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Updated about 4 years ago on . Most recent reply

User Stats

98
Posts
13
Votes
Peter Lee
  • Developer
  • Los Angeles, CA
13
Votes |
98
Posts

Selling ground floor retail space in multistory building?

Peter Lee
  • Developer
  • Los Angeles, CA
Posted

Once COVID is over, we are looking to lease the ground floor of our 4 story building for food retail/ general retail.  It's a small space only about 6000sf but in a good area.  

I was wondering instead of leasing the space whether anyone has instead sold the retail space in a multi story building or multi building complex only with a seller-financed option so to attract more interest.  

Understand that a lot of this is subject to how the respective city looks at subdividing a property but let's assume they do allow it.

Thanks

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