"I Own a Shopping Center, Now What?" Podcast | Episode 20: Asking PSAs From A Prospective Tenant

Beth Azor

Wondering if it’s acceptable to ask a prospective tenant for financials? Absolutely!When dealing with franchisees — especially those just starting out — landlords must go beyond face value and dig into the financials. In this episode, I share what every landlord should examine, from conducting thorough credit checks (including spouses!) to ensuring a strong application is in place. Asking the right questions and requiring verification can make all the difference. With nearly 40 years in this business, I’ve seen how these steps can save landlords from future troubles.Key points covered:

• Navigating tenant improvement (TI) requests for franchisees
• Why credit checks for both spouses are crucial
• Verifying tenant cash flow and bank statements
• Key elements of a startup’s business plan
• Handling third-party brokers who push for conditional approval

For landlords, asking the right questions is key to avoiding financial pitfalls.Don't miss out on future episodes filled with more expert insights and practical advice. Subscribe to my channel now and be ready on owning a shopping center.#CommercialRealEstateInvesting #BethAzor #RealEstatePodcast