is my offer too low that I'm being ignore?
Hello all,

I was planning to start a small business, and looking to lease a commercial space. I found this space that has been vacant for almost 2 years. asking price was $12 per sqft triple net , which end up around $17 per sqft,  I made my offer as $12 per sqft include maintenance and tax... but is been 3 month since last time I ask and chase for an update but no one reply.. while I'm not in a hurry to start this business now due to Tariff, but I'm wondering if my offer was too low that I may have offend the landlord?  anyone have any suggestion if I should continue to contact this agent for an update?
[{"id": "f0mxam2", "text": "Yes - always follow up.  It is worth one phone call if you are still interested.\n\nThe fact that it has been empty for 2 years should I allow to get their attention enough for a counter.  Also, if you are prepared to take the building as-is condition with no/minimal TIA then I don\u2019t know why the Landlord wouldn\u2019t be interested.\n\nWhat type of business and in what market?", "replies": [{"id": "f0okifo", "text": "gym sport business in NY", "replies": [], "depth": 2}], "depth": 1}, {"id": "f0mxfnd", "text": "Was this offer directed to an agent or to the landlord directly and have you had communication from anyone before 3 months ago? In either case, they are doing a bad job. Any offer from a potential client would be vetted and negotiated, especially considering that you aren't low-balling them an unreasonable amount. You may be reaching out to the wrong party. And yes if the space is that desirable then continue following up but considering there hasn't been a response in three months tells me that space and the tenant in that space isn't important and I would direct my attention to a different space. Depending on where you live and how much space you need, it may be worth looking into a coworking space.", "replies": [{"id": "f0oochq", "text": "it was directed to an agent, but from my understanding that agent works in a real estate company that owns by Landord, so I'm not sure how that works... they try to sell the entire building to another party back in Feb 2019, but the deal did not go through, after deal failed they got back to me on my offer and made a counter offer which pretty much did not change from their original term. \n\noriginal offer from me:\n\n space size about 15,500 sqft, 12 sqft include tax and maint , 10 year agreement, 3% rent increase per 2 year\n\n agentcounter offer with $10 per SQFT + NNN ( about $5 per sqft)  and 3% annual increase.\n\n I counter offer with standing firm in my price and but agreen to 2% annual increase base on past 5 years inflation rate. \n\nthen I never got an response from agent. I did chase once via email and call once and left a VM but never hear back from them.\n\nhonestly I'm not in a hurry now due to on going tariff as some of my equipment will be coming from China. I can wait and see, but I was curious if there were anything wrong on my offer or strategy.", "replies": [], "depth": 2}], "depth": 1}, {"id": "f0nlbk9", "text": "On the landlord side, I\u2019ve done deals like what you\u2019ve offered. Empty space; some revenue is better than none. \n\nPress the issue, you may break through.", "replies": [{"id": "f0oogjh", "text": "I add some details on top about my offer, not sure if my strategy was done correctly or if my offer way too low ball? but honestly if any price increase it would put me out of budget so , there are not much choice...", "replies": [{"id": "f0p51ga", "text": "Seems like there\u2019s a fair amount of distance between your expectations and the landlord ask. You\u2019re 40% or so below their face rate ask ($7 vs $10). If you\u2019re going to be that far below their expectations, they\u2019re not likely going to want to lock you into a 10 year deal with minimal rent bumps - that\u2019s a sure fire drop in value for them for the remainder of their hold. Especially given that they just tried to sell - they just won\u2019t be able to stomach that offer of yours. \n\nLook for a different location and engage a broker on your behalf (landlord pays the broker commission).", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}]