Wednesday, October 19, 2011

Commercial Deal - LOI

With one client I am working with we put out Letters Of Intent on two commercial properties today.  One is a NN (double net) deal for a stand alone Walgreens in Ft. Myers and the other is for a NNN (triple net) deal for a stand alone Firestone store in Allentown, PA.  I think my client will be happy if they can close one of these quickly.

I think they are both good deals and I would love to be able to invest along side my client, but then again, I almost never saw a parcel of real estate I did't want to own.

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