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Updated over 8 years ago on . Most recent reply

Emin T.'s profile image
Emin T.'s profile image
Emin T.
  • from Austin, Texas
  • Member since Dec 13, 2015
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Emin T.'s profile image
Emin T.'s profile image
Emin T.
  • from Austin, Texas
  • Member since Dec 13, 2015
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Emin T.
  • Austin, TX
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16
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Commercial Real Estate Investing

Property management change

Emin T.
  • Austin, TX
Posted

Hi

My property management and his realtor close friend can't find a tenant for a shop in my commercial RE for more than 1 year. I am aiming for a refinance but without that tenant, appraisal will be low.

What is the average vacancy rate for a shop in a commercial shopping strip?

Does changing the management help in this case? Could a new management find a new tenant easier? 

Thanks

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