CompStak or other services for lease and sales comps
Hi everyone,

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What services are people using to get lease comps? E.g. If I'm looking at buying a property and doing due diligence to see what I can rent it for. I know I can ask a broker, but I'm interested in doing my own research.

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I have heard of CompStak as a service that provides these data. Does anyone have any experience using this tool? Or are there other services you recommend to get individual lease/property-level lease/sales comps?
[{"id": "inm0gq7", "text": "Not likely to help you but my office uses CoStar", "replies": [{"id": "inm0s1y", "text": "We use CoStar too but if I recall correctly, they only have sales comps... not lease comps. And our team has some reservations about their market rent estimation.", "replies": [{"id": "inm15zk", "text": "They have lease comps. I\u2019m looking at a few as we speak &amp; I\u2019ve never heard of CompStak.", "replies": [{"id": "inm1ufc", "text": "CompStak has their own issues with their lease comp database, but way better overall than CoStar lease comps imo.", "replies": [{"id": "inmmurs", "text": "How good is the lease data?", "replies": [{"id": "inmq4ci", "text": "It\u2019s by no means perfect, it\u2019s all generally user submission due to how their platform and credits work, but it\u2019s typically more accurate than CoStar, as well as having more data points.", "replies": [], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}, {"id": "inm5v0c", "text": "Yeah I generally throw out any of their estimated leases rates. They do have a lease comp section and you can also search for spaces currently listed for lease.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "inm14ks", "text": "Compstak is good for leases. I use CoStar and RCA for sales comps", "replies": [{"id": "inm4vz4", "text": "RCA?", "replies": [{"id": "inmatez", "text": "Real capital analytics", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "inm81am", "text": "CoStar does have lease comps but I would verify if possible. I\u2019ve gotten plenty of marketing from CompStak but have never used it. They would occasionally send a few rent comps as samples and the one that I already had a copy of the lease was accurate but that\u2019s the extent of my experience.", "replies": [], "depth": 1}, {"id": "inmdqiv", "text": "How you going to use compstak there champ, you need to submit comps to use it. You can\u2019t pay for it with money.", "replies": [{"id": "inmlr4t", "text": "We have our own comps. But you also can pay for it, they have their enterprise offering.", "replies": [], "depth": 2}], "depth": 1}, {"id": "inmn43i", "text": "I used to work at CompStak. Good for lease comps in big markets. I would make sure to see the data they have in the market before you purchase a subscription.", "replies": [], "depth": 1}, {"id": "inmw0xh", "text": "How specialized is the asset class? If it\u2019s specific like a data center or like indoor weed farm then you\u2019ll need to probably make a phone call to a broker from CBRE or JLL", "replies": [], "depth": 1}, {"id": "inn6170", "text": "Call an appraiser and ask for some comps.  Or hire them to do a restricted report for you if you don't have a relationship with one.", "replies": [], "depth": 1}, {"id": "inp82z0", "text": "Crexi has nationwide sales comps. You could also use their lease marketplace to gauge what the asking rates around the area are.", "replies": [], "depth": 1}, {"id": "inxsil0", "text": "Rental Lease Trac for retail space", "replies": [], "depth": 1}, {"id": "iock7w5", "text": "I use RCA and CoStar to get sales comps, but not great for lease comp data. I typically just call brokers. Also, if it\u2019s a larger market, TREPP has CMBS prospectus and other write ups that have basically a full underwriting and a good amount of lease comps", "replies": [], "depth": 1}]