Single Tenant deal w/ lease cancellation clause

How would a lender look at financing a single tenant deal if the lease had a cancellation clause during the term of the loan?

U/W to market rents?

FWIW, there will be personal recourse involved. Thanks

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Mister Shhh

RE

5y

It would be a cash flow sweet for a certain amount of months necessary to cover market re-leasing costs, and then they would underwrite a full market lease up.

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pudding

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Authored by: Certified Real Estate Professional - Assistant Vice PresidentCertified Real Estate Pro

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Single Tenant deal w/ lease cancellation clause

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Single Tenant deal w/ lease cancellation clause

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