re: question about commercial property I inherited and what to do with it

It's aggravating that a commercial broker is not giving you much of a response, but you really need one who knows the market to give you some advice on the warehouse site.

Most industrial leases are Triple-Net(NNN) which means that the tenant is responsible for utilities, pro-rata share of expenses, repairs, etc. You’d need a broker, or real estate attorney, to check out the existing lease and see what type of rent structure there is and give you some market insight.

Try to hold on to the current tenant if you can. If not, have a broker determine if it’s marketable and try to attract another tenant. Small industrial stuff can be a good fit for an owner-user sale if you decide you want to exit. Keep that cash flow going while you determine the best course of action.