Just some food for thought!

I'm giving you food for thought, not advice.

I found CPI report for the area for 2022 “Over the year, the index for all items less food and energy increased 5.6 percent” (Consumer Price Index, San Diego Area — November 2022Area prices were down 0.7 percent over the past two months, up 6.7 percent from a year ago)The tenants have been there since 2019; we only raised rent once!

I said  jacksonville in my original post as my city doesn't come up Well I don't know about you, but I'm bringing at least 10 years worth of food, water and toilet paper supplies down into my nuclear bunker underneath my house right now!

Seems if this type of property is in a good location there would be plenty of other franchisee's of the same brand or a different brands standing in line to take that location because there are so many different types a fast food chains/operators that could use the same or close to the same layout. 

Val Jaz Clothes thrown everywhere not much you can do, food and beverage yes you can as that leads and attracts rodents.

I think its good to get a good idea of what you're looking for or what you're most excited in taking action on so you don't get to all over the place and can put your focus on the strategy that most intrigues you.My wife and I have flipped a couple properties, have an out of state STR in the Smoky Mtns we self manage on Airbnb, manage mid-term rentals for friends along with manage our own multi-family properties where we have 3 mid-term tenants and 2 long term tenants. 

Assume a 10 block (or so) radius around your building is its "Home Turf".[1] Look for gang graffiti (learn about it online) vs tagging.[2]  Drive the fast foods in that circle around 10:30 pm and note if you (a) feel afraid to go inside, or (b) feel afraid to go through the drive through.[3] Sit in parking lot of a food store and gas stations  around 10:30 pm and note who comes and goes, and note if "Ladies of Ill Repute" or "Dealers of Narcotics" are present.[4] Try to figure out how far "Crime" is from your building (in blocks), because it can and does move over time.

I haven’t seen much information regarding the borrower’s requirements for NNN loans, specifically fast food retail on urban/suburban properties.

https://www.courier-journal.com/story/life/food/2019/10/10/louisvilles-taco-luchador-owners-opening-two-new-restaurants-nulu/3929129002/This help move us to the number one spot for independent restaurants.