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Updated about 1 year ago,

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John McKee#5 Commercial Real Estate Investing Contributor
  • Investor
  • Fairfax, VA
727
Votes |
1,086
Posts
Commercial Real Estate Investing

Ground lease up for renewal

John McKee#5 Commercial Real Estate Investing Contributor
  • Investor
  • Fairfax, VA
Posted

I have a property ground lease that is 15 years old and 3 years left on the lease. A Hired broker of the large chain  restaurant wants me to contribute 100k toward improvements and in exchange they will extend the lease. Is this Normal or a shakedown?

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