I drove by a relatively new strip center the other day. It is surrounded by upscale garden apartments and it's on a Dallas freeway to Somewhere.
Here's the list of tenants: Palm reader, tattoo parlor, Condoms to Go, nail shop, head shop, liquor store with bars on the windows and doors, and a Big Lots.
I can't tell you how glad I am 1) this piece of real estate isn't in my portfolio 2) that I'm not the guy who leased it out and 3) that I'm not the property manager.
BILL CHERRY, REALTORS
DALLAS - PARK CITIES
Our 45th Year