Location is critical to the value of retail real estate and each operator has unique needs.
Decisions on the right retail location are critical given often thin retail margins.
The size of the unit is also critical as every inch of space can be utilized to create revenue.
Retailers are very particular about their location and searches can be lengthy.
Many small retail tenants are start-ups, and their first ventures can be protracted to get started with costs higher than planned.
Some retailers need to be in a high foot traffic area, some need high auto traffic and parking density.
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See my FAQ or my articles on buying, selling and leasing retail properties.