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Just acquired a 5,000 square ft building for pennies on the dollar. What business should I start with it!? (alien.top)

submitted 11 months ago by FewHearing5@alien.top to c/entrepreneur@indiehackers.space

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Just outside of town, hell of a deal. So far people here have suggested a car lot, a wholesale scratch and dent appliance warehouse, flooring store. Would love input and ideas!

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[–] object_on_my_desk@alien.top 1 points 11 months ago (1 children)

A lot of NNN leases the owner will still pay for the roof and other structural repairs. The building is still the owner's asset and tenants have no motivation to keep the property value as high as possible.

[–] PSPrez@alien.top 1 points 11 months ago

Sure, but sometimes both entities have the same owner and are separated for liability purposes.

It all depends on the two (or more) business entities and what they are willing to negotiate.