I am a newer commercial buyer working net lease retail in GA, SC, AL and north Florida. Mostly single tenant, under $2.5 million. That's the kind of box. Dollar General, Family Dollar, Walgreens.

I'm not sitting on the sidelines reading about it. I have LOIs out on three single-tenant stores in the $700K-$900K range right now, and I'm working a four-store Dollar General portfolio around $1.8M, where the seller offered to carry the paper. I've been coming in under the broker's NOI on the ones I've underwritten, once I add back management, reserves, and roof and structure – the kind of thing I want a second pair of eyes on exactly.

Looking for someone who has actually done these deals. bought them, held them, sold them Both triple net and double net. Someone who will allow me to run a deal by them from time to time and tell me straight when I’m wrong.

What I need help with:

How to read a lease properly. Who actually owns the roof, the structure, the parking lot, and the HVAC?
pricing the risk when it is a franchisee or weak guarantor, not corporate.
What to do with a lease with 5 to 7 years to run?
Seller financing terms – balloon, amortisation, prepay, release clauses.
Knowing when to walk and when to re-trade.

What you’d get out of it: I do my own underwriting before I ask anything. I’ll give you the numbers and my thinking, not something I could have googled. I don’t waste people’s time, and I don’t need to be led by the hand. I’m happy to do some legwork for you if that’s useful – I’m looking at deals every week out here anyway.

I’m not asking for money. I’m not raising any money. One bit of advice.

If that’s you, then comment or DM me. And if you know someone who would fit, I would appreciate the introduction.