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Updated over 6 years ago on . Most recent reply
Negotiating a Billboard Lease with an Advertising company in AL
Hey Everyone,
I hope all is well. I was wondering if any property owners had an experience negotiating a billboard lease with an advertising company. I would love some suggestions. I have a property in Tuscaloosa, AL under contract that currently has a short term billboard lease left on it that i would assume upon closing of the deal. The lease amount is under market rate and I want to try to renegotiate a new lease with more favorable terms. I would appreciate any advice or suggestions.
Thanks!
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Ronald Rohde
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#3 Commercial Real Estate Investing Contributor
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- Dallas, TX
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Ronald Rohde
#3 Commercial Real Estate Investing Contributor
Pro Member
#3 Commercial Real Estate Investing Contributor
- Attorney
- Dallas, TX
Do you have a copy of the existing lease? Is it a large tenant or regional? I have some contacts in AL if you can give me some details.