Due to the outbreak of the novel coronavirus problem, the business of several major food and beverage companies has deteriorated considerably. It is predicted that similar virus problems will occur in the future. Many building owners who have leased a large number of retail spaces to such food and beverage companies may want to sell their buildings as soon as possible to pay off their debts due to continued rent arrears and rent reduction negotiations.
Buildings with food and beverage tenants are also at risk of frequent problems related to equipment, such as clogged drainage pipes.
The replacement of drainage pipe equipment requires very high expenses. A building in front of a station with several major food and beverage companies as tenants may earn a slightly higher rent than the market rate, but investors with limited financial resources should be cautious about investing in such buildings. Similarly, real estate investment in buildings and commercial facilities that are leased in bulk by a single major company also carries a high risk of the major company moving out if the economic situation worsens.