Retail Properties
Selling a retail property with an experienced broker like Commercial Exits can help you due to the complicated nature of retail properties. Retail properties can be complicated for several reasons:
- Tenant mix: Retail properties often have multiple tenants with different lease agreements, rent structures, and operational needs. Managing these tenants can be complex and require careful coordination to ensure that the property is profitable and well-maintained.
- Location: The success of a retail property is often tied to its location. Factors such as visibility, accessibility, and proximity to other businesses can impact the property’s profitability and value. Identifying and acquiring a prime retail location can be challenging and require specialized expertise.
- Market trends: Retail is a dynamic industry that is constantly changing. Market trends such as e-commerce, shifting consumer preferences, and economic conditions can impact the performance of retail properties. Staying up-to-date with these trends and adapting to them can be a challenge for property owners and investors.
- Zoning and regulations: Retail properties are subject to zoning and regulatory requirements that can be complex and vary from location to location. Ensuring that the property complies with these requirements can be a challenge, and violations can result in costly fines and legal issues.
- Property management: Retail properties require ongoing management and maintenance, including common area upkeep, parking lot maintenance, and tenant management. Managing these responsibilities can be time-consuming and require specialized expertise to ensure that the property remains profitable and well-maintained.
In summary, retail properties can be complicated due to the tenant mix, location, market trends, zoning and regulations, and ongoing property management requirements. Working with a broker or real estate professional who has experience with retail properties can help you navigate these complexities and maximize the value of your investment.
Retail Properties Feed
- Edwards Realty Company Breaks Ground on Orland Park Development March 20, 2025Orland Park-based Edwards Realty Company and the Village of Orland Park are set to break ground on Downtown Orland Park, a development featuring stand-alone restaurants, retail, co-working, fitness, and daycare businesses, along-side a vibrant entertainment district filled with bars, restaurants, and live music. Downtown Orland Park will encompass more than 140,000 square feet, including 37,000 […]Jasmine Kilman
- X Team Retail Advisors Re-Elects Board of Directors for 2025 March 20, 2025X Team Retail Advisors has selected its 2025 board of directors to lead the national platform comprised of more than 350 retail real estate specialists spread across nearly 50 markets in the U.S. and Canada. Dave Cheatham, who leads affiliate member Velocity Retail Group in Phoenix, has been elected for a third term to serve […]Paul Bubny
- Veterinary Clinic Signs Lease in Columbia’s Merriweather District March 20, 2025Howard Hughes, the developer of Merriweather District in Columbia, has signed a 3,290-square-foot lease with Paws Up Veterinary on the ground floor of Juniper, a new mixed-use apartment building located at 6000 Merriweather Dr. Paws Up was represented by Emory Camper with Ameriventure Commercial, and Howard Hughes was represented by Ray Schupp, Suzanne Katz and […]Jasmine Kilman
- The Story Behind Fast Food, Grocery and Beauty Demand March 20, 2025This article is the first in a series of written pieces focusing on various retail areas. Retail real estate is a study of opposites. At one end, there is a lack of space and very low vacancies. At the other end, there are bankruptcy cases and more bankruptcy cases. However, retail encompasses many uses, products, […]Amy Wolff Sorter
- New Bethesda Dining Location to Open at Office Tower March 19, 2025The Chevy Chase Land Company has announced the debut of Pisco y Nazca Ceviche Gastrobar at 2 Bethesda Metro, an office tower in downtown Bethesda that recently completed a $25 million repositioning. Located on the retail level of the Class A 2 Bethesda Metro in a 6,547-square-foot space, the restaurant is the third metro location […]Jasmine Kilman
- Plans for The Parque to Receive Final Review March 19, 2025Scottsdale developers behind a $1 billion mixed-use venture are refining their plans. George Kurtz, the man behind CrowdStrike, purchased the former Cracker Jax amusement park for $55 million in 2022 and the nearby Promenade Shopping Center for $180 million. The Phoenix Business Plan reports the latest site plans for The Parque were submitted to the […]Mike Boyd
- Prosper Welcomes New Costco March 19, 2025DFW community Prosper is on the move. The town’s population increased by 46,600 residents from July 2023 to July 2024, the fourth fastest increase in the country. When it comes to rooftops, few companies chase them like Costco. Construction at the northeast corner of FM 1385 and University Drive began last March and the store recently […]Mike Boyd
- Jamestown Granted Approval for Major Addition to Birkdale Village March 19, 2025The $200 million plan to add significant new development to Birkdale Village has received a critical approval. The Charlotte Business Journal reports Jamestown received an okay from the Huntersville Board of Commissioners for a rezoning that will allow them to develop a 125-room hotel, 150 multifamily units, 26,715 square feet of retail space and a […]Mike Boyd
- Gateway Jax to Revamp Century-Old Hotel March 19, 2025Development firm Gateway Jax will restore the Ambassador Hotel with the partnership of The Indigo Road Hospitality Group. Gateway Jax, made up of DLP Capital and JWB Real Estate Capital, manages a private equity fund focused exclusively on Downtown Jacksonville development. Gateway Jax plans to redevelop the 100-year-old hotel into a minimum of 100-key concept with […]Mike Boyd
- Net-Leased CVS Property in Ohio Trades Hands March 18, 2025Marcus & Millichap has completed the sale of a net-leased CVS property in Westerville, Ohio. “With a prime location at a high-traffic, 60,000-vehicle-per-day intersection, this CVS attracted strong investor interest,” said Mitch Grant, associate. “As drugstore closures create opportunities for backfill tenants and end-users, properties in strong trade areas with replaceable in-place rents remain a […]Jasmine Kilman
