Lease to another LLC you own
Buying an industrial complex. Building A 13,500 sq ft. Building B 12,000 sq ft.
The primary cash flow business we own will occupy the larger building. The smaller is broken into 3 spaces, a 6,000 and two 3,000 with both smaller units being leased.
Trying to determine type and term of triple net lease from one LLC to another when we own both. I have to provide this to the lender. I guess being the managing member for both we could amend it at any time.
Ideas?