Yes best use…a bank that flips more than pancakes at a busy Diner.
In many cases when you fast-forward a few years the businesses at the controls (as well as many of the new tenants) are also the ones begging for mercy or in plenty of hot water in financial and/ or legal matters….with little to show but for the wonderful business decisions they left behind. Or investors that lost plenty in that game…banking on the good decisions of the REITs.
That’s why ownership of so many properties flip so often…these days in Los Angeles & NYC.
That’s why many people have such an opinion as “greedy landlord” in many cases of THESE particular types of property owners in Los Angeles & NYC.