This would be a FIX and Retail Deal.

Well my exit strategy for this property was a rehab and sell it to a retail buyer.

Apartments, retail, industrial?

I have been in the auto industry since 2003.

Hi,I've been a real estate investor for 45 years, and specialize in apartments and other smaller commercial properties, including office, warehouse, retail, motel, and mobile home park investments.I also am a real estate broker, and help others buy and sell similar properties.

BPO can be hundreds into the thousands.Example evaluating a NNN single building is way different than having to evaluate a current value and comps for a brand new retail project in development process with multiple buildings.If you are looking at buying the property yourself you could pay the fee upfront but then get a credit at closing from the broker off of their commission amount if they agree to it.Back in 2009 and 2010 markets were frozen.

Do you plan on actually buying the deal and making the repairs and then sell retail?

The last one years ago was a 20 parcel assemblage on 25 acres for 650,000 sq ft mixed use retail development and an after build value project of 150 million dollars.A smaller parcel of say one acre has less involved with it.

Good luck getting into the industry.

They are trying to sell their properties due to headaches and just getting out of the business.I looked at all those properties and most have a lot of deferred maintenance AND they wanted retail prices for them.