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Updated over 1 year ago, 08/04/2023

User Stats

18
Posts
6
Votes
Chris Heinmiller
  • Rental Property Investor
  • Jacksonville, FL
6
Votes |
18
Posts

Question for Shopping Center Owners- Am I Missing Something?

Chris Heinmiller
  • Rental Property Investor
  • Jacksonville, FL
Posted

Hey BP!

Earlier this year I started a bit of a side hustle to place ice vending machines in the parking lots of shopping centers and other open lots in Florida (Jacksonville area, specifically). It seems like I have a great deal for a property owner- I want to lease a 15' X 15' space for the machine, for which I will pay $600/ month or so. I handle all setup costs (mostly running utilities, but in some cases laying a small concrete pad) , pay all utilities (incremental to the money for the lease), insurance, etc., so the only commitment from the the property owner is really in the space they're providing me for the machine. 

I've been searching for parking lots on high-traffic streets and thoroughfares and although I have found many and contacted the owners and/ or property managers of these properties, I've had a ton of trouble getting any property managers or owners to show any interest whatsoever. Is there something I'm missing? Most of these parking lots/ shopping centers have extra spots or areas which never seem to be filled with cars, so it seems like a lay up for them to generate extra revenue with little-to-no effort on their end.

Finally, short of looking on the DOT and county sites, is there a way to build a large list of these "ideal properties" with contact info without having to spend hrs driving around or looking on Google Earth and researching contact info on the county site? I'm starting to think it is going to take a "quantity over quality" approach just to find a couple of interested owners/ property managers...

Thanks for any advice!

Chris

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