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