A developer is buying a building in which someone I know is a commercial tenant. Their lease ends in 2030-something. We think that the buyer will try to buy them out of their lease. Business generates net profits of $200k or so a year. Rent is very cheap. Could the tenant/business owner ask for a ton of money to get the landlord to buy out the lease? How is this amount usually calculated?

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Check the lease for a relocation/demolition clause first; the landlord might have the legal ability to move them or cancel the lease.

Regarding formula for buying them out, no idea - but if the landlord wants to develop the property, the tenant has the leverage - especially if they wait until they are the last “holdout”

Will look for that clause. Thanks!

Hello, is there anyone here who is looking for a Property Manager? I have 9 years of experienced working in this industry as a freelancer. I managed over 1.7million dollars worth of properties for the past years.

My hourly rate is $5/hour. Please feel free to contact me!

I can send you my CV.

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