Cheap Money – Net Lease Single Tenant Market

Posted October 13, 2011

In 1031, Columbus, Commercial, investing, real estate, Retail

Here’s another one from Mark that follows on what I just wrote in the last post. And by the way, I need this kind of product for both buyers and sellers. See my contact page.

It’s the cheap money, decent returns and relative safety that’s driving this market. Costar has confirmed $29 billion in sales year to date in 2011. That’s clipping right along.

This stuff is great for out of state owners because much of it is absolute net with no landlord responsibilities. True absolute net is impossible in multi-tenant retail or multi-tenant anything. Even if all expenses are to be recaptured per the leases, someone has to be the mediator/arbitrator in multi-tenant so generally, the absolute part doesn’t quite work out to be as absolute as you thought. It’s a PITA. You all know what PITA means?

CoStar News Article – Cheap Money Fueling Net Lease Market

Commercial Real Estate, Net Lease

Commercial realtor

Commercial real estate with a focus on out-of-state investment property for my Southern California investors. My clients are Southern California local buyers looking for a return far better than what is available around here and that generally means out-of-state. We have expert property management, legal, and contracting services available.