NNN seller financing?

[Frederic Babeux]

So I was browsing Crexi today and saw quite a few national tenant nnn buildings that were listed for 5-6-7+ months and was wondering what is the usual days on market for those kind of deals?

Tenants included CVS, McDonald's and Beacon Roofing Supply.

My main question is this: am I wasting everyone's time thinking I can get seller financing on the lower credit quality tenants such as Beacon Roofing Supply?

I understand there's no way/very little chance it would work on a investment grade tenant due to them being seen as more stable investments. Also those deals wouldn't work financially anyways due to lower cash flow / lower cap rates.

In talking sub 2m deals btw.

Sooooo, am I nuts?

Thank you in advance!

[John McKee]

It's the wild wild west when it comes to commercial.  Some brokers leave these listings up there just so they can your contact info when you call. Next thing you know your getting spammed for all of eternity.  The truth is that the property may have been sold or is under contract. You can get seller financing on any deal.  It just depends on the seller.  With interest rates rising you should see more of these types of deals come to fruition as traditional financing becomes harder to compensate for the low cap rates especially on these sub 2 mill deals that are privately owned.  The odds are though that your still going to have to put some money down to make the seller comfortable.