In this video, Joel, Principal Broker, discusses the disadvantages of owning a single-tenant property. Joel talks about who is responsible for the monthly payment if the property is vacant and what the cap rates are for this type of property. Who is...
Often times I hear potential clients wondering what they should be looking for in a single tenant NNN broker? To know what to look for you have to understand the commercial NNN STNL space and how transactions happen which not a lot of people talk about. On the listing...
With real estate there are stabilized full value properties for purchase and then there is Value-Add. With STNL NNN there are lots of ways to add value to a property. Ground lease — Buy the land only. Since only buying the land the rents are typically 50% below market...
If someone is an accredited investor they often get on people’s lists and get pitched all kinds of proposals for investments. Many are not even in the real estate realm. These companies are often wanting to talk an investor into buying anything at anytime. The more...
These are the items that are critical, and should be on your checklist for due diligence on any retail center: Condition of Roof (is there a warranty / does it transfer to buyer / roof type / are there more than 2 layers on the roof) Geological Reports (what type of...
A multi-tenant net lease (MTNL) is when you have more than one tenant, typically in a retail center, (although you could also have multiple tenants that are NNN in a medical building or an industrial building). The most common is a retail building. Unlike single...
