Need Advice
We operate a few cell phone stores and we need to close one of them before the lease expires (we haven’t turned a profit on the location yet and it is best to just lock in our losses). 

We will be leaving at month 24 of the 36 month lease and I have two questions:

- Can the landlord force us to pay CAM charges even though we will not be utilizing the space? 

- How common is it for commercial landlords to accept a payment plan with interest on the remainder of the lease? This just helps us with cash flow obviously 

Thank you for the time and any feedback given.
[{"id": "ffik24d", "text": "Your lease probably details what happens when you go dark", "replies": [], "depth": 1}, {"id": "ffil54e", "text": "Read your lease for a \u201cgo dark\u201d clause as mentioned by another poster and search for the section on \u201ctermination.\u201d There may be one which specifically outlines early term options. Your lease obligations for your situation should be outlined there, but you also may have no termination options at all. That being said, the property owner has discretion in how they handle this with you. Some may be willing to negotiate a buy out, allow a sublease, agree to remarket and release you if they relet the space quickly or any number of other options. If your LL isn\u2019t a jerk and you come at them fairly, most are willing to work with their tenants to preserve relationships. IE, you come back and lease from them again, especially if you have other successful locations. \n\nGood Luck.\n\n*edited for clarity", "replies": [], "depth": 1}, {"id": "ffivmn8", "text": "Likely still on the hook for your pro rata share of CAM and other reimbursable opex. As mentioned by others reference the lease language  covering Termination or dark space provisions. Landlords are not contractually obligated to accommodate  a payment plan, and likely have the right to get compensated for the unpaid balance in your lease based on whatever entity you have guaranteeing the lease. That being said, if you approach them the right way and express commitment to honoring your obligation via a payment plan they may be receptive. Looking into sublease opportunities may be viable as well and bringing it to the LL could be well received. A termination payment may be negotiable as well just to cut bait on the lease. depending on your location, tenant demand and rent growth in your market it may be advantageous for LL to get you out and re-tenant at higher rents. Depending on the LL business plan (eg upcoming renovation, expanding other tenants) they may even let you walk just to replace you with a better credit or some tenant in their pipeline. My recommendation would be to come to the table prepared with either a tenant in tow to sublease and backfill you, or your termination payment/plan analyzed. Know what you can offer based on your companies financial condition. Communicate  your preferred option and see where negotiations go.", "replies": [], "depth": 1}, {"id": "ffix10u", "text": "Would also check your security deposit amount and if you have a restoration clause requiring you to return the space to the condition it was in prior to occupying. You don\u2019t want to get surprised by monetary amounts you owe when calculating what type of payment you can offer.", "replies": [], "depth": 1}, {"id": "ffj61rc", "text": "Can you sublease or transfer the lease?", "replies": [], "depth": 1}, {"id": "ffjkib7", "text": "Assume the worst that your landlord will not accept payment plan and will not let you off the hook for cam. You took on a contractual lease and I doubt the landlord will have potty in you and accept any losses.  I think your best bet is to find a replacement tenant or sublease it. I don\u2019t know which state you are in but in nyc you are responsible to Pay whatever lost rent the ll incurred as a result of you vacating. So if you leave and he find a tenant 6 months later you only pay 6 months and the lease can be terminated.", "replies": [], "depth": 1}, {"id": "ffk3vfz", "text": "Almost all questions like this can be answered by your lease agreement. However, everything is negotiable. I worked for a landlord that would rather work out a percent rent deal than allow a struggling tenant space go vacant. Before you do anything I would have a talk with your landlord and tell him you are considering closing up shop.", "replies": [], "depth": 1}]