Baboudjian Properties is very attentive to the commercial properties we manage. We devote ourselves to bring quality businesses as tenants. Our goal is to set long-term leases and yield a high return with a favorable CAP rate.
Baboudjian Properties is an industry-leading resource, providing owners and investors with comprehensive leasing and targeted marketing strategies. Every leasing assignment at Baboudjian Properties begins with the goal to outperform the competitive set in the submarket. We constantly analyze market metrics to determine lease rates are at market value. Hard work and accountability combined with proactive communication to brokers and tenants and real-time market knowledge to clients, results in properties that lead their markets in rent, occupancy and retention.
Triple Net (NNN) Leases
With Triple Net (NNN) Leases, it is important to have a Property Management company that understands the concept of NNN thoroughly. At Baboudjian Properties, we are very attentive to the estimates we send to tenants and the reconciliation that is done during year-end of the actual versus estimated expenses.
Repairs / Maintenance
With a team of licensed and insured repair and maintenance service professionals, Baboudjian Properties has the resources and technical skills to address nearly all repair and maintenance needs. With our computerized work order system, service requests are responded to promptly and regularly scheduled service calls can be coordinated to address your routine repair and maintenance needs. This system allows us to track repair and maintenance issues in order to anticipate future needs. As a professional property management company, we work to stay on top of the following important issues:
- Responding to Tenant Service Calls
- Preparing a Preventative Maintenance Program
- Implementing Cost Effective Maintenance for Properties
Financial Management and Reporting
Annual Operating Budget Development
Annual CAM Reconciliations
Customized Monthly Reporting
Preparation of Monthly Budget Comparison and Variance Reports
Monthly Rent Roll
Monthly Receivables/Aging Report
Monthly Rent Statements
Compliance with Providing Property Information for Loan Covenants