Commercial Property Services
Commercial property acquisition due diligence includes financial, legal, and physical components. The physical assessment — what the property looks like and how it's maintained — reveals the actual condition versus the financial pro forma.
Property condition assessment (PCA) by a qualified consultant is the standard approach for commercial acquisitions. PCAs assess all major building systems and surfaces, estimate remaining useful life, and identify immediate repair needs.
Key Considerations
Pavement assessment is often underweighted in commercial due diligence. Asphalt parking lots are expensive to replace — full reconstruction on a large commercial lot can cost hundreds of thousands of dollars. Know the pavement condition before closing.
Roof condition is among the most critical due diligence items. Roof replacement on a large commercial building is a six-figure capital expenditure. Core samples, infrared scans, and professional assessment reveal hidden moisture before you own the problem.
Working With D&D Commercial
Environmental site assessment (Phase I ESA) identifies historical land uses that may have caused contamination. Phase II investigation with soil and groundwater sampling follows if Phase I reveals potential concerns.
Deferred maintenance identification is the key output of physical due diligence. Estimated repair costs translate directly to price negotiation, repair credits at closing, or capital reserve planning after acquisition.
Conduct a winter site visit if acquiring a property during the off-season. Ice dam damage, drainage failures, and pavement deterioration under snow are invisible in summer. A second inspection in winter conditions reveals conditions you paid for but couldn't see.