My wife got her nails done & asked the owner how many people visit during weekends? Avg is 350 & Avg ticket price $100 = $35k in sales, $140k a month.
Another $20k during week, $80k monthly & the salon earns $220k a month. Their rent is $10k monthly, we call that a Cash Cow!
What coffee tenant are you most bullish on in DT game right now? Meaning only choosing 1 to have as your life long tenant.
a) Dutch Bros
b) Starbucks
c) 7 Brew
d) Black Rock Coffee
e) Tenant not listed
“This is the way we’ve always done it, we can’t deviate from it”
“This is how we’ve typically done it, if you have a better path forward to allow success, I’m all ears”
2 separate national real estate departments, which one do you think has more success?
#cre#retwit
@HealthcareREguy 4 years leasing deal- large national tenant with many contingencies slowed down by permits, hiccups, etc.
Called the commission my 401K after receiving half when it closed and the second half 9 months later.
4 years, nine months to get full compensation, quick process lol!
Heading out to @ICSC this week for the 14th time attending the conference. I always keep a few time slots open to meet someone I’ve never met. Anyone going who wants to connect?
In CA this kills many deals. The amount of red tape to get a permit is insane. Combine this with the 4th biggest GDP in the world & all you can do is imagine the results a pro-business state would unearth!
Around 8% Property Taxes!
Yes, that is approximately what you're paying in Cook County, Illinois.
It covers much of the area around Chicago, and is one of the wildest things I've ever heard in commercial real estate.
What a mess !
Around 8% Property Taxes!
Yes, that is approximately what you're paying in Cook County, Illinois.
It covers much of the area around Chicago, and is one of the wildest things I've ever heard in commercial real estate.
What a mess !
@skylarromines Went to “Cercle” in Mexico City. They throw awesome concerts around the globe. They take your phone pre concert & lock it in a strap you can wear around your shoulder during the event. People in the moment, living life, not recording…truly magic!
The first Saturday morning Checkers game versus my wife ended in a game under protest. Both sides accusing the other of cheating & temperatures rising. Some call it a sickness, I’d say a hate to lose!!!
Matthews™ successfully facilitated the sale of a 17,000-square-foot big-box asset in San Marcos, CA. 👏
🔗 Read more: https://t.co/NntFNWpG04
For more information, contact Gene Mello IV. 📞