02 / MULTI-TENANT RETAIL

Strip shopping center appraisals

A rent roll is a starting point, not a valuation.

Tenant mix, rollover, expense reimbursements and vacant suites shape the income a buyer can rely on.

Illustrative Strip shopping centers commercial property

What drives the assignment

A property-specific lens.

Comparable properties only help when the rights, income, physical utility and transaction conditions are understood. The selected approaches depend on the actual assignment.

In-place versus market rent

We review each lease, escalations, concessions and renewal exposure against comparable space in the local market.

Operating economics

Common-area maintenance, taxes, insurance, recoveries and nonrecoverable costs change the net operating income behind a price.

Physical and leasing risk

Facade condition, parking, anchor draw, tenant improvements and vacancies affect cash flow and investor expectations.

Helpful before we quote

What to send
with your inquiry

Current rent roll, leases, trailing operating statements, recoveries, tax bills, site plan and planned capital projects.

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Experience behind the desk

Jeb Fuller

Commercial Real Estate Advisor & Certified General Appraiser

Jeb Fuller brings decades of real estate valuation and advisory experience. The Appraisal Subcommittee National Registry lists active Certified General credentials in DC, GA, MD, NC, SC, TN and VA. His Real Estate Investing & Analysis certificate was earned through Wharton Online × Wall Street Prep (2025).

Licensing is not a guarantee of assignment coverage. Geography, competency, independence and availability are reviewed before an engagement is accepted.

Read Jeb Fuller’s professional biography ↗