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Real Estate Deal Analysis & Advice

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Geoff S.
  • Contractor
  • Chebeague Island, ME
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68
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Commercial Listing

Geoff S.
  • Contractor
  • Chebeague Island, ME
Posted Feb 14 2014, 18:28

Looking at this commercial listing in a small town:

GI $288k Underwritten NOI with vacancy, maintenance and reserves of $268k asking cap rate of 8.25%. NNN Leases with Dunkin Donuts, Subway, Northeast Bank and others.

Asking $3.25M

Will be talking with broker tomorrow.

Thoughts?

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