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Updated about 8 years ago,
Vacant lot retail investment development
I am new to real estate. My background is Finance from DePaul University.
My family owns a vacant lot the chicago land chicago area. The lot size is 100' x 125' (12,500 square feet).
We would like to know information on developing retail properties and lease it to companies like walgreens, cvs, or chase bank etc.
Below are few of my questions:
1. What is the best way to start my research on this subject?
2. Are their consultants or companies that specialize in this? If so what are some firms that do this?
3. I understand these retail properties have very specific specs for the construction. Who is responsible for the financing of the construction of these retail comapnies?