However, many of those properties are actually on ground leases, so its very rare that the shopping center owner is willing to parcel off a pad and cell it, more often than not they are retaining the dirt and the restaurant is leasing the dirt (generally $100K-$180K annually from most markets I operate in) and then the business builds the building and when they leave the LL gets to keep it and lease it to another tenant. 

Property is currently the following per MDC,PA Primary Zone 3161 UC CENTER - RESIDENTIAL MODIFIED (RM) 4 MAX HTPrimary Land Use 0802 MULTIFAMILY 2-9 UNITS : 2 LIVING UNITSThanks in advance, Respectfully,Andrew

Hi Illya, Columbus has been booming lately, thanks to big names like Intel (dropping a cool $20 billion), Meta, Amazon, and Google setting up shop with warehouses and data centers.

I just broke ground on a 27-acre commercial center.

For instance, here in Lake Tahoe, South Lake Tahoe recently banned STRs everywhere except in town centers where guests can rely on public transport and promote more walkability. 

I’ll attach a link to a page that describes this in detail as there’s some things to note. https://www.realtymogul.com/knowledge-center/article/what-is...3) who’s your ideal tenant?

I was front and center through that and I swore after that I would never take on the roll of syndication the stress of failure was to great.. so I just stuck to HML and doing my own deals personally and building. 

I'll wait a few days, think it over, get centered and take advice and if I think its still worth posting or needs to be posted, then I'll post it. 

With all of the forthcoming infrastructure improvements underway, if the the rental/STR market cools, future investments will coalesce around neighborhood markets, and organically create neighborhood centers around shopping, nightlife, entertainment, etc.

My career, financial, and lifestyle decisions are now mostly centered around what gets me the most time and memories with them.