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Updated over 7 years ago on . Most recent reply

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Chunwai Lai
  • Investor
  • New Providence, NJ
0
Votes |
5
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How to lease retail store to franchise

Chunwai Lai
  • Investor
  • New Providence, NJ
Posted

Hi BP community! I just acquired my first mixed used building. Sorry as it might be a stupid question.. I want to rent the store to franchise like Starbucks, Duncan Donets,etc but don't know how to start. Do I just list the store to MLS and wait for them to contact me? Or should I contact those franchises directly? Is there any service out there to contact franchise that might be interested in my location?

Thanks!

Most Popular Reply

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67
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29
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Damon DiPlacido
  • Real Estate Agent
  • Bala Cynwyd, PA
29
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67
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Damon DiPlacido
  • Real Estate Agent
  • Bala Cynwyd, PA
Replied

Those are 3 good firms. One additional point...don't choose the broker based on proximity to the site. Good retail leasing firms cover a wide geography and all three of the firms you listed will cover all of northern/central NJ, drawing a line from Trenton across the state and northward.  

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