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.
General Landlording & Rental Properties
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 almost 8 years ago, 02/15/2017

User Stats

23
Posts
1
Votes
Peter Paxos
  • Investor
  • Bayside, NY
1
Votes |
23
Posts

Lease Assignment-Mom & Pop to National Tenant

Peter Paxos
  • Investor
  • Bayside, NY
Posted

I'm the owner of a 3000 sq. ft. property in Long Island City, Queens. The current tenant is looking to sell the business and assign the lease. The areas has experienced significant residential and commercial development of the past decade and I would like to attract a national tenant to the space. My question is how can this be accomplished? Who a national tenant assume the existing tenants lease or is there some other arrangement that would work? Thanks in advance for the assistance. Thanks. Peter.