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Commercial Real Estate Investing

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Bruce W.
  • Investor
  • Kuna, ID
8
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20
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Breaking commercial leases

Bruce W.
  • Investor
  • Kuna, ID
Posted Mar 5 2014, 09:37

With RadioShack intending to close 1100 stores, I began to wonder about the leaseholders on the affected property. In my residential real estate business, I am allowed by law to withhold a "reasonable" amount from the deposit to make up for lost rent while I am looking for another tenant. I typically cannot require payments to extend for the entire remaining term. What options exist for leaseholders of commercial property in cases where the lessee exits early?

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