Step-By-Step CRE Deal Analysis | Deep Dive

In this episode of Commercial Real Estate Millionaires, we walk through a real-life commercial deal analysis of a newly constructed Family Dollar/Dollar Tree retail combo. Whether you're a first-time investor or looking to sharpen your underwriting skills, this breakdown gives you the exact framework to confidently make an "invest or pass" decision—without needing a finance degree.

🔍 What You’ll Learn:

• How to analyze a retail NNN or NN lease deal from top to bottom

• The importance of aligning deals with your personal goals and exit strategy

• A walkthrough of the Offering Memorandum (OM) and what metrics to focus on

• How to use AI tools like ChatGPT for quick due diligence and market research

• Calculating cap rate, DSCR, cash-on-cash, IRR, and more using a deal analysis spreadsheet

• Real numbers: $1.15M purchase, 8.25% cap rate, 11% cash-on-cash, 18% IRR

• Why "boring, simple, stable" real estate might be your best wealth-building vehicle

🏗️ Deal Highlights:

• New construction (2023) retail asset

• Corporate-backed tenant: Family Dollar / Dollar Tree

• 10,000 sq ft building, 8.5 years remaining on lease

• Double Net lease (landlord responsible only for roof & structure)

• Market with growing demographics and major development nearby

💼 Who This Deal Is Right For:

• Investors seeking passive income with stable returns

• Buyers prioritizing low maintenance, predictable leases

• Individuals comfortable with modest landlord responsibilities and long-term holds

🧮 Resources Mentioned in This Episode:

• Download the Deal Analysis Spreadsheet Template

• CRE Investing For Beginners

✅ Like what you’re hearing?
Don’t forget to subscribe, leave a review, and share this episode with your investing circle.

🎧 Follow us on Spotify, Apple Podcasts, and YouTube for more weekly episodes diving into real deals and real wealth-building strategies in commercial real estate.