The latest Top 100 Retailers data is out

The latest Top 100 Retailers data is out… find out who they are here: http://ow.ly/ciYSy

AVAILABLE: 1600 SF Office For Lease @ 37

AVAILABLE: 1600 SF Office For Lease @ 3773 Central Ave. in St. Petersburg. Check out this video to find out more! http://ow.ly/c9i8G

Find out WHAT Commercial Real Estate properties have the highest percentage of lender rejections…

  •  Single tenant restaurants unless it’s a one of two national chains…
  • Single tenant properties where the tenant is paying an extraordinarily high rent compared to the rest of the market.
  • Properties that are purchased at a cap rate well below the cap rate floor established by the lender.
  • Single tenant properties with a short term remaining on the lease (less than 10 years). You can mitigate this issue by using a short amortization period.
  • Properties located out in the middle of nowhere. They usually have to be within 40 miles of a decent sized city (doesn’t have to be a major metro area)
  • Metal Industrial buildings
  • Single tenant properties with weak tenant financials (i.e. some national “big-box” stores that continue to lose market share to their competitors…)
  • Borrowers with credit problems
  • Multi-tenant properties where the major tenants have leases expiring soon and are paying above market rent
  • Non-stabilized properties
  • Non-recourse financing for loans under $3,000,000
  • Fractured condo properties

Want to find out what lenders are looking for?  Comment here…