We turn down deals that are 15% cash on cash all day long.Retail Negatives The amazon effect will kill retailBig Box closures (JC Penney, Toy r us, Bed Bath and Beyond etc)Malls are closingRetail PositivesCan't kill internet and recession resistant businesses (dog groomers, restaurants, bars, medical, QSR's, hardware, urgent cares etc)Retail grew at 6.9% year over yearCBRE reported retail vacancy is the lowest it has been since they started recordigng that metric at 6%Retail PlayBuy retail in suburban locations where new competition is land locked.Stress test your deals and tenantsStay away from areas where there are millions of sq ft of retail (think where the Costco's or Best Buys are)Post Covid, we have become accustomed to going to suburban downtowns vs metropolitan city centers and that is where all of the growth is.Retail Case StudyWe purchased a 96k sq ft strip mall that is 18% cash on cash at purchase. 

persistence destroys resistance!