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Updated over 5 years ago on . Most recent reply

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3
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Denise P.
  • Macon, GA
1
Votes |
3
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How to find Retail companies to fill a 19000 sq foot building?

Denise P.
  • Macon, GA
Posted

How does one go about finding retail companies to fill a 19000 sq ft building in a very small coastal South Georgia town.  No industry there except shrimping and fishing industry.  We have had a retail tenant for 15 years that is about to leave. (Closing all their stores). The town needs a general "catch all" store.  Was originally a Western Auto with furniture building for 30 years and then became a Freds Retail store for 15 years.  There is only a Dollar General and a Winn Dixie there now.  The town is desperate for a grab and go "Walmart" type store. Is there a place to advertise for this type of business.  The location for this store is at the corner of  2 federal highways.  Help! 

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78
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35
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Tyler Hardy
  • Rental Property Investor
  • Williamson, GA
35
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78
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Tyler Hardy
  • Rental Property Investor
  • Williamson, GA
Replied

Where is this property located? Sometimes in commercial properties you may have a tenant right around the corner that needs to expand but doesn't have the available space. Also, have you listed it anywhere? I personally don't deal in commercial retail space but part of my day challenge job is working with the property owner and landlord of the building that we occupy. I was just recently in the market to move this location and it proved difficult to find an available space that wasn't listed on some service through a broker, such as Loopnet.

Have you considered the idea of offering up for subdividing? You may not be able to find a tenant for 19000 square feet, but you may have an easier time in a small town finding multiple tenants yes the cost of construction justifies overall Revenue.

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