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Results (478)
Michelle Lutz Whats the best course of action?
21 September 2017 | 11 replies
NNN absolute STNL depending on tenant,location,etc. usually dictates selling cap rate.Generally gas stations, pharmacy, banks pay the most money if it is a corner site.Other option is  a 2 to 3 top strip such as Aspen Dental, T-mobile, and a Starbucks in one spot.Overland Park generally has a low end area and then on the other side a high end demographic  over 100k income on the other side.
Jay Gill Location vs Leaseterm/cap
12 October 2015 | 8 replies
The major thing I'm seeing is that nationally recognized tenants, such as fast food chains, pharmacies, dollar stores and regional grocery chains don't really yield a cap over 5% or don't have a lease more than 5 years. 
Chet Mazur Walgreens purchase of Rite aide
31 January 2018 | 2 replies
So some stores might be shut down and then they are subleased to a battery store,dollar store,bank, small town pharmacy, etc. until the primary term of lease of Walgreens or Rite Aid runs out.Rite Aid is not picking up Walgreens credit.Until the sale is final and approved by the FTC I wouldn't read too much into it 
John Fabros Springfield Mixed Use?
29 June 2017 | 7 replies
With the Walgreens pharmacy?
Steven Somasundaram Commercial aaa tenants
8 June 2020 | 10 replies
@Patricia Steiner yes I understand but like everything higher risk better return but I want to know how to attract clients like medical clinics dental clinics pharmacy where economic crises don’t affect them people still need cares
Prithvi Sri Cost Segregation of an Absolute Net STNL property
26 October 2022 | 13 replies
Pharmacy like Walgreens typically 30% year one and Davita can be up to 35% year one with bonus depreciation of building value.Remember often purchase price land is 25% of value and building 75%.
Aaron Xie NNN with a commercial bank tenant
27 May 2016 | 25 replies
You have to analyze the dirt you are sitting on as a key metric.If you are going for a 5 cap it's better in my view to do a pharmacy.
Derek Luttrell Renting to Students with Overseas Parents
8 February 2018 | 2 replies
I've been chatting with an applicant through Facebook Marketplace, and he is a Pharmacy intern who says he doesn't get paid right now, but he can show his bank statements that prove his parents send him money for rent every month.
John Yarenis Anchor Tenant Question
10 September 2014 | 1 reply
Without knowing the whole development and what your exposure is it's hard to give a lot of info.I can tell you FOR SURE whether a corporate restaurant or not that rents do not stay flat for ten years.Even if a highly profitable corporate store rents increase at least 1 to 1.5% annually.If you have flat rents my clients will just buy a pharmacy with much more quality and security.Is this a ground lease, double net, triple net??
Reuben Stone Calculating PP with changes in State regulations
2 July 2015 | 7 replies
Pharmacies sometimes request this for extending early.You can't buy on POTENTIAL.