Commercial Property Services

Property Condition Report

A comprehensive property condition report (PCR) is your key to understanding the condition and long-term maintenance costs associated with any prospective or already owned/occupied building. Whether you are purchasing, leasing, or managing such an investment in commercial real estate, we will perform an ASTM-compliant (e2018-15) property condition assessment (PCA) and thorough inspection to help inform your next move.

Components of a Commercial Property Condition Report may include:

  • Structural Assessment: Evaluation of the building’s structural components such as foundation, walls, roof, and floors to identify any signs of damage or deterioration.
  • Mechanical Systems: Inspection of HVAC (heating, ventilation, and air conditioning), plumbing, and electrical systems to ensure they are functioning properly and meet current codes and standards.
  • Environmental Concerns: Assessment of environmental factors such as asbestos, mold, lead paint, or other contaminants that may pose health risks or legal liabilities.
  • Life Safety and Code Compliance: Verification of compliance with building codes, fire safety regulations, ADA (Americans with Disabilities Act) requirements, and other applicable standards.
  • Site Conditions: Examination of the property’s exterior areas, including parking lots, sidewalks, landscaping, drainage systems, and any other site features.
  • Documentation and Recommendations: Compilation of findings into a detailed report with photographs, diagrams, and recommendations for repairs, upgrades, or maintenance actions.
  •  Immediate Repairs Table and the Replacement Reserve Table. This table is provided in the PCR and helps the client understand how the condition of the building will impact the asset’s financial performance.

Overall, a Commercial Property Condition Report provides stakeholders with valuable insights into the condition of the property and helps them make informed decisions regarding purchase, sale, leasing, or investment.

Buyer’s Inspection

Prospecting for commercial real estate can be challenging. We understand as you are calculating the cost of ownership you want to be aware of existing and probable concerns. To that end, we will thoroughly inspect any type/size building and its component parts and systems to help inform your decision.

With an eye toward future use(s), our commercial inspections may include:

  • HVAC, Plumbing, and Electrical
  • Structural and foundational elements
  • External elements as applicable
  • Municipal historical records where available
  • Inspect with your future plans in mind
  • Phase 1 ESA, and other environmental testing

Triple Net Lease Inspection – (NNN)

A Triple Net (NNN) Inspection provides property owners or prospective tenants with a detailed assessment of any present damages. A NNN inspection can also protect you by helping reveal potential problems before they occur. A Triple Net Lease Inspection informs you with the data you need to make decisions regarding tenant deposits, and rental agreements, uncover necessary repairs, and other concerns. 

Triple Net Inspections are thorough examinations of a building and its components to ensure it is maintained according to the terms of the agreement. Some common components include:

  • Structural review for any damage or deterioration
  • HVAC, Plumbing, and Electrical systems
  • Roof condition
  • Interior conditions
  • Parking lot and grounds
  • Lease compliance
  • Documentation of any concerns discovered during the inspection with clear communication toward resolution

NNN Inspections are a crucial tool for protecting investments and ensuring proper maintenance and care.

Pre-listing Inspection

A pre-listing or seller’s inspection is performed while preparing a commercial property for marketing. It can be quite beneficial for sellers to have their properties inspected for themselves before any buyer’s inspection. We will inspect with your best interests in mind toward marketing and helping you make your best deal. With a pre-listing inspection, you will have the option to remedy any potential concerns and maintain more control during negotiations.

The several benefits of a pre-listing inspection may include:

  1. Transparency: It provides transparency about the property condition reducing surprises and potential disputes during negotiations and due diligence.
  2. Enhanced Marketability: A property with a clean bill of health from an inspection can be confidently marketed potentially attracting more buyers and commanding a higher price.
  3. Speeds up the Sales Process: With inspection reports readily available, the sales process can move more quickly, as buyers can make more informed decisions and may be less likely to request their inspections.
  4. Risk Mitigation: Sellers can address any issues uncovered in the inspection before listing, reducing the risk of deals falling through due to unexpected problems.
  5. Increased Buyer Confidence: Buyers are more likely to feel confident about purchasing a property with access to detailed inspection reports up front.
  6. Negotiation Leverage: Sellers who proactively address issues identified in the inspection can negotiate from a position of strength, potentially avoiding last-minute renegotiations or price reductions.
  7. Professionalism: Conducting a pre-listing inspection demonstrates professionalism and a commitment to transparency, which can enhance the seller’s reputation and credibility in the eyes of buyers and agents.
  8. Streamlined Due Diligence: Buyers may be more inclined to move forward with a purchase when they have confidence in the property’s condition, potentially streamlining the due diligence process and reducing the likelihood of deals falling through.
  9. Peace of Mind: Both sellers and buyers can enjoy peace of mind knowing that the property has been thoroughly inspected by professionals, reducing the uncertainty and stress associated with the transaction.

