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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Don Konipol
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Don Konipol
#1 Mortgage Brokers & Lenders Contributor
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1. Buy a franchise type business, place it in the space, and sell a turnkey operation with built in lease.
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.
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
Private Mortgage Financing Partners, LLC