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.
Off Topic
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 over 7 years ago,

User Stats

2,072
Posts
1,382
Votes
Carl Fischer
Pro Member
  • Rental Property Investor
  • Ambler, PA
1,382
Votes |
2,072
Posts

Suggestions on how to best sublet office space?

Carl Fischer
Pro Member
  • Rental Property Investor
  • Ambler, PA
Posted

I am looking for suggestions on how to best sublet office space. We moved out of our rental space with 2 years left on our lease. I have had it listed with 2 different realtors with little to no action. I tried to get the complex leasing agent to help but they declined to help because it would be competing against themselves. I have talked to other tenants in the building already and they are not ready to expand. Realtors say I am in a bad place because 5,000 sq-ft is too small for a bigger company and too big for a startup business. My lease does not have an out penalty as I am on the hook for the full 22 months, evidently in Blue Bell Pa it is standard practice.

1. The area has vacant space but is in an ideal location at intersection of interstates. (near Philadelphia)

2. The price is less than asking price in the complex.

3. The owner of course will extend the lease if a company wanted additional years.

4. Nice finishes in the building class B+ to A(lots of glass 2nd floor

What else should I be doing or looking for? Any suggestions? 

Thanks

Carl

  • Carl Fischer
  • [email protected]
  • 215-283-2868