Retail properties have been a mixed bag as of late. They took a hit during the pandemic when things were shut down, but if the retail business had an e-commerce presence they were able to scale accordingly. If you are considering your first retail property investment, here are just a couple of things to consider.
Considering an Industrial Property Loan?
Considering A Partner Buy-out?
Buying Your First Commercial Property in Charlotte?
Considering a Commercial Real Estate Development Loan?
There are many things you need to have in place before you can get approved for a loan such as building plans and permits, construction budgets, market/feasibility study, and an exit plan. If you are a first time developer then you will have a more difficult time acquiring financing since you do not have a proven track record.