I own two commercial rentals in heart of a tier 1 city. Opposite to my space is a mom and pop store. I have become somewhat friends with the owners of the mom and pop store over the years and they would do one of favors for me when I asked to take care of the rentals. Now the commercial rental is vacant and I have been approached by a mid size chain for potential agreement. The dilemma is that the big box store is direct competition to the mom and pop store. What would you do ?

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Yes I am thinking of saying no to them. The rental is not my main source of income and I have other sources. I don’t want to ruin relationships for money

likeuplifting

The fact that you are even having this conflict means you are a good person. Remember, you can’t take the money with you when you die, and your children (if you have them) can make way more than you or squander all of yours away - all dependent on them and not related to what you leave them.

Say no

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Do what's right, which is saying no to the chain. I strongly believe in karma, you do good, you get good. Plus, it puts your heart at ease :) it's a hard time, esp for small business. Let's take care of one another

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The big chain cares 0% about you and would never help you in anyway, you’re just a landlord to them. The owners of the mom and pop obviously care about you as a friend and I think that should mean a lot!

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Love the responses here, nothing to add except for support. Follow your heart, karma is real

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Plus from a business perspective, neighborhoods with more local businesses have more character than chain populated strip malls. Local is the future, so you are protecting the value of your property in exchange for some short term cash flow

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What do you think is the right thing to do? It’s hard to go wrong when you do that.

Eat your competition and make a necklace from their teeth. Capitalism beseeches you.

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