High Crime Rate City and Triple Net Retail

[Shane Montgomery]

Does anyone have any experience with a high crime rate area (70% above national average), and NNN retail commercial property? Would like to know what experiences you had to put up with, and if the investment was worth the risk.

[David M Trapani]

Hello Shane,

Have 2 NNN QSR's in arguably higher than avg crime areas East Memphis, TN and Dearborn, MI. Both are brand name fast food businesses owned by 2 of the largest QSR operators in their field. Long term NNN leases with bumps built into the leases. They both do very well. People need to eat & fast food (esp with drive-thru) tends to be high demand even during pandemic times. Highly recommend the drive-thru aspect. Hope this helps. Cheers & best wishes.

David