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Updated over 11 years ago, 03/25/2013

User Stats

7
Posts
0
Votes
Quang L.
  • Real Estate Investor
  • Austin, TX
0
Votes |
7
Posts

How can we know if a corporate will renew their lease?

Quang L.
  • Real Estate Investor
  • Austin, TX
Posted

I am looking to buy a commercial building in Texas with several tenants and anchored by a corporate one. Their lease has 2 years remaning and several 5-years options. In short, if they renew 2 years from now then this is a good deal. If not, it can be a bad one as they accounted for 70% of income and building was designed for them with a drive through.
How can we know if theyy will renew? We can camp outside and count customers but any market intelligence services can provide that data?
Thanks in advance.

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