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Updated about 2 years ago, 10/31/2022

User Stats

40
Posts
18
Votes
Garrett White
Pro Member
  • Property Manager
  • Durham, NC
18
Votes |
40
Posts

Commercial Lot - How do I get a Starbucks to be our Tenant?

Garrett White
Pro Member
  • Property Manager
  • Durham, NC
Posted

Hey BP. I'm living in an area of rapid residential and commercial growth. I'm eyeing several distressed commercial lots that are in close proximity of 1) a prominent neighborhood in town and 2) new build town houses that are attracting demographics that would perfectly suit placing a starbucks or Caribou Coffee. Any help with how I should analyze making offers on some of these properties/lots? Also, has anyone done land lease deal where a tenant like them builds on top and signs a 20+ year lease?

Thanks!

  • Garrett White
  • Loading replies...