Where We Buy: Retail Real Estate with James Cook Behind the Scenes with StripMallGuy, Don Tepman - Where We Buy #338
Jun 13, 2025
Don Tepman, aka 'StripMallGuy,' is the founder of Town Center Capital, known for revitalizing neighborhood strip malls with mom-and-pop tenants. He candidly shares his journey from anonymous real estate commentator to social media sensation, revealing his strategies for selecting properties and the joys of supporting local businesses. Don discusses the challenges of managing strip centers, the complexities of environmental hazards, and the evolution of the retail market. He also emphasizes the power of authentic sharing on platforms like LinkedIn to connect with the real estate community.
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Anonymous Start From Fear
- Don Tepman initially posted anonymously on social media due to fear of professional repercussions.
- He wanted to share the real challenges of retail real estate and dispel myths of easy success.
Focus on Small, Value-Add Strip Malls
- Don focuses on small, value-add neighborhood strip malls often overlooked by larger investors.
- These deals require hands-on management and cater mainly to local mom-and-pop tenants.
Value Local Mom-and-Pop Tenants
- Prioritize local mom-and-pop businesses with a track record and good reputation.
- Look for tenants who invest in their space and contribute positively to the strip center ecosystem.