Become Tesla's Landlord

[Curt Renz]

Here's another way to invest in Tesla.

I see that the building for the new Tesla store and service center in Westmont, Illinois has been leased for ten years. The landlord is seeking to sell the property.

You could become Tesla's new landlord: 50 W Ogden Ave, Westmont, IL 60559

 

[HankLloydRight]

Seems like that would be a strange way to invest someone's money. Clearly the owner is cashing out on 10+ years of guaranteed rental income from Tesla, so as an investor, you're paying the NPV of that upfront, plus a premium, into a completely illiquid investment, and then you just sit it out for 10 years hoping for a lease renewal. Seems like a huge upfront premium plus no liquidity for very little RIO. Maybe hope and pray for appreciation? We all know how that works out.

If I were the owner, I'd just sit on it for 10 years and outsource the management.