A general checklist of documents and reviews commonly performed when acquiring a multi-tenant retail asset.
Rent roll, trailing operating statements, current-year budget, NNN reconciliations, tax bills, insurance loss runs, and utility histories are typically reviewed.
Title commitment, existing exceptions, survey (ALTA where required), and lease abstracts covering options, exclusives, co-tenancy, and assignment.
Property condition report, roof and HVAC review, and a Phase I environmental site assessment (Phase II only if warranted).
Estoppels confirm lease terms and outstanding claims. Tenant interviews validate business performance and renewal intent.
Educational content only. Not tax, legal, or investment advice. Consult qualified professionals for your specific situation.
Full financials, rent roll, and expense recovery detail. Watermarked PDF after approval.
Coordinated with the listing representative at your convenience.
Questions about the asset, financing, or 1031 timelines? Reach out.