Buying commercial real estate in Massachusetts or Connecticut requires more than a quick ROI calculation. Here are the key factors every investor should evaluate:
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Location and Market Demand: Proximity to highways, population centers, and commercial hubs is critical.
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Asset Type: Is it an industrial, office, retail, or mixed-use property? Each has different risk/reward dynamics.
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Physical Condition: Always perform a detailed inspection, including roof, HVAC, parking, and compliance with code.
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Tenant Stability: Review lease terms, rent roll, and tenant creditworthiness.
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Financial Metrics: Analyze cap rate, cash-on-cash return, and IRR projections.
Working with local experts like Jennings Real Estate ensures you spot red flags early and make smart decisions that maximize your portfolio’s potential.