Commercial landlord wants a 40 percent rent increase
Landlords are pushing through massive rent hikes because corporate chains are willing to pay higher rates, leaving small business owners working long hours just to hand over all their profit. With only weeks left on the lease, owners are forced to figure out whether they can successfully negotiate the rent down or if moving locations will cause them to lose their customer base.
What people tried
Every workaround mentioned in the threads below. We haven’t tested any of them — and nobody here is claiming they worked.
- 1Attempting to negotiate a lower increase or longer lease terms
- 2Testing the higher pricing model on customers to see if the increased costs can be sustained
- 3Publicizing the rent hike to customers and local media
- 4Packing up, moving locations, or shutting down the business entirely
- 5trying to diversify suppliers by working with manufacturers in other countries
- 6pivoting to something else or finding a different country to manufacture products
- 7finding USA based products
- 8cutting expenses and raising prices
In their words
Unedited, most upvoted first, each linked to the thread it came from.
“Lease is up. He wants 40% more. When I pushed back he shrugged and said that's just the market now, and he's not even wrong, because a chain would pay it.”source ↗
“The math: at the new rent, I clear almost nothing. I would be working 60 hours a week to hand him the profit.”source ↗
“I have eight weeks. For anyone who has faced a rent hike like this: did anyone successfully negotiate one down, and what actually moved the landlord? Has anyone moved and had the customers follow?”source ↗
“My business is in an industry where 90% of products are made in China and the rollercoaster of tariffs have taken a huge toll on my mental health and my financial well-being.”source ↗
“As of September, products from Brazil are charged 50% tariffs.”source ↗
“2 out of 3 of my best selling products are discontinued because the tariffs.”source ↗
“It sucks we have running at break even now for the last 4 months due to the tariffs, I’ve cut what we could and raising prices.”source ↗
Where this came up
People with this problem also raised
- 5How to cope with insanely high house prices and interest rates
- 3How to budget when rent takes half your salary
- 8How to stay competitive when wholesale food suppliers merge
- 3Why am I getting eviction notices for paying rent a few days late?
- 6Why did my small business health insurance go up 200%?
- 4Why does everything feel so expensive and impossible to keep up with?