Should you have an inspection before you enter into a lease? Absolutely yes! This especially true if you are entering into a triple-net or modified triple-net lease.
This type of least places the maintenance and potential replacement of certain capital items upon the responsibility of the tenant. Imagine entering into a lease of a 35 or 45 year old building. This building is likely to have HVAC equipment that is in excess of 20 to 25 years old. This piece of equipment might have had a statistical useful life of 25 years. If that device or system fails during your lease you might be responsible for the replacement and that could be in excess of $20,000.00 per device.
There could also be the discovery of differed maintenance. While the property might be aesthetically pleasing and visibly satisfactory there could be underlying issues that only through a thorough The BrickKicker inspection would be discovered. Some of these issues might even fall back upon the tenant for repairs.
In a recent inspection we discovered the lack of modern exit illumination and direction signs as well as missing fire extinguishers. The tenant would have to replace all of these items prior to being able to secure a business license or occupancy permit. The inspection provided the potential tenant with ability to have the building owner rectify this condition prior to the lease and therefore not incurring the cost of replacement.
Do not forego you ability to garner as much information during your due diligence process. Have your potential leased properties inspected by The BrickKicker before you sign your leases.