It's not about being stuck. If there's a reasonable chance to get multiples of what you can get immediately it's worth it to wait. Commercial real estate leases

It's not about being stuck. If there's a reasonable chance to get multiples of what you can get immediately it's worth it to wait. Commercial real estate leases are generally ten years. Look at the math: Lease ends Dec. 30, 2016 -> Immediately rent out for $10k/month to a mom and pop -> By Dec 30, 2024 total rent paid = $960,000 vs Lease ends Dec. 30, 2016 -> Wait two years for an international fashion label that wants a vanity store -> rent out at $35k/month -> By Dec 30, 2024 total rent paid = $2,520,000