Gas Stations
Fuel operations, property condition, environmental review, and business performance.
Discuss Gas Stations →Commercial Real Estate
Gas stations, restaurants, grocery stores, hotels, strip malls, and multifamily buildings. Washington expertise with nationwide connections.
Our specialties
Restaurants
Business earnings, lease terms, equipment, and the transition to new ownership.
Discuss Restaurants →Grocery Stores
Sales trends, inventory, operating expenses, and lease or property terms.
Discuss Grocery Stores →Hotels
Room revenue, operating costs, property condition, and management arrangements.
Discuss Hotels →Strip Malls
Tenant leases, rental income, vacancies, and property operating expenses.
Discuss Strip Malls →Multifamily Buildings
Apartment rental income, occupancy, expenses, and building condition.
Discuss Multifamily Buildings →The price is a conclusion, not a starting point
Commercial real estate rewards preparation and punishes assumption. The price comes out of the rent roll, the lease terms, the expense structure, the condition of the physical asset, and what a lender will actually finance.
How a commercial engagement runs here
-
Define the objective
Yield, control, occupancy, exit timing, tax position, or operating need. Different objectives produce different “right” properties from the same list.
-
Underwrite before touring
Rent roll, lease abstracts, trailing twelve months of operating statements, CAM reconciliations, tax and insurance history, and capital expenditure history. If the seller will not produce these, that is itself information.
-
Physical and legal diligence
Title and exceptions, survey, zoning and use verification, building condition, roof and parking lot life, ADA accessibility, seismic considerations for older masonry, and environmental review scaled to the property's use history.
-
Environmental review, taken seriously
For gas stations and properties with a history of fuel or other potentially contaminating uses, discuss environmental review early. An environmental professional and the lender help determine the assessment and any follow-up investigation needed.
-
Tenant and income verification
Estoppel certificates from every tenant, subordination agreements where a lender requires them, and confirmation of options, exclusives, co-tenancy provisions, and percentage-rent terms. A rent roll is a summary. The leases are the asset.
-
Structure and close
Financing, entity structure, allocation, escrow and title, and — where applicable — 1031 exchange timing.
Where the financial perspective helps
A background in finance and accounting The purpose is not to replace your CPA or your attorney. It is to make sure the right questions reach them at the right time — while terms can still be negotiated, rather than the week before closing.
A note on 1031 exchanges
If you are considering a 1031 exchange, involve your CPA and qualified intermediary early to confirm eligibility, structure, and deadlines before committing to a sale or purchase.
Your CPA and qualified intermediary decide the structure. My job is to protect the timeline in the transaction.
Choose your path
- Buy Commercial PropertyUnderwriting, diligence, and financing a purchase.
- Sell Commercial PropertyPositioning, pricing, and getting to a clean close.
- Tenant RepresentationFinding space and negotiating the lease behind it.
- Landlord RepresentationLeasing strategy, tenant quality, and rent structure.
- Investment AnalysisHold, sell, refinance, or exchange — run the numbers first.
- Business SalesBuying or selling an operating business, handled confidentially.
Two assets, one transaction
A business sale usually involves an operating company and, separately, either owned real estate or a lease. They are valued differently, financed differently, taxed differently, and they fail for different reasons. Treating them as one thing is the most common and most expensive mistake in this category.
Confidentiality is the first requirement, not a feature. If employees, customers, suppliers, or the landlord learn that a business is for sale before the owner is ready, the value being sold begins to erode immediately.
Start with your goals and the property or business.
Discuss the opportunity first. We can then agree on the financial records, leases, and other documents needed and how to share them securely.
Request a Property Review