It has been getting harder and harder to find NNN with a strong national name with Cap Rates of at least 6%.

I just did a national search looking for places that were within 700 miles of me. I am finding a whopping 37 places show up over all at my price point.

So what are these names that I would installing my trust in? Well Sears is one of them. Will they be around to complete the fours left on that lease?

That said, the Dollar General that I picked up in 2020 is worth $300,000 more for me doing absolutely nothing there. That isn't a good sign folks for things to come.

If larger fish in the sea get spooked too much, what will happen to the smaller ones like us?

I'm thinking that the stores that can be undercut or damaged by these shutdowns or replaced by online retailers like Amazon could be high risk. I'm looking for stuff like garages, maybe gas stations if the fuel situation ever stabilizes, and maybe utilities/companies that deal with solar or wind energy.

I know that those renewable energy options are not realistically going to replace current producers of energy, but I'm thinking that's where the govt is going to spend a LOT of our money, like it or not.

RV parks and trailer parks also seem like a good play as this fiasco continues. Millions are out of work or soon will be and they are going to start doubling up, living in RV's or mobile homes or all three.

Concur WMH.

There just isn't much out there.

There is a Checkers burgers joint on the south side of central Chicago. Who wants a burger and a bullet?

There is the Sears in Missouri - I thought Sears was actually already gone.

There is a tire dealer but then there is always an EPA concern long term

Dollar Stores are available, but the lease renewal on one set is about 1.5 years out for upper 600's and another brand available with less than 5 years for 900,000

Nothing that safe -

If it is safer, the Cap Rates are below 5%

Concur WMH.

There just isn't much out there.

There is a Checkers burgers joint on the south side of central Chicago. Who wants a burger and a bullet?

There is the Sears in Missouri - I thought Sears was actually already gone.

There is a tire dealer but then there is always an EPA concern long term

Dollar Stores are available, but the lease renewal on one set is about 1.5 years out for upper 600's and another brand available with less than 5 years for 900,000

Nothing that safe -

If it is safer, the Cap Rates are below 5%

Concur WMH.

There just isn't much out there.

There is a Checkers burgers joint on the south side of central Chicago. Who wants a burger and a bullet?

There is the Sears in Missouri - I thought Sears was actually already gone.

There is a tire dealer but then there is always an EPA concern long term

Dollar Stores are available, but the lease renewal on one set is about 1.5 years out for upper 600's and another brand available with less than 5 years for 900,000

Nothing that safe -

If it is safer, the Cap Rates are below 5%

I've never seen any NNN better than a Cap 3. The owner takes no responsibility, has no work to do except to cash checks and plenty of people are quite happy with a Cap 3 for doing nothing.

In fact, I've been looking at commercial for decades and never seen anything that was going to return any profit at all if you figure in the expenses that the seller forgot to mention.