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Updated 6 months ago on . Most recent reply

Cody M.'s profile image
Cody M.'s profile image
Cody M.
  • New to Real Estate
  • from Kansas City
  • Member since Sep 3, 2023
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User Stats

26
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9
Votes
Cody M.'s profile image
Cody M.'s profile image
Cody M.
  • New to Real Estate
  • from Kansas City
  • Member since Sep 3, 2023
Connect
Cody M.
  • New to Real Estate
  • Kansas City
9
Votes |
26
Posts
Commercial Real Estate Investing

Commercial Car Lot

Cody M.
  • New to Real Estate
  • Kansas City
Posted

Having thoughts putting an offer in for a car dealership lot in the intercity (Class C neighborhood) that I would like to lease long term NNN. Has anybody had experience with doing one and the results?? Demand, quality of tenants, etc.
According to my analysis should give a 12% CoC return but this is my first commercial property purchase just like some insight or if I should pursue other forms of commercial real estate.

Thank you in advanced. 

Kansas City, Kansas
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