Buying Commercial Real Estate Checklist (EXCLUSIVE · HACKS)

: Review past three years of operating statements , rent rolls, and tax returns to verify cash flow.

: Test the HVAC, plumbing, and electrical systems to estimate maintenance and lifecycle costs. buying commercial real estate checklist

: Obtain a Phase I Environmental Site Assessment to check for soil contamination, asbestos, or lead. 3. Physical Property Inspection : Review past three years of operating statements

: Evaluate lease expiration dates , tenant creditworthiness, and any concessions or unpaid rent. The primary goal of a is to guide

: Analyze potential liability such as flood zones or noise restrictions.

The primary goal of a is to guide buyers through the high-stakes stages of due diligence , financial feasibility , and regulatory compliance . Unlike residential purchases, CRE involves complex factors like tenant lease structures , zoning restrictions , and environmental impact assessments . 1. Financial & Investment Analysis