I wouldn't typically recommend this strategy unless there is a significant investment coming from public/private groups in the area, but if the root cause of the neighborhood sliding back is the convenient store and you know that the owner is going to do something to significantly change space, it is probably worth pursuing some improvements in conjunction. 

The one other thing that comes to my mind is adding an ADU (attached dwelling unit) -  do you have the space to create an additional 400-1000sqft unit on your property? 

There's an investor and teacher in Southern California named Andy Teasley who's very active in this space.

We are currently looking for a space to lease as well as a general contractor to complete the build-out of our center.

We are currently looking for a space to lease as well as a general contractor to complete the build-out of our center.

With apartments you pay for snow removal, lawn and common space maintenance. 

There has been new commercial spaces, restaurants and the movies renovated not too long ago.

Hello - BP Community - I am looking for someone that has gone throughthe 1031 process into a DelawareStatutory Trust (DST) I have severalSFR that have built up some equity and I am not getting the returnon equity anymore , so looking at options in the Multi family as wellas DST space .

On my end - I've heard that some of the easiest (and potentially cheapest) tricks could be:- applying a fresh coat of paint on the exterior / interior living room spaces of the home- refurnishing doors / door knobs - updating the lighting of bathrooms or kitchen area light fixtures- bathroom refurbishment- curb appeal / clearing out excess weeds/trees/shrubbery.I've also heard of situations where the home owner would either offer to build, or provide a backyard shed for the tenant as additional storage space, charging an extra $100-$150 per month if the tenant wanted to use it. 

As I only use 10% of the 20-space parking lot, I'm kind of getting annoyed at the premise of paying $250-$500 out of pocket per storm, I'd rather get out there and do the work and pocket $250-$500 per storm.