Retail Property Inspections Tailored to Your Needs

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Retail properties come in various forms, from multi-story mall structures and mixed-use buildings to strip malls and shopping centers. Investors, lessors, and lessees all have specific needs, and we are here to address and meet them.

 

Comprehensive Due Diligence for Your Investment

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After you’ve done the research—identifying the right demographics, location, and building—My Property Assessment steps in. We understand the importance of getting your chosen property inspected during the due diligence period. Our inspections help you identify potential risks that could impact lease negotiations, giving you the upper hand. Knowing these risks before signing can save you from costly and unexpected issues down the line.

 

Understanding Your Lease Exposure

 

Your lease type can significantly impact your risk exposure. A standard lease often leaves many expenses on the lessor's side. However, with a triple-net or net lease, your exposure increases, making a thorough commercial building inspection even more crucial. Triple-net lessees, in particular, need to be aware of potential unexpected risks alongside their operational expenses.

 

Utility and Asset Assessments

 

When it comes to retail spaces, specific utility needs—such as gas, power, telecom, water, and wastewater—are critical. We help you understand existing conditions and whether they meet your requirements. Additionally, we can provide a complete inventory of the assets included with the leased space and identify any deferred maintenance issues.

About Our Commercial Property Inspections

At My Property Assessment, we conduct inspections according to the International Standards of Practice for Inspecting Commercial Properties (ComSOP). ComSOP is the industry-accepted guideline, offering a proven process and system for reliable inspections.

 

Additional Services

 

During the due diligence period, we offer additional services, including assessments of site conditions for access and parking, structural concerns, plumbing service sizes, HVAC capacity, sprinkler systems, and electrical service sizes. The condition of the roof, whether your responsibility or not, is another critical risk factor that could impact your business. Let us know your concerns, and we’ll address them.

 

Schedule a Commercial Property Inspection

 

Note: Every inspection and report is unique, depending on the type of property, its intended use, the Scope of Work, and the inspector. Therefore, previous inspection reports should not be relied upon as an accurate record of the current condition. Contact us to discuss your specific project needs