Retail Properties For Sale
There is a wide range of retail properties ranging from single tenant net leased properties to regional malls. A shopping center can be generally defined as a group of stores that offer a varied selection of products and services. Typically, onsite parking is included as well. The super regional mall typically has several major anchors with numerous smaller retail outlets often enclosed. These centers tend to range from 750,000 square feet and up. Usually these centers draw from a trade area of at least 12 miles. By contrast, the specialty center is usually much smaller and focused on a specific theme that is often derived from local influence. In addition to shopping centers, there are also freestanding stores and strip commercial properties. A freestanding store is a single building that is typically occupied by just one tenant. Usually, freestanding stores are located in close proximity to shopping centers. Strip commercial properties, on the other hand, typically consist of a string of stores in a commercial area. These stores are not usually connected by a specific theme. Finding the right retail property involves not only locating real estate, but also learning important details about the demographics surrounding them. For example, you'll need to know about the location of the property you're considering, from traffic counts to access, as well as household income and competitive rental rates. You'll also want to know about the stability of the tenants, net income produced and area growth patterns. We at TM 1031 Exchange can help you to identify properties that interest you and gain the detailed information you need to make a decision. We specialize in matching qualified investors with attractive investment opportunities nationwide. Contact us toll-free at 1-877-4TM-1031 to learn more about our services and to register your requirements with us. If you prefer, you may e-mail here team@tm1031exchange.com.
|
|
|
