If you are a Buyer of Florida NNN Properties proceed cautiously. Interest Rates are High, and Cap Rates are Low. There are more interest rate hikes on the horizon. Several of my high-net-worth investors are waiting a few months to see if Florida NNN Cap Rates increase. Some Institutional Investors are offering portfolios for sale and others are waiting to buy when the price is right. When a Billionaire investor tells me that he’s buying US T-Bills rather than the Florida NNN properties I found him, I totally understand. Holding paper money in a high inflationary environment has its risks too. They could print a lot more.
The good news is that Florida NNN inventory levels are rising. New Commercial buildings are going up all over Florida. There is a lot of money on the sidelines. Now is the time to prepare and be ready when you meet a motivated Seller.
If you would like to buy or sell Florida NNN Properties with tenants like 7-Eleven, CVS, Walgreens, or Chick Fil-A, Chase Bank,
please call me at 239-272-1640 to discuss your specific needs.
Patrick Moorton
President
Income Realty Advisors, Inc.
(239) 272-1640
