Help - 1031 Exchange Lease Coming to End

[Alex Rand]

My parents own a 1031 Exchange, single tenant property and the lease is coming to an end.

They purchased this property years ago and they have used it for their retirement income.

They've asked me to handle the property for them and I'm not sure how to proceed.

Does anyone have any experience renewals involving a 1031 exchange, single tenant property?

Any advice would be appreciated.