Location & Foot Traffic – Proximity to your target customers, visibility, accessibility, and parking availability.
Market Research – Compare nearby businesses, rental demand, and growth trends in the area.
Zoning & Regulations – Ensure the property is zoned for retail use and check for restrictions or permits needed.
Size & Layout – The space should match your business type (floor space, storage, display, etc.).
Condition & Maintenance Costs – Inspect plumbing, electrical, HVAC, and structural condition to avoid hidden expenses.
Ownership Costs – Factor in property taxes, insurance, HOA/maintenance fees, and utilities.
Financing & ROI – Assess loan options, potential rental income (if subleasing), and long-term appreciation value.
Future Development Plans – Check city planning; nearby projects can either boost or hurt foot traffic.
Exit Strategy – Think about resale value and how easy it would be to lease or sell the property later.Statistics: Posted by jonny — Tue Sep 02, 2025 9:55 pm
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