Renegotiating a Dollar General lease contract

[Kenneth Crawford]

I recently inherited a Dollar General store from my parents. They owned the store for 20 years. Now the lease is up for renewal and Dollar General wants me to sign a contract for 6 years with no increase in rent. The property management team is encouraging me to do this, but no rent increase for 6 years sounds questionable to me. Does anyone have experience renegotiating lease agreements with Dollar General?

[Rod Hanks]

I would definitely get a commercial real estate agent involved and not negotiate directly with their corporate attorneys. The offer of 6 years with no rate bumps is a forewarning that they will take advantage of you if you are not familiar with commercial leases.