For years now prices have been rising faster than rents in most places, meaning cap rates have been compressing, which lowers returns.

Conversely, acquiring a value-add park will grant you cash flow the day you close, which dramatically compresses the time required to fully stabilize a park. 

The mixture with low interest rates compressing CAP rates and demand for retail space diminishing, we will more than likely see stagnant rent growth and rising cap rate (as interest rates increase).

Right now, inventory is a little compressed so the sellers have a little bit of an advantage IF it is priced correctly.

I agree with @Eric Johnson you will need to wait until liquidity is restored and some confidence regained, it is my belief the compression stays for a while possible through to the end of the year.

In lieu of turning on, you can do an air compression test to detect any leaks in the plumbing.  

This is an example of cap rate compression. 

We are based in New York, and our investors are accredited investors from large cities like New York, Boston, and Tokyo, where returns to real estate are compressed by the amount of money available to purchase real estate.  

I think in some of the colder climate states for the urban core caps rates are too compressed for retail unless suburban to rural.The caps you find there at a 9 are in okay areas.

Pave Driveway $5,000.00 add compressed asphalt w. gravel and sand to pavement add 8X10 asphalt to landing outside in yard area add/elevate asphalt for water drains 15.