Thomas Morgan, CCIM

UPDATE: This cash 1031 buy need is still open.  We have 20 days left in ID period.  Looking for corporate backed 7-Eleven's with 10+ years on lease anywhere in country.  $2.5M to $4M.  For new construction, the store needs to be open or on schedule to open by June.  Much thanks!

ORIGINAL:

A client just closed downleg today. Looking for 7-11 $2.5 to $4M. Ideally infill. Location is more Important than cap rate or lease term. Please send what you have. Thanks 

UPDATE:

As you probably know, Krystal has filed Chapter 11. We have a Krystal landlord creditor group forming. To explore joining, please go here: https://forms.gle/GwLkyfDnb5NwK5K37

Original Post:

A client owns a couple year old Krystal Company net lease deal with 15+ years still on the lease.  They stopped paying rent in November and said the store is "under review".  Obviously, this reason or most reasons for that matter does not give them the right to not pay rent. We have checked and are watching the news and see they are going through management changes.

Anybody else having rent payment issues with Krystal?   Any rumors of bankruptcy?

Do you have a listing in an Opportunity Zone?

Or an OZ project or fund seeking capital?

Jimmy Atkinson of OpportunityDB and I will feature an OZ Deal of the Week on Jimmy's popular Opportunity Zone podcast ( https://opportunitydb.com/podcast/)

To submit your deal for consideration please visit:

Opportunity Properties - Deal of the Week

Looking for recommendations for a firm to provide a market study / feasibility analysis for medical office or other commercial demand for a vacant lot next to a new Fresenius Medical Clinic.  Dense location central Port St. Lucie FL. My client is looking to build to suit or do a spec.

Thanks in advance!

We have a launched a qualified opportunity fund and are seeking investments for ourselves and for clients who prefer to invest outside of the QOF.

Submit Property Here: https://compound.global/submit-an-opportunity-zone-property

Seeking deals in designated Opportunity Zones nationwide that have a value-add, rehab or ground up component to meet the IRS "substantial improvement" requirement.  No fully leased or stabilized deals please. Any price; any location. Must obviously be in a designated OZ.  (Feel free to check any property's status here using our free tool: https://compound.global/opportunity-zone-map-tool )

Preference will be given to deals that meet the intent of the legislation to create positive social impact. 

Only properties submited at this link will be considered: https://compound.global/submit-an-opportunity-zone-property 

We have closed downleg and seeking multi-family properties on the east coast and SE. Stabilized or value add OK.  Min $10M per deal up to $30M. Prefer OFF MARKET OR PRE MARKET.  If it is on loopnet we have seen it. Thanks!

Hi - we are conducting a survey on hard to sell properties.  

Please tell us about challenging properties that have been listed for "too" long or been vacant for a long time.

Survey here: http://andrusmorgan.co/hard-to-sell-property/

All submissions are confidential and brokers protected.

Are you in/near Fayetteville NC?  I have a motivated commercial seller who needs to unload a commercial property by one of the super Walmarts.

Ideally looking to sell quick but would also look at referring the deal to a local broker.

Email or call.  Thanks!

Seeking St. Louis area commercial broker to send referrals to. I have two deals in MO and one in IL about an hour from STL.