Off-Market NNN Deal in SoCal
[{"id": "cpjp5nd", "text": "What's the cap rate based on the actual noi", "replies": [], "depth": 1}, {"id": "cpjpzhz", "text": "You should check out a website called BiggerPockets.com.\n\nThere's a community of investors/brokers there that WILL sell your deal. ", "replies": [], "depth": 1}, {"id": "cpjsayk", "text": "NOI ? How much is left on the initial 20yr rent term ?", "replies": [], "depth": 1}, {"id": "cpjwhmh", "text": "Price at a 5 Cap is $8.8M, seller will wiggle a little, but not too much. I have comps to share. Base rent is $440k+\n\nTenant just opened this week, full 20 years left on initial term.", "replies": [{"id": "cpk36si", "text": "5% for a B2 tenant?....", "replies": [{"id": "cpkhnz9", "text": "That's what it says. Deal will get done at 5.25% or lower (or not at all). I have comps.\n", "replies": [{"id": "cpki32v", "text": "Seems low, can you pm me some more details?", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}]