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Families and trustees

Inherited Retail Property

We help families and trustees consider what to do with an inherited retail property in Los Angeles or Orange County.

Your Options

Keep

Review the income, expenses, leases, and work the property needs.

Lease First

Consider the cost and potential income from filling vacancies before deciding.

Sell

Consider the property's current income, market value, and sale costs.

Start With the Property

You can start with a conversation. If you want a free, no-obligation review, send the address and the rent roll if you have it.

Read the inherited property guide

What We Review

Income and CostsThe rent roll and available operating records show what comes in and what the property costs to run.
LeasesLease dates, options, and expense recoveries help identify decisions ahead.
VacanciesWe consider asking rents and the costs of leasing available space.
ValueWe estimate value today and after lease-up using the information available.

Illustrative property review

Sample Center

9 suites · 13,510 SF

Vacant Suites

Suite 103 · 1,240 SF · Asking rent $3.25$48,360 per year
Suite 109 · 1,800 SF · Asking rent $3.75$81,000 per year

Upcoming Lease Dates

Suite 107 · Insurance office · Dec 2026+$2,700 per year
Suite 102 · Nail salon · Jun 2027 · One 5-year option

Renewal: Suite 107 at $3.35 NNN.

Potential Recovery

CAM and expenses the leases allow you to recover.+$5,416 per year

Estimated Value

Today about $5.35M · After Lease-Up about $7.94M

Sample · Sample Center is fictional. Sample figures are illustrative. Values use a 6.5% cap rate.

Questions

Do we need to decide whether to sell before we contact you?
No. A first conversation can cover the property and the options your family is considering.
What should we bring to the first conversation?
Start with the property address. A rent roll is useful if you have one, but it is not required to start.
Can you help if the property has vacant space?
Yes. We can review the vacancies and discuss asking rents, marketing, and leasing.
Does the property review cost anything?
No. The one-page property review is free and comes with no obligation.

Guides

Owners and heirsInheriting commercial property in California: the first 90 days10 min readRetail centersTransfer taxes on a commercial sale in Los Angeles and Orange County9 min readRetail centersWhat shopping center management costs6 min read