This morning, I presented one of my listings, Land Under Wendy’s at a national deal-making call and heard about an excellent deal in Florida. A shadow-anchored Target shopping center near Orlando, Florida is offered at a 7.5-8.0% cap rate. The same shopping center in Hawaii would garner a significantly lower return. If interested, please feel free to contact me.
Other tenants: Marshalls, Petco, and AT&T