They buy at retail price and in 3 years are moving somewhere else.

Good evening,I'm leasing out a 2000 SF shell retail space on downtown strip that's been used for retail for the past 15+ years.

They want as close to retail market value as they can get.

I have a syndicator that needs an 8 cap on retail but can buy 10 to 15 million in price.

Retail buy and rent?

I see a lot of vacant commercial properties in my area and am wondering if anyone has had any success converting commercial/retail into multi-family; and, if so, what was the experience like?

Yea, I agree... it's the same system...buy at a discounted price, clean it up a bit and sell it at retail.. except there are more money in houses and you can end up building real wealth...

As the retail market buying season starts to heat up in the next month or two, keep an eye on trends for this area in the local and national news.

The property is in Temple, Texas CBD, which has seen significant revitalization, and needs a rehab to maximize value and attract high performing tenants(retail and office).

I have seen it a few times before with a doctor buying retail centers at 20% down instead of 25 to 35% down but he had all his deposits there and personal guarantees across all assets.