Vendor View

As a seasoned vendor, I've worekd with numerous buyers eyeing small commercial properties. They often weigh single-tenant NNN against mixed-use, considering cap rates and potential returns. Currently, they're seeng cap rates around 6-7% for single-tenant NNN and 5-6% for mixed-use. What makes them walk away? High maintenance costs, outdated properties, and unfavorable lease terms. Buyers are cautious of properties with multiple vacancies or those requiring significant renovations. They prioritize stable cash flow and low risk. To scale their portfolio, they're looking for opportunities with strong potential for appreciation and limited management hasssle.