Rent Roll Analysis
Detailed rent roll analysis for 1031 exchange replacement properties, verifying tenant occupancy, lease terms, rental rates, and income stability before acquisition.
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Trailing 12-month financial statement analysis for 1031 exchange replacement properties, verifying income, expenses, and net operating income before acquisition.
Market Comp Analysis
Comprehensive market comparable analysis for 1031 exchange replacement properties, including sales comps, rent comps, and cap rate benchmarking across all 50 states.
Property Identification
Nationwide sourcing of single tenant NNN retail and shopping center properties across all 50 states. We help 1031 exchange buyers quickly find high quality replacement properties with credit tenants, predictable income, and minimal management.
Legal Review
Thorough legal review of exchange documents, purchase agreements, lease abstracts, and title commitments to protect 1031 exchange investors from contractual and compliance risks.
Frequently Asked Questions
Why is rent roll analysis important for 1031 exchange replacement properties?
The rent roll is the foundation of any income property's value. Inaccurate or misleading rent rolls can lead to overpaying for a replacement property, which directly impacts your return on investment and the long-term success of your 1031 exchange. We verify every line item on the rent roll, cross-referencing against actual leases, bank deposit records when available, and market comparables. For Washington DC investors, this ensures the income you expect is the income you receive after closing.
What red flags do you look for in a rent roll?
We look for above-market rents that may not be sustainable at renewal, upcoming lease expirations that create vacancy risk within the hold period, tenants with weak credit or no guarantor, concessions or free rent periods that inflate reported occupancy, discrepancies between the rent roll and actual lease documents, and unusual tenant concentration where a single tenant represents a disproportionate share of income. For single tenant NNN retail properties, we also verify that the reported lease terms match the actual executed lease and any amendments.
How does rent roll analysis differ for single tenant versus multifamily properties?
For single tenant NNN retail properties, rent roll analysis focuses on the single tenant's creditworthiness, remaining lease term, rent escalation schedule, and guaranty strength. For multifamily properties, the analysis examines unit mix, individual unit rents, vacancy trends, lease expiration staggering, tenant turnover rates, and concessions. We tailor our rent roll analysis to the specific property type and help Washington DC investors understand the income profile of any replacement property they are considering.