Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 10 years ago,

User Stats

1
Posts
0
Votes
N.A. N.A.
  • binghamton, ny
0
Votes |
1
Posts

where to find info for negotiating NNN lease

N.A. N.A.
  • binghamton, ny
Posted

Hello,

Relative has a stand alone NN property (drug store - national tenant) and lease is currently being renegotiated. I am in a small market - central NY. No growth. Believe store to be reasonably good performer. Not really any good options for tenant to relocate store - all seem quite a bit less desirable. Building is older. Struggling to figure out what is a good lease rate - I don't have a whole lot of information to go on - obviously tenant knows what they are paying everywhere. Not a ton of commercial property nearby to compare. Current lease rates are significantly higher than nearby strip.

Ideally would like to figure out what a comparable store would be paying in rent but not sure how to do that. Any help would be appreciated.

Loading replies...