Top - Commercial Properties - Retail Overview

Retail property can be a financially sound option whether you are looking to buy, lease or invest.  This type of commercial real-estate ranges from individual shops to large neighborhoods retail centers.  Retail centers often drive traffic and offer several cross-sell opportunities by including various non-competing businesses sometimes complimented by an anchor store.  Larger retail centers often include "pad sites" typically occupied by banks and fast food operations.  Retail properties are often available in various locations and sizes to map to your specific needs, goals, and resources.  Properties are typically non-owner occupies and may be utilized for income, tax relief and appreciation. 

Property Characteristics

Small strip centers range from five to ten tenants and cover 6,000 to 15,000 sq. ft.  Many larger grocery chains initiate these as a brand anchor store with 10-20 smaller shop space tenants.  Undeveloped parcels in these centers are also an option; and while zoning considerations are a factor, most have been cleared prior to the anchor store's entry.  CENTURY 21 Select Real Estate, Inc. Commercial Division professionals are knowledgeable in evaluating the property for length of existing leases, the financial strength of the tenants, age and condition of the property and risk exposure to increases expenses.  Factors are considered to help match the best commercial property to your expectations.