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All Forum Posts by: Derek Shearin

Derek Shearin has started 1 posts and replied 2 times.

Commercial Real Estate Investing

Post: Cap Rate NNN question

Derek ShearinPosted
  • Chapel Hill, NC
  • Posts 2
  • Votes 0

I happened to find a property that the owners are offering a 20 year NNN Leaseback "Sale". They list the Cap Rate at 7.88%. On an apartment building, I understand that Cap Rates are calculated based on Net Operating Income...(Gross income minus Operating expenses). For a NNN property, what would be the "operating expense"? Is it just management fees?

Mostly just curious.

Derek

0 Votes
Commercial Real Estate Investing

Post: Evaluating Vacant Commercial Property Value

Derek ShearinPosted
  • Chapel Hill, NC
  • Posts 2
  • Votes 0

I have pondered this question as well.  Would another method be to calculate the land cost+build cost-repairs and deferred maintenance?

0 Votes