Skip to content
Commercial Real Estate Investing

User Stats

9
Posts
6
Votes
Alon Haramati
  • Tel Aviv, Tel Aviv
6
Votes |
9
Posts

Store - Proactively Look for Tenants or Wait for them to Come?

Alon Haramati
  • Tel Aviv, Tel Aviv
Posted Mar 18 2018, 08:31

Hi,

My family owns a small store (~400 SQF) in Tel Aviv, Israel. In the past year, 2 renters concluded their contract before the schedule, and the current (3rd) wants to terminate it as well ahead of time. It's in a good area, where business remain stable, yet in our specific case the cashflow of the businesses didn't hold. 

So, I thought it would be better if this time, instead if listing the store on the local Craigslist and signing the lease contract with whoever agrees first to the terms oft he contract, I'll go to solid businesses, perhaps chains, and check with them whether they are interested. 

Would love to hear suggestions from you guys here :)

Thanks,
Alon

* Apologies for my poor English :)

Loading replies...