Industrial Due Diligence Submission List

1.  12 Month Trailing Income & Expense Statement – Please include occupancy and CAM broken down by month

2.  2022 and 2023 Income & Expense Statements – Please include occupancy and CAM broken down by month

3.  3 Year Proforma – Please include occupancy and CAM broken down by month

4.  Historical Sales – Prior three (3) years for all major tenants(s)

5.  Current Detailed Lease Abstract – Current rent roll (or other evidence of leasing status) showing for each tenant the following:

1. Tenant name
2. Suite number
3. Square footage of leased space
4. Current annual base rental rate
5. Expense payment provisions
6. Stated options or fixed renewals
7. Lease and occupancy commencement and expiration date
8. Any co-tenancy, go-dark, or termination provision
9. Vacant space

6.  Borrower Information

1. Please include a brief description of the borrower, principal, and property manager, including real estate experience
2. Corporate and personal current Financial Statement(s)
3. Personal Profile

7.  Sources and Uses of Funds Statement

1. Amounts to pay off all loan(s) at closing
2. Amount of any prepayment penalties
3. Amount to refurbish property – Please include a detailed itemization of such costs
4. Buy-out Agreement, if any

8.  BROCHURE AND PICTURES OF PROPERTY

9.  CAPITAL EXPENDITURES – detailed since purchase and future projections

10.  PROPERTY DEMOGRAPHICS

1. Year built and last year renovated
2. Breakdown of spaces, including net rentable square footage
3. Total amount net rentable square footage
4. Site Plan and Area Map
5. Neighborhood Description
6. Competition Analysis