Commercial Real Estate Broker Referral (and how to find a tenant)

[Akzhol A.]

Hi BP,

I have a commercial property in Cincinnati, OH NNN-leased out to a single corporate tenant (pharmacy). The lease has 2.5 years left, but the tenant has closed this store and offered me a lump sum (1-year rent amount) to get out of the lease now. I need help finding a new tenant.

This is my first time dealing with commercial tenants. Based on the research I presume the best way to find a tenant is to hire a commercial real estate broker?

1. How do you vet commercial real estate brokers? I don't mind paying more for better quality service (i.e. finding better lease and faster), i.e. I am NOT looking for cheapest option.

2. Any pitfalls to look out for as a newbie (with brokers, leases, general processes, dealing with old/new tenants etc)?

2. Can you please share broker referrals? Especially the ones you have personally worked with in past.

Thanks