To invest in commercial rental property, you need to be prepared for all of the responsibilities that fall upon an investor and owner. This includes keeping your building up to code and safe for tenants and their customers and visitors.
Inspections are an ongoing part of owning and renting out commercial space. Understanding what inspectors look for during a commercial building inspection is vital. This knowledge can not only help you stay compliant with regulations, but also maintain the value of your property and the safety of its inhabitants.
Regular commercial building inspections are critical for several reasons. They:
- Identify safety hazards and enable timely corrective actions.
- Ensure that the property meets local, state, and federal building codes and standards.
- Help in maintaining the structural integrity of the building.
- Assess systems and components like electrical, plumbing, HVAC, and roofing for performance and longevity.
- Can influence insurance premiums and liabilities.
Let’s take a look at what inspectors are really assessing.
Structural Integrity
Inspectors will examine the foundation, framing, and overall structure of the building for signs of distress, such as cracks, rot, or corrosion, which may compromise the building’s integrity.
Roofing and Exterior Elements
The roof is scrutinized for leaks, proper drainage, wear and tear, and its general condition to prevent future damage from environmental factors.
Walls, windows, doors, and any outdoor structures are checked for problems that could lead to water infiltration or energy inefficiency.
Interior Systems Including Electric and Plumbing
Flooring, walls, ceilings, stairs, and railings are assessed to ensure they are in good condition and pose no safety risks. The electrical system, including service panels, wiring, and grounding, is closely evaluated to prevent fire hazards and ensure they meet current codes.
The plumbing system, including pipes, fixtures, and sewage systems, is checked for leaks or blockages and assessed for compliance with sanitary requirements. Your HVAC system will also be inspected. The heating, ventilation, and air conditioning are crucial for tenant comfort and are inspected for efficient operation and maintenance issues.
Fire Safety and Building Codes
Inspectors look for proper installation and function of fire safety features, such as sprinklers, alarms, extinguishers, and escape routes.
Compliance with all applicable local, state, and federal building codes is a must. Any changes made to the building since its last inspection will be examined to ensure they meet the latest standards.
Accessibility and Environmental Concerns
The building must comply with the Americans with Disabilities Act (ADA) standards, providing accessible routes and facilities for people with disabilities. Potential environmental hazards such as mold, asbestos, and lead are identified to safeguard tenants and avoid legal issues.
Understanding what inspectors assess during a commercial building inspection allows you to be proactive in maintaining your property and preparing to prove that it’s safe. This enables you to anticipate potential concerns and address them promptly, ultimately leading to a smoother inspection process.
Staying ahead of inspections not only protects you from regulatory headaches but also bolsters your reputation as a responsible property owner committed to the well-being of your commercial tenants.
If you’d like to talk more about how to prepare for and pass building inspections, consider working with a team like ours. Please contact us at Preston-Lee Management Company. We’ve been providing property management services in the High Desert for more than 30 years.