Overall, a Commercial Pre-Listing Inspection can help facilitate smoother transactions, minimize surprises, and create a more positive experience for all parties involved in the commercial real estate sale.

Accessibility Study

Commercial real estate properties are required to be compliant with ADA accessibility standards for all potential customers, guests, and staff. A comprehensive accessibility assessment to evaluate whether a building complies, or how it can comply, with the most up-to-date accessibility standards is your best defense.

Ensuring that a property adheres to the Disabilities Act (ADA) guidelines, including accessibility to entrances, exits, restrooms, parking spaces, and other essential facilities:

  • Physical Access: Assessing the ease of access for individuals with mobility impairments, including the presence of ramps, elevators, handrails, and appropriate door widths.
  • Visual Impairment: Evaluating the property’s features for individuals with visual impairments, such as appropriate signage, tactile indicators, Braille labels, and clear pathways.
  • Hearing Impairment: Ensuring the property’s facilities accommodate individuals with hearing impairments, including visual alarms, assistive listening devices, and accessible communication methods.
  • Parking: Assessing the availability and accessibility of designated accessible parking spaces, including their proximity to entrances and the presence of appropriate signage and markings.
  • Restrooms: Ensuring that restroom facilities are accessible, including grab bars, appropriate toilet heights, accessible sinks, and clear maneuvering space.
  • Public Areas: Evaluating the accessibility of common areas such as lobbies, hallways, and meeting spaces, including accessible seating, clear pathways, and appropriate lighting.
  • Emergency Evacuation: Considering the property’s readiness to evacuate individuals with disabilities during emergencies, including accessible evacuation routes, evacuation chairs, and emergency communication systems.
  • Training and Awareness: Assessing whether staff members are adequately trained to assist individuals with disabilities and awareness programs in place to promote accessibility and inclusion.
  • Documentation: Provide detailed documentation of the accessibility features and any recommended modifications or improvements to ensure compliance with accessibility standards and regulations.

Phase 1 Environmental Site Assessments:  – P1ESA’s are crucial for various reasons, particularly in real estate transactions involving potentially contaminated properties. Here’s why it’s important:

  1. Identifying Environmental Risks: A Phase 1 ESA helps identify potential or existing environmental contamination on a property. This includes issues like soil or groundwater contamination, the presence of hazardous materials, or any other environmental liabilities.
  2. Legal Compliance: Conducting a Phase 1 ESA is often required by law or regulations, especially for commercial real estate transactions. It helps ensure compliance with environmental regulations such as the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), commonly known as Superfund.
  3. Risk Mitigation: By identifying environmental risks early in the due diligence process, the purchaser can make informed decisions about whether to proceed with the transaction, negotiate terms based on the findings, or develop risk management strategies.
  4. Financial Protection: Discovering environmental issues after purchasing a property can lead to costly cleanup and remediation expenses. A Phase 1 ESA helps mitigate financial risks by uncovering potential liabilities before the transaction is finalized.
  5. Lender Requirements: Lenders often require a Phase 1 ESA before approving financing for a property. This is because they want to ensure that the property does not pose significant environmental risks that could affect its value or the borrower’s ability to repay the loan.
  6. Environmental Due Diligence: Conducting a Phase 1 ESA demonstrates due diligence on the part of the buyer or lender. It provides a documented record of the environmental assessment process, which can be important for legal and financial purposes.

Inspect Montana partners with Safe Home Environmental for all Phase 1 ESA needs. Visit through this link:  SFHM

All environmental testing services are performed by our trusted partner, Safe Home Environmental.

Safe Home offers testing services for:

  • Water
  • Radon (NRPP Certified)
  • Mold (IAC2 Certified)
  • Asbestos
  • Lead-based Paint
  • Meth Contamination (DEQ Certified)

Visit through this link:  SFHM

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