Hello all,I am interested in purchasing a NNN commercial property maybe something like a fast food restaurant Fortune 500 tenant $1-2mill.I do not see posts about this at all and need help in researching and educating myself.I know they are generally very low cap rates (I'm seeing 5-6% right now on loopnet).I have heard from podcasts that loopnet is the "trash bin" of real estate and it's better to get a connection with a broker who deals with these types of properties.My question is:How can I, as an investor, learn and educate myself on what exactly is a good purchase price for a property taking into account the asking price and cap rate?

My physician recently told me that if I didn't cut back on the caffeine intake and junk food that i'd be looking at a 'stage 2 bubble,' myself.

Post-car mailers to neighbors. 6% doesn't get you video walk-through, or drone video, doesn't get you food at the open house, certainly if you need more than one open house...

To better illustrate these risks, you can look at the story of Dole Foods in this Bloomberg article. 

The cost for this event is going to be $90 per person and will include 2 hours of golf, snack foods, non-alcoholic beverages, and a lifetime membership card.

Just food for thought, I'm a relative newbie compared to many experts here so feel free to agree/disagree strongly.

I want to buy commercial real estate as an investment with the intent of using some of the space to do something in the food space. 

Rodents are eating tenants food...

As the custodian, they are a processor, and will hold funds, sign documents, issue payments and receive income at your direction. 

Great perspective and food for thought as I consider my options going forward.