Client looking to 1031 $1 – $4 Million into an an income producing property which could be office, retail/flex, industrial/flex or maybe apartments. Prefers cap rate above 6%. His preference would be for a mailbox money type property rather than something that would require a lot of property management, as this would be his first commercial property to own, so the less effort the better in this client’s case.
I have run a Costar report for him, but wanted to post this in case there are properties you have that wouldn’t be showing up on Costar showing a cap rate. Thanks. Brad Rice, 918-269-8586 or email@example.com