Navy Vet looking to use a SBA loan
As the title says, I'm a vet and have hopes of owning a building that is currently leased by CVS. The lease term is 29.4 and there is 13.4 years remaining. The absolute NNN deal boasts a cap rate of 7% with a NOI of $278,907.

I am medically retiring next year and would like to jump right in to CRE. I have a bachelor's but it's in IT, so I have no formal training about this stuff. I have no significant savings I can touch to help finance this idea either. One thing I got is hope lol. I watch YouTube videos but know I need a real CRE mentor. 

Is this deal good? How do I find competent commercial Realtors and Attorneys? What can I do to learn more or find a CRE mentor?

Thanks in advance
[{"id": "ezy5dz9", "text": "Thanks for your service.\n\nYou can\u2019t use sba to purchase investment real estate. If the building is 60% used for your own business and you lease out 40%, then it may qualify for some sba programs.\n\nYou also want to do more research before jumping into CRE. Sounds like you have the enthusiasm though!\n\nYou need to build a team around you. Lawyer, for structuring the legal entity that will hold/own your real estate (likely an LLC), CPA, for how to handle the tax liability of the legal entity selection, broker that can help you find the right properties, and sounds like you need an equity source too.\n\nOnce you select a property you need to know how to put together a proforma that includes rental escalations, operating expense escalations, property taxes, debt service, and what your returns will be after all those expenses. Also you should look at what your returns will be on the project. Cap rates are a good start, but only part of the return equation\n\nLearn how to read and understand a lease agreement. Your lawyer and broker will help you. Read through the lease and see if it is a true NNN deal. Also see if Walgreens has any lease extension options. After 30 years they would probably move to a new building unless it is in a perfect spot. You may have difficulty financing as well with 13 years remaining on the lease, but with conventional financing you might be ok and bank may offer you a 5-10 year term...maybe.\n\n.", "replies": [{"id": "f02y0jk", "text": "Thank you!", "replies": [], "depth": 2}], "depth": 1}, {"id": "f06774r", "text": "A CVS with that much term and such a high cap rate has issues, somewhere.\n\nThat's way above market return.\n\nAlso, what kind of LTV are you aiming for?", "replies": [], "depth": 1}, {"id": "f28wqb4", "text": "This seems like a solid lease. 7% cap on a NNN lease with a national credit tenant is great. You can\u2019t use SBA loans for investment real estate though. Perhaps you can go conventional, but you need 20% down. I\u2019m a lender if you have questions or need help", "replies": [], "depth": 1}]