I live in a semi-rural area outside a medium-sized city, and I see a parcel for sale that would be great for a chain restaurant (a sit-down place). I have no interest or expertise in running or managing a restaurant,...
The Cheesecake Factory, which holds some MASSIVE anchor locations, has said they won't be able to pay April rent. How many other large businesses will be next? These guys employed upwards of 10,000 employees - presuma...
Just curious. I was wondering how restaurants decided what areas to move to and how. And specifically how to attract restauranteurs (even chain ones) into an area.
I'm acquainted with the owner of a regional, independent restaurant group (13 properties). He has solid operating numbers, and is looking to expand in the future. The first thing that comes to mind for me is a sale-le...
I have been wanting to get into commercial real estate this year and I have come by what could be a great commercial deal, however I am realizing just how different commercial is from residential when it comes to runn...
I am looking to purchase a commercial property in the downtown mall in Charlottesville, VA. 6000 sq ft. total. The location is A class - perfect. There are two solid tenants (restaurants) with 5 year leases. They pay ...
I am looking at a commercial property for redevelopment. It's currently zoned commercial and in a high traffic area. My thoughts are a fast food restaurant with a small apartment building on the other side. My conc...
Hello everyone! I finally made the jump to PRO and it feels great to be here. I just wanted to take a second to introduce myself to the BP PRO community. I have been a long-time BP 'lurker'...reading every forum an...
Hi everyone - looking for feedback on the below deal. All numbers & due diligence has not been completed but this is all information that I have.Mixed Use - 2 retail (Restaurant / Hair Salon), 4 Apartments (3 1BR...
There is a vacant Taco Bell in my area. Has anyone purchased a vacant fast food chain building then turned around and sold it to another fast food chain and had the retailer on a ground NNN lease? The property is on a...