I wouldn’t go as far to say it’s a scam, but the amount they’re taking as a cut is unheard of in the industry. 

Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

Two groups that I will consider investing with again are Colony Hills Capital for multi family and FNRP, which specializes in grocery and big box store anchored retail spaces.  

They appear to be very active in the industry.

is it priced at retail despite the issues, or is it priced to move?

As we can see the average retail investor is still quite negative.

Many times if it sounds too good to be true it is. 5% down and 5% on a rate would be well below industry average currently

Love that you've had plenty of experience in the real estate industry. 

@Justin Boyd just saw the location on this, I'm somewhat familiar with that market, we do quite a few retail deals in CLE and the surrounding areas, I'd be happy to give you an opinion on the site if its helpful.  

Then there's misaligned incentives players in the construction industry may make more money the longer a project takes to get completed.