Negotiating lease before offer

[Yale Kendall]

Will a management company for a strip mall negotiate a lease before I put an offer in to owner of mat? I feel the lease negotiation will affect my offer.

[Jon dickey]

I would imagine they would take your negotiation more seriously after you have an offer in. Do you already know what the terms are for your desired laundromat?

[Travelle Mason]

The laundromat I’m looking at now has about 3 years left on their lease. Other interested buyers have approached the property owner without having a contract and the property manager would not entertain the interested buyer without having a contract. I’m not sure that’s the norm, but I image so depending on the remaining lease time.

[Jason Dodge]

You should always have an accepted offer to purchase with an acceptable lease contingency. So contract is null and void if you don’t get an acceptable lease.

[Author]

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