Buying Commercial Real Estate Checklist ✰ (REAL)
: Review parking capacity, drainage, and accessibility for compliance with ADA or fire department requirements. 4. Strategic Operations
: Test the HVAC, plumbing, and electrical systems to estimate maintenance and lifecycle costs. buying commercial real estate checklist
: Inspect the foundation, roof, and load-bearing walls for signs of failure. : Review parking capacity, drainage, and accessibility for
: Conduct a title search to uncover easements, liens, or restrictive covenants. : Inspect the foundation, roof, and load-bearing walls
: Verify utility availability, security features, and property management challenges.
: Review past three years of operating statements , rent rolls, and tax returns to verify cash flow.
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