Location, Location, Location... And Traffic Count
Age Matters: How Old Is The Property?
Diversity + Quality = Desirable Tenants
As many experts have said, a quality, diverse tenancy provides value. When we help our clients consider buying an investment property, we take a close look at the existing tenants. Ideally, we’ll want to find a property with a diverse mix of retail tenants and a balance between anchor stores, local businesses and national chain stores. Local businesses will help the property serve as a part of the community, strengthening local ties, while national chains add quality and reliability while minimizing risk.
The goal? Creating a diverse mix that allows customers to get all their shopping needs met in one place, making investment property a destination.
We’ll also evaluate tenant quality. To start, we take a look at rent rolls, credit files and payment records of existing tenants. We supplement the research by speaking one-on-one with tenants.