is subleasing a common thing? I thought it was basic 101 commerical lease that one shall not sub lease , just like in resi
basically, got told a shop owner in a booming area who is on a 7 year lease was offered $100k cash to take over the lease so he basically either sold the lease or reassigned it with a cash incentive, this was year 2 of a 7 yr lease,
the next assignee was further offered $200k cash at year 3 to reassign/sell/transfer
I do recall reading a few leases with every lease saying NO to sub leasing only reassigning
commercial lease question
basically, got told a shop owner in a booming area who is on a 7 year lease was offered $100k cash to take over the lease so he basically either sold the lease or reassigned it with a cash incentive, this was year 2 of a 7 yr lease,
the next assignee was further offered $200k cash at year 3 to reassign/sell/transfer
I do recall reading a few leases with every lease saying NO to sub leasing only reassigning
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