| > If you're asking why the landlord minds having a real tenant instead? This > 10+ year lease I haven’t had a ton of experience with commercial property, but I have enough to know that at least where I live 10+ year leases aren’t common. 5 is much more common even for businesses spending significant money on buildout. But also the kind of businesses the article is talking about wouldn’t require extensive buildout, so they would be much more amenable to shorter terms. There are other reasons $4 lunch bowls are never going to happen in the us. Much higher labor costs (despite what the article said about similar minimum wage) is the biggest one. > All you need is a low cost property manager to look in on the place once a week, make sure the "staff" are actually showing up, and keep the plumbing/heat/electrical working. They could do that. Or they could actually make some income by renting it out instead of spending $50-100k on a fake business waiting for a payday that may never come. There are many locations that are never going to attract a renter with deep pockets. And even in locations that will, it doesn’t take many years running a fake business to erase any eventual profits. |