{"id":8365,"date":"2026-07-08T10:21:34","date_gmt":"2026-07-08T10:21:34","guid":{"rendered":"https:\/\/warehousehotline.com\/staging\/3072\/?p=8365"},"modified":"2026-09-20T10:50:05","modified_gmt":"2026-09-20T10:50:05","slug":"how-real-estate-can-create-income-after-you-sell-your-business","status":"publish","type":"post","link":"https:\/\/warehousehotline.com\/staging\/3072\/commercial-real-estate-podcast\/how-real-estate-can-create-income-after-you-sell-your-business\/","title":{"rendered":"How Real Estate Can Create Income After You Sell Your Business"},"content":{"rendered":"\n<figure class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"To Sell or Not to Sell? | The Hardest Decision Every Business Owner Must Make\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/0jrkh6199rY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Selling your business doesn\u2019t necessarily mean <a href=\"https:\/\/warehousehotline.com\/staging\/3072\/sell-commercial-properties\/\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">selling the building<\/mark><\/strong><\/a> it operates in. For some owners, keeping the real estate and leasing it to the buyer can create a new source of rental income after the company changes hands. But the decision involves more than collecting rent. The lease, property condition, and buyer\u2019s plans can all affect the deal.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In this episode, Aviva Sonenreich and Kory Mitchell, founder of Iconic Founders Group, explore the relationship between selling a business and owning its real estate. Kory shares how he and his brother grew their family\u2019s environmental services company into a national operation, sold the business, and retained several of its properties. The company\u2019s new owners remain tenants in those buildings today.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Aviva and Kory discuss why business buyers may prefer to lease rather than own a company\u2019s facilities, how rent and lease terms can affect a business valuation, and why environmental due diligence can become a major part of an acquisition. They also compare the lessons they learned growing their family businesses\u2014and what they would do differently when buying a business or an industrial property.<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Key Topics Discussed<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Why selling your operating business and selling its real estate are two separate decisions<\/li>\n\n\n\n<li class=\"\">How retaining a warehouse can create rental income after a business sale<\/li>\n\n\n\n<li class=\"\">Why private equity buyers may prefer to <a href=\"https:\/\/warehousehotline.com\/staging\/3072\/renting-warehouse-space\/\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">lease a company\u2019s facilities<\/mark><\/strong><\/a> rather than purchase them<\/li>\n\n\n\n<li class=\"\">How above-market or below-market rent can affect a business\u2019s reported profitability and valuation<\/li>\n\n\n\n<li class=\"\">Why buyers may request longer leases with defined rent increases during an acquisition<\/li>\n\n\n\n<li class=\"\">How environmental due diligence and potential contamination can complicate a business sale<\/li>\n\n\n\n<li class=\"\">What Kory learned from growing and selling his family\u2019s environmental services company<\/li>\n\n\n\n<li class=\"\">How debt, acquisition financing, and interest rates influence business growth and risk<\/li>\n\n\n\n<li class=\"\">What business buyers look for in recurring revenue, leadership, and future growth opportunities<\/li>\n\n\n\n<li class=\"\">Why Aviva and Kory both wish they had purchased certain industrial properties earlier<\/li>\n<\/ul>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>About the Guest<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.linkedin.com\/in\/korylmitchell\/\" target=\"_blank\" rel=\"noopener\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">Kory Mitchell<\/mark><\/strong><\/a> is the Founder and CEO of Iconic Founders Group, where he helps owners of specialty contracting businesses prepare for and navigate the sale of their companies. Kory began his career in his family\u2019s asbestos abatement business, which he and his brother later acquired and expanded through new services and strategic acquisitions. Having built and exited his own business through two transactions, including a nine-figure exit, Kory now helps fellow founders evaluate their options, connect with aligned buyers, and maximize the value of their companies while protecting the legacy they\u2019ve built.<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>About the Host<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/warehousehotline.com\/commercial-real-estate-brokers-denver\/aviva-sonenreich\/\" data-type=\"link\" data-id=\"https:\/\/warehousehotline.com\/commercial-real-estate-brokers-denver\/aviva-sonenreich\/\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">Aviva Sonenreich<\/mark><\/strong><\/a> is the Managing Broker and Owner of the Warehouse Hotline, a Denver commercial real estate brokerage specializing exclusively in industrial properties. She leads the firm&#8217;s brokerage operations, negotiates industrial sales and leasing transactions, advises clients on acquisition and disposition strategies, and oversees the company&#8217;s marketing and business development efforts. Through Commercial Real Estate Secrets, she interviews leading investors, brokers, developers, and industry experts to provide actionable insights on commercial real estate investing, brokerage, leasing, development, and market trends.<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Selling Your Business? Don\u2019t Overlook the Real Estate.<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If you own the warehouse your business operates in, the property deserves its own strategy when you\u2019re planning an exit. Keeping it, selling it separately, or negotiating a lease with the business buyer can have different implications for your future income and the transaction itself.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Warehouse Hotline helps Denver-area business owners evaluate, buy, sell, and lease industrial real estate. Whether you\u2019re considering a sale-leaseback, preparing to sell your building, or exploring the option of retaining it as an investment, we can help you understand your property\u2019s market position and real estate options.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/warehousehotline.com\/staging\/3072\/commercial-real-estate-services\/\" style=\"background-color:#f04e27\"><strong>Discuss Your Industrial Property<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Selling your business doesn\u2019t necessarily mean selling the building it operates in. For some owners, keeping the real estate and leasing it to the buyer can create a new source of rental income after the company changes hands. But the decision involves more than collecting rent. The lease, property condition, and buyer\u2019s plans can all [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8367,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","nfd_image_url":"","nfd_onboarding_generated":"","footnotes":""},"categories":[878,875,19],"tags":[],"class_list":["post-8365","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-leasing-tenant-representation","category-commercial-real-estate-investing","category-commercial-real-estate-podcast"],"acf":[],"jetpack_featured_media_url":"https:\/\/warehousehotline.com\/staging\/3072\/wp-content\/uploads\/2026\/09\/Aviva-x-Kory-Mitchell_v2_small.png","permalink_manager":null,"_links":{"self":[{"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/posts\/8365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/comments?post=8365"}],"version-history":[{"count":1,"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/posts\/8365\/revisions"}],"predecessor-version":[{"id":8368,"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/posts\/8365\/revisions\/8368"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/media\/8367"}],"wp:attachment":[{"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/media?parent=8365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/categories?post=8365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/tags?post=8365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}