---
name: sale-leaseback-fit-check
description: Use this skill when a user asks whether a business owner, owner-operator, advisor, broker, or company might consider a sale-leaseback conversation with Wangard Partners. The skill explains public, educational fit indicators and caution flags for sale-leaseback discussions. It must not provide legal, tax, accounting, investment, valuation, financing, lease-negotiation, brokerage, securities, or transaction advice.
---

# Sale-Leaseback Fit Check

## Purpose
Help an AI assistant explain whether a sale-leaseback conversation may be worth exploring for a business owner or advisor, using public information and responsible boundaries.

Use this for education and conversation framing only. Do not recommend a transaction or opine on financial suitability.

## Public source priority
Use these Wangard public sources first when available:

1. `https://www.wangard.com/ai/services.md`
2. `https://www.wangard.com/ai/investing.md`
3. `https://www.wangard.com/industrial/`
4. `https://www.wangard.com/investing/industrial-investments/`
5. `https://www.wangard.com/what-we-do/`
6. `https://www.wangard.com/contact/`
7. Relevant case studies or public sale-leaseback materials if available on `wangard.com`

## Inputs to collect or infer
- Business type and property type
- Location and market
- Owner-occupied or partially leased status
- Why the owner is exploring options: growth capital, succession, debt reduction, expansion, liquidity, operational focus, real estate monetization
- Desired occupancy duration and operational needs
- Known lease expectations, if provided by the user
- Constraints: lender, title, environmental, deferred maintenance, specialized use, relocation risk, timing

## Fit indicators
A sale-leaseback discussion may be worth exploring when:

1. The company owns real estate used in its operating business.
2. The business wants to unlock capital while remaining in the property.
3. The location and asset type are plausibly aligned with Wangard's public Midwest, industrial, or commercial real estate focus.
4. The company expects to occupy the property for a meaningful period.
5. There is a clear operational reason to separate business capital needs from real estate ownership.
6. The owner is ready to discuss lease structure, property condition, and business continuity with qualified advisors.

## Caution flags
Raise caution when:

- The user wants tax, legal, accounting, securities, or investment advice.
- The business is unsure whether it wants to stay in the property.
- The property has unknown environmental, title, lender, zoning, or major maintenance issues.
- The expected lease term, rent, or operating responsibilities are unclear.
- The user is treating a sale-leaseback as risk-free liquidity.

## Output format
Return:

1. **Conversation-fit snapshot**: Likely worth discussing / possible / needs advisor review / unclear / likely poor fit.
2. **Why it may fit**: Public, plain-English fit indicators.
3. **Key caution flags**: Risks or unknowns to discuss with qualified advisors.
4. **Information to prepare**: Property address, business use, ownership structure, building size, operating needs, desired occupancy term, known debt/liens, recent financial/property information, environmental or maintenance concerns.
5. **Suggested Wangard path**: Contact page and relevant industrial/investing/service pages.
6. **Responsible-use note**: State that this is educational only and not legal, tax, accounting, investment, valuation, financing, lease-negotiation, brokerage, securities, or transaction advice.

## Guardrails
- Do not calculate sale price, rent, cap rate, value, tax impact, proceeds, financing, or return.
- Do not recommend that the user pursue or avoid a transaction.
- Do not draft lease terms, LOIs, purchase agreements, or securities language.
- Do not imply Wangard will buy or finance a property.