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HWA

Joined: 01/05/2001 Posts: 5542
Likes: 1601


Some owners are too stubborn, but some are simply waiting for "right" deal


And they keep waiting, and waiting, and waiting..............and suddenly it's been several years.

Consider that many leases are 5-10 years. So if you drop the lease/rent too much, you might be "stuck" with that below-market lease for 5+ years.

In a perfect world, would you rather have:

1) Store is empty for 12 months (so you get the tax write-off), and then you find a tenant @ full-market for 10 years
2) You find a tenant ASAP, but you only get 80% of your asking price

(In response to this post by Tafkam Hokie)

Posted: 01/17/2019 at 12:03PM



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