Thursday, June 21, 2018

Bricks And Mortar Retail Is Changing!

S. Ridgewood Commerical Lot for Sale in Port Orange 

Is your Commercial Property Attractive to Potential Buyers?

According to Florida Realtor magazine, Bricks and Mortar Retail is evolving. Citing changes in consumer needs, owners are working in conjunction with Realtors to change existing buildings to fit the needs of today's markets.

Online sales are leading many national retailers to vacate their "big box" stores. These strategies are proving helpful as the end of the year vacancy rate was 10.83% while the prior year was at 12%.

 Adding diversity by rezoning to new mixed-used developments has helped to create an appealing retail experience by using a strong mix of local tenants and national brands. Economic prosperity and population growth should bode well for retail in the upcoming years.

For any commercial real estate buying or selling needs,
call Mark Card 386-566-8091

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