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Are you planning on purchasing or financing an office building, shopping center, warehouse, or any other commercial or industrial building?
It is absolutely essential when investing in commercial real estate to perform adequate Due Diligence. Investigating all material facts allows one to make a wise investment decision and to calculate investment yield.
It is not uncommon for commercial and industrial buildings to change hands often, be remodeled, upgraded and changed. All these reasons can lead to misrepresentations of rentable square footage. Verifying your property's actual square footage is crucial in determining what the property is worth and what the ROI is.
Imagine buying a building you thought had 650,000 square feet to only find out later it has only 585,000 square feet. How would losing 10% of your rentable square footage affect your return on investment.
VERIFY!
Call us now for a free consultation 619-955-6613