Retail investing covers ownership of retail property, from neighborhood and grocery-anchored shopping centers to single-tenant net-lease buildings occupied by national chains.
Log in to followQuotes I've been looking at on single-tenant retail keep setting up the same conflict, and I want to know how the buyers here resolve it. Take a box with 9 years left on a corpora…
Looking at a 68,000 sf grocery-anchored center. Grocer occupies 45,000 sf at $9.25/sf NNN with six years remaining, then four five-year options at a flat $10.00/sf. Inline space i…
A local owner I've done CAM cleanup work for wants me in on his next one. Structure as pitched: I put in $60k cash, I run leasing and day-to-day management for the JV at a market…
I want boring income and no second job. Two paths keep coming up and they seem to point opposite directions. One: buy a single-tenant building outright, national chain in it, trip…
Former drug store box, 12,200 sf, been dark a while. Market rent for the whole block is about $16 NNN because there are maybe two users in the trade area who want that size. Broke…
Freestanding discount retail box, 9,100 sf, small rural town, population about 3,400, on the state highway across from the school. Built 2011 for the tenant. Rent $73,500, so $8.0…
I keep getting told net lease is the passive option and that closing costs are minimal because the tenant handles the building. Then someone in another thread said a Phase I is $2…
This closed six weeks ago and I've been waiting to write it up until the first rent hit the account, which it did on the second. What it is: a 2,100 sf condominium retail unit ins…
I'm reading the lease on a 2,400 sf drive-thru restaurant box, 12 years remaining, 10% bumps every five years, asking price puts it around a 6.4% cap. The offering memo says "abso…
Under contract review on a freestanding 8,200 sf retail box in a midwest town of about 22,000, auto parts type user, national chain on the sign and the corporate entity on the lea…
A 41,000 sf grocery-anchored center came across my desk this week. Anchor has 8 years left plus four five-year options, base rent $11.75, and the seller volunteered store sales of…
I've been saving toward one purchase for a while and two very different retail deals are in front of me at almost the same price. Deal A is a three-bay strip about twenty minutes…
I took a management and leasing assignment on a 23,800 sf unanchored strip in a second-ring suburb. Nine tenants, no anchor, built in two phases. Fee was 4% of collected rent, aro…
Small center I own, 22,400 sf, six bays. The largest is 12,000 sf and the soft goods tenant in it goes month to month in March at $8.25 net. They've told me they're done. Inline s…
An owner I'd been talking to for a year had a former furniture showroom sitting dark in an 18,400 sf six-bay strip. Fourteen months vacant at $14 psf NNN asking, three tours, no o…
I've been looking at land and holding patterns for a while and I want something that pays while I wait. Retail keeps coming up, and the two shapes I can actually afford look compl…
My first rental is residential and closing soon, so I've spent months on screening tenants for houses. A 1,400 sf end bay in a small strip near me is for sale and the seller's lea…