Commercial property age

[Anthony Franklin]

Hi everyone,

I was wondering what is considered too old when it comes to evaluating commercial properties? 

Thanks in advance for the help.

[Ellie Perlman]

Hi Anthony,

It really depends on your preferences and changes from one investor to another. I, for instance, look for properties that are 1970 vintage and newer, because older properties tend to have higher CapEx. Some will look at properties that are 1980 and newer, and some will buy properties that were built in the 50s.