Just talk to your prospective tenants, leasing brokers, other facilities nearby.

Along with a Self Storage facility I financed for him 100%.. 

I know Public Storage and Extra Space have these units in a small handful of their facilities in the area and plan on taking a quick trip out to them to chat up the managers at some point.

You can also locate points of contact at the medical facilities and let them know when you have a vacancy coming up.

I was managing a self-storage facility for someone before I bought my own facility, so I had the experience first.

The price per sqft is very high for an office built out for medical use.. however, there is an in place tenant paying strong rent with 3% increases for 10 years (close to 7% cap, NNN)What I don't understand is why the tenant agreed to pay close to 2X market comps in rent in price per sqft per year for this facility.

As I stated my client from Charleston paid the 100k but was one of 8 and all of them got together many many times during the year at the Mentors facility in FLA to do their classroom work.

We wanted to demo the house and use the property for a storage facility as it is adjacent to two major highways.

I don't frankly know I have a dinner with him in a week or so will get more detailI know he bought a facility .. he owns dirt all over Oregon so that's not an issue.. and I know he has the financial ability to execute.. what I don't know is if he has just done these so far for his own account or has sold to the public.Standby I will find out and report back..

What are your thoughts on turning a property into a section 8 facility?