business also think there is some merit to the idea.
Where better to ask than on the Bigger Pockets commercial property forum? haha!
Any advice would be greatly appreciated!