It’s an insane and unrealistic amount. We’ve been great tenants for for nearly 18 years. It would absolutely kill us and this company doesn’t give a damn. I think they are preparing to “flip” the shopping center and are trying to jack it as high as they can go. They want the same rent as strips with a grocery store anchor. AAAnnnd to make matters worse, a franchise of a business that mirrors my exact business model has opened 6 minutes down the road. Anyone have any tips on negotiating?

He’s gone down a couple dollars (still a 27% increase and offered to reimburse us for a rooftop HVAC unit that we bought but only with a 5 year commitment. He gave me August to gather more information about our sales with a penalty of course.