Buying Commercial Real Estate Checklist «FHD»

: Obtain a Phase I Environmental Site Assessment to check for soil contamination, asbestos, or lead. 3. Physical Property Inspection

: Assess the local market status including vacancy rates and competitive supply . 2. Legal & Regulatory Due Diligence 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 : Obtain a Phase I Environmental Site Assessment

: Test the HVAC, plumbing, and electrical systems to estimate maintenance and lifecycle costs. and property management challenges.

: Verify utility availability, security features, and property management challenges.