Strip Mall Vacancies in Denver Metro Area
Hi Everyone,
The other day I took a long, winding route home from work through a bunch of neighborhoods between downtown Denver and Central Aurora. I noticed that there seem to be a lot more spaces available for lease than usual in strip malls all over. Like a LOT more.
Any ideas about what this means? Does anyone think it's a signal from the market? Or just bad business models that can't keep cash flowing against rising rents?
Thoughts?