Lextract helps due diligence analysts abstract acquisition lease stacks in hours instead of weeks. Extract rent rolls, detect lease risks, and export data for underwriting models.
By Angel Campa, Founder · Updated March 2026
Due diligence analysts face crushing timelines when abstracting lease stacks for acquisitions. A typical commercial property acquisition requires reviewing 10 to 50 leases within days, extracting rent rolls, verifying tenant information, and identifying lease-level risks that could impact valuation. Manual abstraction under these conditions leads to errors, missed risks, and incomplete analysis. One overlooked below-market renewal option or an aggressive recapture right can materially affect the investment thesis.
Lextract transforms acquisition due diligence from a multi-week manual process into a same-day operation. Analysts upload the entire lease stack and receive structured abstracts for every tenant within minutes. Automated red flag detection surfaces risks that could affect property value — missing termination options on long-term leases, excessive holdover penalties, or missing CAM caps. The structured export format feeds directly into underwriting models, eliminating transcription errors between lease documents and financial analysis.
Upload Acquisition Lease Stack
Batch upload all tenant leases from the data room. Lextract processes scanned and digital PDFs, handling the formatting inconsistencies typical of data room documents.
Verify Rent Roll Data
Compare extracted base rents, escalation schedules, and lease terms against the seller-provided rent roll to identify discrepancies.
Assess Lease-Level Risk
Review red flags across all leases to identify risks including missing CAM caps, absent termination options, recapture rights, and below-market renewal terms.
Export for Underwriting
Download structured data for integration with Argus, Excel models, or investment committee memo templates.
Generate Summary Report
Produce a portfolio-level summary showing lease expiration profile, weighted average lease term, and aggregate risk assessment.
Yes. Lextract uses AWS Textract for OCR, which is specifically designed to handle low-quality scans, skewed pages, and inconsistent formatting. Confidence scores on each field tell you where scan quality may have impacted accuracy.
A typical 20-lease acquisition stack processes in under 30 minutes. Each lease takes approximately 2-3 minutes for extraction. All leases are processed in parallel, so total time is primarily limited by the longest individual document.
Lextract extracts base rent, escalation terms, commencement dates, and expiration dates for every lease — the core data points in a rent roll. Comparing the extracted data against the seller-provided rent roll is the most efficient way to identify discrepancies.
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Upload your lease PDF and get 125+ structured fields extracted in minutes. Built for due diligence analysts. Just $20 per lease.
Upload Your Lease