You are not buying a building. You are buying a rent roll.
Four tenants, four leases, four expiration dates. One of them signed nine years ago and pays under market. One of them carries the whole center.
The brick matters less than the paper.
The first thing we read is the lease expiration schedule.
If half the center rolls over in the same eighteen months, that is not a dealbreaker, but it changes how we structure it. We would rather build for that up front than find it in year two.
Tell us who the anchor is and how long they have left. That answer shapes most of what follows.
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What We Look At
- Current rent roll with lease terms and expirations.
- Who pays taxes, insurance, and maintenance.
- Tenant mix and how much of the income sits with one name.
- Vacancy history and how long spaces take to fill.
- Parking, signage, and access.
What We Finance
- Purchase, refinance, improvements, and tenant build-outs when you land someone new.
Call before the anchor renews.
If your largest tenant is inside a year of expiration, the financing conversation and the lease conversation should happen together. Handled in the right order, one strengthens the other.
Ten locations across Northeastern Wisconsin. Find the one nearest you, or call a lender directly.