Questions in uncertain of. I don’t see no other restaurants around the area of interest, so how do you go about dealing with comps for restaurants? Small diners at that. Also like what are documents I should ask for t...
I am looking a restaurant deal that the seller would like to lease option.
He has told me that his NOI is approx 900K and he also says the restaurant grosses approx 1mil. With a sale price of 1.4mil.
W...
How are landlords handling commercial tenants (e.g. restaurants) whose business has been sharply curtailed because of novel coronavirus?
Hi, I’m a newbie to NNN. Looking for consistent cash flow on the invested cash. What’s the good cap rate range? What is the current interest rate on LTV 70-75%? I’m focusing on restaurants for now.
OK, thanks to all the advice and mentorship I got from this forum, I am able to pull off the first Letter of Intent (LOI) for a commercial restaurant building in Greater Atlanta, GA area and got it accepted. Seller se...
Good Morning Biggerpockets!
I am fairly experienced in residential multifamily investing, done a few flips, own 10 rentals, 4 buildings. Recently through networking I was offered a off market 15 unit strip mall that ...
A multi-use listed as a currently cash flowing property. It fits the bill. It's tricky to figure out vacancy rates when 1/3 of the space is taken up by a restaurant. Their gyros look decent though, so that has to b...
I have clients that are ready to lease or purchase a commercial space for a restaurant here in the Atlanta area. My clients are serious and we need to make a move soon, preferably one with kitchen equipment already in...
Hey all,My in-laws are in the process of selling their restaurant and have already signed a purchase agreement with the buyer and are in escrow. They agreed to the buyer's terms that she would put $120k down and selle...
I have signed a BS on a mix use multi family and commercial building. The downstairs level is a restaurant and I have zero experience in that business. So my plan is a NNN lease and find someone who can be successfu...