Private Lending for Commercial Strip Center - High CAP Rate

[John Santos]

Hello BP!!!

I came across this strip center in FL that based on the purchase price the Net Cap Rate is close to 14% and with annual rent escalations.

I would like to purchase it but the purchase price is $3,500,000 and I only have 10% down. Maybe I could get the seller to hold 10 to 20% but I don't think they will.

Do you guys know of a good private lender for commercial strip centers?

Thanks for all of the help!!!