How to Evaluate a Restaurant’s Potential in Raleigh
December 06, 2024
Assess Location and Visibility The old adage "location, location, location" holds true, especially in Raleigh. Restaurants located near high-traffic areas, such as downtown, bustling neighborhoods like Glenwood South, or near universities such as NC State, tend to attract more foot traffic. Evaluate the property’s accessibility, parking availabilit...
Emma CarpenterWhat Types of Restaurants Thrive in the Triangle Market?
December 06, 2024
Farm-to-Table and Locally Sourced Restaurants Restaurants that emphasize local ingredients resonate well with the Triangle's community, which values sustainability and supporting local farmers. Establishments like Farmside Kitchen and Bull City Burger and Brewery highlight the region’s rich agricultural resources by crafting seasonal menus that cha...
Emma CarpenterFirst Natural Life Franchise Location in NC to Open Saturday at Durham’s Patterson Place Shopping Center
October 31, 2024
“We focus a lot on natural alternative remedies,” said Berlin. “If you have aches and pains or other ailments going on, you might go out to the store and pick up some acetaminophen or some ibuprofen or something else that's made in the lab. Everything that we have in the Natural Life store is all natural, largely whole plant-based alternatives.” Be...
Robyn MooringWhat is Absolute Net Lease in Commercial Real Estate?
October 30, 2024
Understanding Absolute Net Lease An absolute net lease (also known as an “absolute NNN lease”) is a type of lease agreement where the tenant takes on all expenses associated with the property, including real estate taxes, insurance, maintenance, and repairs, with no exceptions. This includes structural maintenance and major repairs, which sets it a...
Emma CarpenterUnderstanding the Due Diligence Period in Commercial Real Estate
October 18, 2024
What is the Due Diligence Period? The due diligence period is the timeframe, typically ranging from 30 to 90 days, during which a buyer investigates various aspects of a commercial property. This investigation may include property inspections, financial evaluations, lease agreements, and an analysis of zoning laws. The goal is to identify any issue...
Emma CarpenterInvesting in Real Estate in North Carolina: A Comprehensive Guide
October 01, 2024
Understanding North Carolina's Market Dynamics North Carolina's real estate market is characterized by steady growth and regional diversity. Cities like Raleigh, Charlotte, and Durham have seen significant increases in property values due to strong job growth, an influx of new residents, and vibrant local economies. Meanwhile, smaller towns and rur...
Emma CarpenterThe Impact of Property Condition on Your Real Estate Investment
October 01, 2024
Structural Integrity: The Foundation of Value The structural integrity of a property is one of the most critical aspects to evaluate. A building with solid construction and no major structural issues is generally more valuable and requires less maintenance, leading to lower long-term costs. Here are a few things to consider: Foundation and Roof: Is...
Emma CarpenterHow to Determine the Value of a Commercial Property
August 30, 2024
Income Approach The income approach is one of the most commonly used methods for valuing commercial properties, especially income-producing assets like office buildings, retail centers, and industrial properties. This approach focuses on the property’s ability to generate revenue.Calculate Net Operating Income (NOI) Start by determining the proper...
Emma Carpenter