There are definitely prime areas surrounding the main bar/restaurant districts that go fast. 

We have a management agreement set up with the utility so that if they don’t pay the gas or electric the utility does not get shut off but reverts into our name as to save from pipe freezes.

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?

But my idea is how about converting the warehouse into a restaurant? 

Restaurants, supermarket and all entertainment are all within walking distance.

It turned a 2 car garage into a 1 car garage, but a person can pull a car into the garage, shut the garage door, and still easily get up the ramp. 

You negotiate they settle for 100k to break lease early and shut down the business.

Movie theatre, restaurants, super markets you name it!

Our family loves great restaurants, entertainment, etc. and would find it difficult to lose access to that.No state income tax states get major bonus pointsWe love the outdoors. 

The first floor consists of 2 restaurants and the second and third floor is basically a 5 plex of apartments.