One question I have is whether a cap rate of 8% is good for a cap rate of 8% is good for this type of property:

Also, where do I find people interested in buying such a property? Can I contact you for more questions?

NET LEASE INVESTMENT

20,000 SF CENTER

BUILT 10 YEARS AGO

PROPERTY LOCATED IN AFFLUENT DEMOGRAPHIC NEIGHBORHOOD..MEDIAN INCOME ,000 PLUS.

WITHIN 1 MILE TWO REGIONAL HOSPITALS

ABOUT 200 FEET FROM WALGREENS.

TENANTS INCLUDE 4 MAJOR NATIONAL FRANCHISES..ONE REAL ESTATE..ANOTHER HAIRCUTS, ANOTHER TAX PREPARATION, ANOTHER COFFEED AND DOUGHNUTS AND A MAJOR NATIONWIDE INSURANCE COMPANY FOR HOME AND AUTO..
GREAT VISIBILITY & ACCESS

STOP LIGHT INTERSECTION

SELLER ASKING 4.5 MILLION DOLLARS

Like this post? Subscribe to my RSS feed and get loads more!