McThorn Properties
    McThorn Properties commercial real estate acquisition
    Acquisition Criteria

    Submit a Property

    Submit a property and we’ll get back to you with a potential offer.

    Acquisition Criteria

    What I’m Buying

    Target Property Type

    Retail & Service Flex Space

    Target Location

    Within 20 miles of ZIP 32605

    Zoning Must Allow

    • Home services
    • Health services
    • Professional service
    Property Requirements

    Building Criteria

    • SizeMin: 3,000 sq ft (Retail) — Max: 20,000 sq ft (Warehouse)
    • TypeConcrete block or steel
    • ConditionModerate to heavy value-add
    • SubdivisionAllows for 200–2,000 sq ft unit layouts

    Acquisition Range

    Price

    Up to $2,000,000

    Cap Rate

    9%+ Going-in • 7–8% After stabilization

    Lease Structure

    • Vacant
    • NNN
    • Full service if utilities are shared
    Not a Fit

    Hard Stops • Deal Killers

    • Properties outside the 20-mile radius
    • Cap rate below 8.5% with no value-add pathway
    • Major structural issues or ground-up development projects
    • No access to city/well water or city/septic sewer
    • Zoning restrictions on target tenant uses
    • Long-term under-market leases with no near-term upside

    Have a property that fits?

    Submit your property details and our team will review the opportunity and get back to you with a potential offer.