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Updated over 1 year ago on . Most recent reply

User Stats

43
Posts
18
Votes
Cody M.
  • New to Real Estate
  • Kansas City
18
Votes |
43
Posts

Commercial Car Lot

Cody M.
  • New to Real Estate
  • Kansas City
Posted

Having thoughts putting an offer in for a car dealership lot in the intercity (Class C neighborhood) that I would like to lease long term NNN. Has anybody had experience with doing one and the results?? Demand, quality of tenants, etc.
According to my analysis should give a 12% CoC return but this is my first commercial property purchase just like some insight or if I should pursue other forms of commercial real estate.

Thank you in advanced. 

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