Precise Property | Acquisition Criteria

Acquisition Criteria

We are presently searching for commercial properties throughout the regions of southern United States and Eastern Canada.

We have set forth certain criteria for any aquisition which are detailed as follows:

- Properties to be a minimum class "B" quality
- Minimum 40,000 square feet GLA for both industrial and retail.
- Office properties to contain a minimum of 30,000 square feet GLA.
- Cap rates at 7.5% or better, or reasonable cash on cash return based on income in place with upside potential through leasing of existing vacancy.
- Good parking ratios, traffic counts and access.

As investors able to conduct quick and thorough analysis, together with a reputation as closers, we look forward to receiving properties for potential acquisition.

Please contact rblatt@precise-property.com or bschreiber@precise-property.com to discuss any opportunities that you may have.
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