While everyone else was avoiding retail real estate…
The smartest operators were buying shopping centers at incredible prices and turning them into cash flow machines.
Today I interviewed Manish Poushey, who has done exactly that…
He built an incredible portfolio of retail properties in Phoenix by seeing value where others saw risk.
In 2014, he bought a flex warehouse plaza for $750k that's now worth over $3M…and it's still producing 14-15% cap rates on triple net leases.
Listen in as he shares how he continues finding these opportunities in today's market.
Manish owns six liquor stores and multiple retail properties across Phoenix, all within a 30-40 mile radius of his house.
In today's episode, we break down:
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How his warehouse plaza has quadrupled in value since 2014
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Why he's getting $21,000/month in triple net rent on his shopping center
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The creative way he finances liquor store acquisitions with zero money down
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Why staying focused on one market beats nationwide expansion
Plus, he explains why retail assets still offer incredible opportunities in 2024…
If you want to learn how successful operators find value in any market…
Tune in to the episode now.
Take Control,
Hunter Thompson
Resources mentioned in the episode:
- Manish Pusheye
Website
LinkedIn
Interested in learning how to take your capital raising game to the next level? Meet us at Capital Raiser’s Edge.
Learn more here: https://raisingcapital.com/cre
