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Updated almost 11 years ago,

User Stats

195
Posts
100
Votes
Jimmy Klein
  • Investor
  • Houston, TX
100
Votes |
195
Posts

Cap rate on retail strip with three units?

Jimmy Klein
  • Investor
  • Houston, TX
Posted

I need some help figuring out the appropriate cap rate on a three unit retail strip center. It is right next to a Walmart in a small town. It was built in 2013. None of the tenants are major retailers. They are asking 7.5%. I have feeling thats still low, thoughts from those with experience on this.

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