1031 Exchange of San Diego

7 min read

Underwriting Bulletproof Net Lease Deals

Combine rent roll audits, market comps, and tenant research to protect every 1031 reinvestment.

Published 2025-02-24

Underwriting Bulletproof Net Lease Deals

Start with a rent roll scrub to confirm rent, expirations, and reimbursement terms. Validate the data against bank statements or sales audits when available.

Pull market comps across San Diego, CA and nearby submarkets to benchmark cap rates and lease rates.

Summarize tenant credit factors, store performance, and any upcoming capital needs inside a memo for your advisory team.

Next steps

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