Potentially might sell business. Keep cash flowing business or 1031?
Don’t know much about CRE. I’m involved in an automotive business that just got a pretty sizeable offer to get acquired. I will add that we currently do not own the real estate however with our lease being 30+ years a % of our lease can be exchanged.

 It’s nice when you think about the decent offer, but when I look around and talk to brokers across the country, 1031’ing proceeds into a single tenant or even a multi fam property seems to be so uninspiring at the moment. 

All of my partners in their 70s and I’m in my 30s. I understand why they might want to take chips off the table, but I’m just not seeing any deals that make sense. 

Would you recommend waiting? Take the money and buy an asset that will produce less cash flow today but potentially more upside down the line?
[{"id": "j08ebcw", "text": "What market are you in?", "replies": [{"id": "j08ixxs", "text": "California", "replies": [], "depth": 2}], "depth": 1}, {"id": "j08g5vl", "text": "The offer to buy is there now, not necessarily in the future. Choosing to wait might as well mean choosing to never sell. When you choose to sell there may not be any ready or willing buyers except opportunistic ones offering low amounts.", "replies": [{"id": "j08j0ki", "text": "Especially since our 1031 window is closing within the next 14 months.", "replies": [{"id": "j09nleg", "text": "I don\u2019t understand your response to his comment. He means the offer to buy YOUR auto business is there now and may not be at the $ you want or when you want to sell. What does the 1031 window have to do with that if you don\u2019t sell?  I\u2019m confused and just trying to genuinely understand.", "replies": [{"id": "j09p6j9", "text": "Sorry what I meant to say is we are selling a business only with a lease of 30+ years. No RE involved. If we decide to sell later on and if there are interested parties those gains would be taxed.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "j0spo05", "text": "Message me if interested i have gas stations hotels and multifamily and wouldn\u2019t mind going over returns and the ins and outs of things\nIm also in cali", "replies": [], "depth": 1}]