Updated almost 4 years ago on . Most recent reply
Medical office in North Carolina
Hey all, I came across a medical office commercial in Research Triangle area in NC. Don't have commercial real estate experience before. The current tenants are moving out in 6 months so the seller is listing with lower price with cap rate at 7.6%. Current tenant lease is triple net lease, NNN (tenant pays condo fees, RE taxes, and insurance). Is this a good time to get into commercial/medical space? And what is the risk that I cannot fill with another tenant with the similar lease NNN structure? Any advice/thoughts are really appreciated.