Buying Commercial Real | Estate Checklist
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
: Test the HVAC, plumbing, and electrical systems to estimate maintenance and lifecycle costs.
: Obtain a Phase I Environmental Site Assessment to check for soil contamination, asbestos, or lead. 3. Physical Property Inspection buying commercial real estate checklist
: Inspect the foundation, roof, and load-bearing walls for signs of failure.
: Assess the local market status including vacancy rates and competitive supply . 2. Legal & Regulatory Due Diligence The primary goal of a is to guide
: Review parking capacity, drainage, and accessibility for compliance with ADA or fire department requirements. 4. Strategic Operations
: Review past three years of operating statements , rent rolls, and tax returns to verify cash flow. Financial & Investment Analysis : Test the HVAC,
: Analyze potential liability such as flood zones or noise restrictions.