Discussion
Ground floor of a mixed-use building I'm underwriting. The suite is 1,800 sf, dark for fourteen months per the seller's leasing reports. Asking rent is $14/sf NNN. A prospect in t…
Discussion
Listing is $1.6M. Six apartments at $1,400, plus two ground-floor suites, one at $2,200 a month and one at $1,900, both described as triple net. Seller's sheet adds all of it, sub…
Discussion
Six apartments over 2,400 sf of storefront, building went up in the 1920s, and the parcel got rezoned to a residential district decades ago. The commercial space is a legal noncon…
Discussion
Corner building from the 1930s, five apartments over two storefronts. One storefront is a taqueria with a fryer and a hood, the other is a dry cleaner drop-off. My whole backgroun…
Discussion
Reading a lease pack on a corner building, five apartments over two storefronts. The commercial lease says the tenant pays its proportionate share of taxes, insurance, and utiliti…
Discussion
Working through a structure I've read about in a couple of places and don't fully follow. A building with 4,000 sf of ground-floor retail and twelve apartments above gets condomin…
Discussion
Building is about 6,200 sf. Two storefronts on the ground floor, roughly 1,500 sf each, four apartments over them. The listing calls it mixed-use and the broker keeps saying the a…