The landscape of physical retail spaces is ever-changing, especially in the unpredictable times we’re experiencing. It’s more important than ever to have a strong physical retail presence to support online efforts. Whether you’re looking to buy new space, or lease one, we can help to identify the perfect property for your business.
things to know when looking for a retail place
There are many things to consider when you’re ready to invest in a commercial property. These points will help you find the perfect place.
Is the property next to highways? Areas in proximity to highways tend to get more traffic.
How is the building’s street exposure? From how far away, in either direction, can you see the space while driving by? Is it easily noticeable?
Are there any gentrification forces at work nearby?
- Are the roads being repaved?
- Is residential rent trending up?
- Are restaurants, bars, and high-end retailers coming into the area?
Path of progress
Is the city’s path of progress headed toward, or away from, the location? Pro Tip: Look for major retail openings and new highway development to determine the path of progress.
Retail Space Checklist
The right retail space can make a cash cow out of the most generic idea. Conversely, the wrong space can hobble a brilliant idea. Don’t leave it to chance. Download this easy, two-step checklist to find the retail property that will unlock sustainable prosperity for years to come.
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