Dumb real estate question: Does anyone know how a corporation like starbucks closes stores without pulling a chapter 11? I believe many of these leases do not have early termination options. Does Starbucks create a new LLC which they own to operate the new location?
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When they want to close the underperforming store they can have that LLC declare bankruptcy to get out of the lease. I'm asking because @Trang_Corp thinks we can make easy money just buying up properties leased by big corporations like those listed here:https://www.calkain.com/
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Replying to @yemi_uc
You buy the building that is already leased to the theoretically stable trustworthy corporation.
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Replying to @Molson_Hart @yemi_uc
Then, they pay you rent.
7:47 AM - 3 May 2019
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