It was previously used by a pharmacy to make up prescriptions.

I work for a pharmacy.

You generally have to put 25% down.So if you put 25% down or 250,000 to buy a Dollar store you might as well try to by a pharmacy for 10 to 15% down instead.

This way if owner cannot renew then lender can foreclose and be close to made whole on the loan.Dollar stores and Pharmacy are generally flat rent in primary lease term with no increases.

Peter started off running a pharmacy and is currently the VP of a multinational company.

There are some pharmacies as well as (GSA) government sponsored agencies where you can hit 95 to 100% LTV.It has to be a strong area the lender likes,firm term the lender likes,investment grade,etc.It is not however no money down.For the purchase price the loan point is usually 1 percent and with MAI appraisal,site inspection,phase 1,legal fees,survey,etc. the cost to close is a few hundred thousand.These types of properties tend to be "zero cash flow" deals where the buyer is sheltering tax income and taking depreciation.The GSA are not triple net and are usually modified leases where the landlord has certain responsibilities.

@Lukas Zupan I was managing a pharmacy (at that time ~14 stores in the chain), when our company announced they were closing 5 stores.