Unbelievable as it seems, but for many of us 2025 is incredible milestone. So many changes to real estate laws and marketplace it can be confusing. However, I notice a good hotel in the right location normally pays off. Many investors like the return on investment from picking and developing a hotel business model.
So build-to-sell or own or combination of both with joint venture. If you are interested in Snohomish County, we have venture worthy of your consideration. Right off Interstate 5 and in the bustling Marysville, WA area. All major outlets and brands are nearby including other hotels.
You may feel risk mitigation and return scenario prefers the Strip-mall model rather than hotel.
The strip mall model would spread out the risk in cash-flow since in this retail model revenues are derived from multiple commercial tenants with their own individual businesses models. Another favorable aspect with this retail model is you can build the shell and the tenant can complete the expensive finishes to their specifications. This almost always works out as a win win scenario for both owner and tenant as the tenant almost always needs to engage in specific modifications to make their business model work. So makes sense for owners just to provide the shell and save the money. Ultimately every deal is negotiable in landlord and tenant transactions. Landlord concessions can be expected in the build the shell (all utilities, rough-in’s and walls are up) game, but still should work out best for both parties.
Currently, an anchor restaurant favoring street frontage is being negotiated. This deal shows great promise of business success based upon density of location and other complimenting retail businesses. Contact us at [email protected] for your next privately negotiated investment in commercial real estate.
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