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Underwriting & Diligence

Seattle Triple Net Lease Renewal Diligence

We evaluate lease renewal probability, maintenance allocation, and capital planning for NNN assets purchased through exchanges in Seattle, WA.

Model renewal probability and downtime

Quantify landlord capital obligations

Assess rent bumps and market rent alignment

Key Deliverables

  • Lease renewal scorecard
  • Maintenance and capital reserve forecast
  • Market rent benchmarking versus current rate

Execution Timeline

  1. Day 3: Deliver lease abstract
  2. Day 7: Present renewal analysis
  3. Day 10: Finalize capital planning memo

Frequently Asked Questions

Do you evaluate roof and structure responsibilities?

Yes. We identify landlord obligations and confirm warranty status so you can budget accurately in Seattle, WA.

Can you benchmark renewal rents?

We compare market rent and tenant sales to evaluate renewal rent targets within the Seattle, WA trade area.

Do you coordinate property condition assessments?

We schedule PCAs and integrate findings into the renewal analysis and capex plan.

Related Services

Filter additional strategies to support your exchange.

Underwriting & Diligence

Seattle Rent Roll and T12 Verification

Audit rent rolls, trailing twelve statements, and CAM reconciliations to validate NOI during exchange underwriting.

Underwriting & Diligence

Seattle Market Comp and Cap Rate Review

Publish market-supported cap rate bands and sale comps tailored to replacement goals in ${PRIMARY_CITY}, ${PRIMARY_STATE_ABBR}.

Underwriting & Diligence

Seattle Lender Preflight Coordination

Align DSCR targets, leverage scenarios, and term sheets with regional and national lenders prior to identification.

Identification Strategy

Seattle Replacement Property Identification

Curate compliant replacement assets across Seattle, WA with documented comparables and lender-ready files.

45-Day and 180-Day Deadline Calculator

Enter your relinquished closing date to preview statutory milestones. Share the outputs with your intermediary, CPA, and lender to keep every stakeholder aligned.

45-day identification deadline
Select a closing date to calculate the deadline.
180-day exchange completion deadline
Select a closing date to calculate the deadline.

Dates represent calendar days. Confirm every milestone with your Qualified Intermediary. We coordinate stakeholder updates but do not provide intermediary services.

Identification Rules Explained

Use this guide to determine how you will complete the identification letter. We prepare letter drafts, valuation support, and backup scenarios so your $Seattle, $WA exchange maintains compliance through day forty-five.

Three-Property Rule

Identify up to three properties of any value. We document pricing support, lender feedback, and compliance notes for each Seattle, WA asset so your intermediary accepts the letter without revisions.

200 Percent Rule

Identify more than three properties as long as combined fair market value stays below 200 percent of the relinquished property value. We track valuation evidence for every property to prove compliance.

95 Percent Rule

Identify any number of properties and close on at least 95 percent of the aggregate value. This strategy supports diversified portfolios and DST placements when executed with strict tracking.

We coordinate with your intermediary, CPA, and counsel, provide documentation, and maintain audit-ready files. We do not provide legal or tax advice.

Exchange Timeline Tracker

Monitor each milestone from sale to replacement closing. Select a step to review the focus items and assign responsibilities to your advisors.

Document sale terms, confirm intermediary wiring instructions, and deliver closing statements within twenty-four hours.

Keep your intermediary, CPA, attorney, and lenders updated on each milestone. We manage the project plan, but all compliance decisions remain with your licensed advisors.

Discuss Seattle Triple Net Lease Renewal Diligence

Share your timeline, equity targets, and lender objectives. We respond within one business day.

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Educational content only. Consult your Qualified Intermediary, CPA, and legal counsel before executing exchange strategies.