All Forum Posts by: Dave Zirkelbach

Thank you for the information.  I have all of what you said built into the lease, but beyond that i am over my head.  However, my general question was answered - the lease has value to the sale of the building,  or at least "can" add value.  I am sort of reading between the lines, but it sounds like the value of income I would be missing out on in the next 15 years is nowhere near what the value added to the commercial sale would be, however.

So, for my situation, I need to determine if the loss of income is worth repairing the relationship, or if we just continue to gut it out, and have more downs than ups.  Because, from the sound of it, I will be missing out on a lot of potential income with the sale.

The building is a daycare, which is always full with a waiting list.  If I were to sell the building, how does the lease get valuated into the property?  Is it lumped into one sum (building, lot, lease) or is it separated (building / lot is one figure, lease is another)?

I actually own another building that is also a daycare, same business, different part of town. In reality, i would be selling everything my LLC owns (two commercial properties), so would it better to "sell" my LLC and all it entails? Or, sell the parts of the LLC (again, just two buildings with one tenant)? Can you even sell an LLC?

I am by no means "in this business", so I have pretty much no idea what I'm doing.  It is a family deal, where I lease the buildings, and at a little lower rate than a normal landlord (not a whole lot thought).  The lease we have is legit, although not really followed honestly - we constantly work together / apart on the lease.

I have a commercial property with 15 years left on the active lease.  My question is, does that 15 year lease raise the value of my property at all?  Meaning, the building has it's own value, but will the lease with the tenants raise the value at all to my sale?

Here are some very rough numbers

Building built in 2015 for 1 million

20 year lease signed at that time, lease with CAM fees (only CAM is property tax) is roughly 15k/mo.

Is that 15k/mo lease of 15 years worth anything when I go to sell the building?

This is a family situation, I own the building, sister runs the business, but it is damaging our relationship so I'm looking to dump the building, but looking to recoup my potential gains if at all possible.