If it is an area that supports that type of demographic, then yes, 1 bedroom units can be great. 

Once you do that add demographics and that should narrow your search.

Example a Starbucks in a weak suburban to rural market that is going for 1.6 million versus a Starbucks in an urban core to strong suburban with excellent demographics for 2.3 million to me is the better buy unless possibly you are local to the market.Over time the strong locations tend to have stronger rent growth values, the air rights become worth more as density increases and you can build up but no more land,etc.NNN trade at different cap rates and price points.

Then check if the demographics of the surrounding area support the purpose of the bank.Good luck.Oren

Finding a property that makes sense financially and demographics-wise is not even very hard.

If you're rents are lower than that, you are probably subjecting yourself to a lower demographic of the tenant pool.

@Gary Bahl without know the complete demographic profile of the area and exact location I would say assisted living could be a good choice as well as dividing the space up into smaller medical offices if its i an area that would support it. 

I would also be sure to do an extensive amount of research so you can learn the local area, market trends, demographics, zoning ordinances, job market etc.

Dropped my rates by about 75%, which catapulted my listing from about the 75-125 home rank in the searches of my demographic to top 10 of my demographic (4br/3ba, private pool, house, waterfront) and top 50 of all demographics, and easily the lowest or just about the lowest price. 

Ideally:- A visual layout of the property with color coded units indicating the unit's status- list of rent roll including lease expiration dates, if month-to-month status, and any other notes- Auto generated vacancy rate, and auto generated cap rate property value based on projected income- Different tabs for multiple properties- Maybe extra features like local demographics, business saturation, comps, etc- Cloud computing access for multiple locations and users- Who is current or behind in rentI know it sounds like a lot and very specific.I have spent a lot of time googling and haven't found anything that matches this.