It’s a great property. All parties are ready to sign the commercial/industrial lease. But something doesn’t look or feel right. What red flags have you seen? Other warning signs include:
▪️ Landlord’s financial struggles
▪️ Projections are too good to be true
▪️ Property data is unavailable
▪️ History of operating expenses are unavailable
▪️ Unclear CAM coverage
▪️ Unclear calculations
▪️ Unclear designations & obligations
▪️ Clause restrictions
▪️ Unclear demolition clauses
▪️ Unclear relocation clauses
▪️ Unclear non-disturbance clauses
Contact me for help & to learn more: jonathan@lennard.com
