Planning my first commercial development
Hello Everyone
I've been building Papa John's Franchises for the past 5 years and now I have gathered enough capital to develop my first commercial real estate project. I own several residential properties but dealing with lease negotiations with the landlords for my PJs; it is a vastly different game for sure.
I'm planning to syndicate a 1.6 acre commercial retail development in a growing neighborhood - although I'm well versed in residential real estate and other areas of business. I'm a bit green when it comes to developing a project like this.
I was wondering if there are any fellow members here who have experience developing a parcel of land into a retail center that can consult me through the project. Although I'm using my commercial agent that hunts down locations for my Papa John's as a resource; I'd like to get some insight and direction from someone who has expertise in this area.
Any input, resource and comments are greatly appreciated!
Thank You
Eddie