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  • Investment Dudes LLC

    Leased Property Investment

The client sold their business and the new owner moved operations to Irvine from Corona. The soon to be vacant 44,858 sf industrial building was owned by our client who desired to lease it and retain the property as a leased investment.

Place the building on the market while still occupied to be leased “as is”.

A Fortune 100 company made an offer to lease but they required very significant and sophisticated tenant improvements which my client did not wish to pay for.

Negotiate a 6 year lease with 2 x 3 year options to extend the lease.

Negotiate all tenant improvements to be paid for by the Fortune 100 company.

Coordinate client move-out with Fortune 100 company’s need to gain access for tenant improvements.

The lease was successfully negotiated and signed.

The Fortune 100 company agreed to pay for all it’s tenant improvements and agreed to remove the majority of them upon move out.

The property is leased on an absolute net, net, net basis. All property expenses are paid by the tenant.

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