Commercial tenants often sign multi-year leases that allow you to better guarantee the profitability of your investment.Īs one of the property types that has withstood the challenges of the pandemic, strip malls remain a good investment opportunity.
One of the key advantages to strip malls is the relative reliability of tenants, compared to residential tenants. They can provide steady income over many years, and choosing a diverse set of service-oriented businesses can mitigate risk exposure. There are many advantages to investing in strip malls. If you take the time to learn more about the strip mall you’re investing in and the surrounding market, you can take even a struggling location and make it into a great success. The traditional retail strip mall can be an excellent investment as part of a diversified portfolio, as long as you know what to look for and are willing to invest in property improvements. This has led many small businesses to turn to retail strip malls in urban and suburban areas, creating new opportunities for real estate investors.
The closure of anchor stores has dragged down surrounding businesses, sparking a major decline in large shopping malls. Retailers of all sizes have been affected by the explosive growth of e-commerce, especially chain retail stores.
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