Anchor grocer has fixed-rent options 30% under market for 20 years
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…
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 followLooking 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…
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…
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…
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…