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Updated 6 months ago on . Most recent reply
Having Trouble Filling a Strip Mall Vacancy
Currently I have a Strip Center with a vacancy that has been incredibly hard to fill. The unit is ±1,300 SF of retail space. Located on the elbow of the shopping center. We have had little to no interest. We have marketed the property through 2 local brokers and in house. Vacancy has been on all major platforms and also I have done a large amount of our reach in the area still no interested. The location of the Strip mall is great the demos are not so great 50-60k range. Any one with any ideas or insight please reach out.
Property address: 150-190 Hanes Mill Ct
Winston-Salem, NC 27105
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- Lender
- The Woodlands, TX
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Quote from @Account Closed:
Currently I have a Strip Center with a vacancy that has been incredibly hard to fill. The unit is ±1,300 SF of retail space. Located on the elbow of the shopping center. We have had little to no interest. We have marketed the property through 2 local brokers and in house. Vacancy has been on all major platforms and also I have done a large amount of our reach in the area still no interested. The location of the Strip mall is great the demos are not so great 50-60k range. Any one with any ideas or insight please reach out.
Property address: 150-190 Hanes Mill Ct
Winston-Salem, NC 27105
2. Outfit the space as turnkey for an appropriate business (smoothie shop, dry cleaning substation, etc.) and sell the “business” with a small down payment, receiving a monthly payment for the business payoff + rent/
3. Outfit for 6 small offices with conference room, reception area, and business center. Rent office space by the month, week or day, or hour.
- Don Konipol
