Met the owner of a large franchise last night when I least expected it. We talked for over an hour at a local ice cream shop. You never know when an opportunity can present itself.
#realestate#networking#icsc
Retailers are expanding rapidly. (McDonald’s, Starbucks, Chipotle, C-stores, and many others)
Vacancy rates are near all time lows.
Construction costs not coming down.
Rents have to increase.
Cost to consumers has to increase.
Inflation is here to stay.
Cap rates slightly increased from Q3 to Q4. Bid/ask spreads have narrowed. Days on market has decreased.
This information is from sources believed to be reliable, I in no way guarantees its accuracy. #commercialrealestate#caprates#investmentsales