Leasing Tip of the Day: So You Want to Invest in Retail?

So you want to invest in retail?

Here are my recommendations:

1️⃣ Focus on Community and Neighborhood: Retail investment should be local. Know the community and the neighborhood where you’re investing.
2️⃣ Proximity to Home: Consider centers that are within a short distance from where you live. This allows you to be familiar with the market conditions, landlords, and tenants.
3️⃣ Leverage Existing Investments: If you already own other types of properties like mobile home parks, multi-family homes, or office buildings nearby, use that familiarity to guide your retail investments.
4️⃣ Research the Area: Understand who owns the properties in your chosen area. Look for opportunities where there’s a higher vacancy rate, as those properties are more likely to go back to the bank or lender, offering you a chance to invest.

If you’d like more information on how you can start investing in retail centers, email me! Happy Investing!

PS –  Special thanks to Theo Hicks for having me on The Best Ever CRE podcast!

Watch my latest YouTube Short!