0.7 acres in Kroger anchored center, lease to National tenant, starbucks etc

[Nilesh Jethwa]

I happen to own a small parcel  in a shopping complex that has great demographics and is always busy.  

I have been told by few brokers that national tenants need 1 acre to even consider it.

I wonder what tenants might be appropriate for this location. This land is CBD and my neighbour has a approx 5000 sqft building on the same size parcel. 

So is a 5000 sqft building small for national tenants to consider? It is CBD zone so any business including drive thru can operate here. 

I am open for ground lease or BTS options but how do I reach out to the right department heads. I think a Starbucks, Dunkin, Pizza or a small bank or credit union branch would really thrive in this location. The shopping center has several businesses including Kroger,  Goddard School, Truist bank, Ozk Bank to name a few..

Any advice how to proceed, whom to contact?

[Jamie Hora]

There are plenty of tenants that can accommodate with a < 1 acre lot. You are in line with your thinking on some newer banks and/or coffee drive through shops.  There are drive-thru only coffee shops with buildings ~500 sq ft.  The main challenge with some of these are the dimensions of your lot and configuring the site to allow the minimum stacking of vechicles.

Depending on your use, a 5000 sq ft building may be tough to fit in this size lot when looking at how much parking you want/need, building setbacks, landscaping setbacks etc.