Before buying commercial property, not only must you do your research, but you must also consider the costs and benefits of the purchase. Real estate investors, insurance providers, loan providers, and Commercial Mortgage-backed Security (CMBS) providers always conduct property condition assessments (PCAs) before investing.
Basic commercial inspection services include inspecting properties on-site by walking around them to assess their physical condition. During this assessment, experts examine the building’s critical components and systems, including HVAC, mechanical and electrical systems, interior and exterior elements, roofing, basement, and foundation. Following the assessment, estimates will be provided. A commercial inspection service may also ask for and investigate documents and paperwork of the property. Among the documents relevant to the investigation are rental contracts, lease agreements, fire safety certificates, service agreements, repairs, and maintenance records. Our commercial inspectors perform inspections following the International Standards of Practice for Inspecting Commercial Properties (ComSOP) – a system and process recognized throughout the industry.