Input on SW Florida Commercial Property (Strip Center)

[Erik R.]

Hello all-

I have been evaluating a property which I would potentially be partnering on in Marco Island, Florida and seek some input from more experienced Retail / Strip center commercial property investors. This property is listed for $1.78M and has 3 long term retail tenants on the 1st floor, and has 9 out of 13 office units leased on the 2nd floor (all currently month to month).

I have some fairly specific questions regarding Income Statement pro forma assumptions, Cap Rate, and financing. Is there anyone who is experienced in investing in this property type potentially in Naples/Marco Island area of SW Florida which I could bounce some questions against?