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Podcast: The Commercial Real Estate Investor Podcast
Episode: Tenants Moved Out but Still Pay Rent? (Office Hours)
Description: Key Takeaways:Going "dark" in commercial real estate refers to when a tenant shuts down their business but is still legally obligated to pay rent. This can create opportunities for landlords to get properties at a discount.When a tenant goes dark, the landlord has to weigh the pros and cons of suing the tenant versus negotiating an early lease termination. Lawsuits often end up costing more in legal fees than they are worth.When releasing a dark property to a new tenant, it's important to negotiate a buyout deal with the existing...