Short lease terms for retail and industrial

[Sam B.]

Hi guys. I’ve come across a deal which I like, that has good upside. The only issue is that the most of the tenants have short lease terms, <5yrs. How do you go about a deal like this? I am guessing the bank will have a problem with the deal the way it is. Do you just go under contract and then in diligence work towards extending some of the leases?