All Forum Posts by: Nilesh Jethwa
Nilesh Jethwa has started 1 posts and replied 2 times.
Post: 0.7 acres in Kroger anchored center, lease to National tenant, starbucks etc
- Posts 2
- Votes 0
@Jamie Hora, Thank you for your feedback. I believe city codes might have changed and the actual building size could be somewhere ~4000 sqft.
Should I go after single tenant or multi tenant? I have seen few locations where a Dunkin is on one side and a bank on the other side (2 tenant building).
I am not sure where to begin with such ideas?
Post: 0.7 acres in Kroger anchored center, lease to National tenant, starbucks etc
- Posts 2
- Votes 0
I happen to own a small parcel in a shopping complex that has great demographics and is always busy.
I have been told by few brokers that national tenants need 1 acre to even consider it.
I wonder what tenants might be appropriate for this location. This land is CBD and my neighbour has a approx 5000 sqft building on the same size parcel.
So is a 5000 sqft building small for national tenants to consider? It is CBD zone so any business including drive thru can operate here.
I am open for ground lease or BTS options but how do I reach out to the right department heads. I think a Starbucks, Dunkin, Pizza or a small bank or credit union branch would really thrive in this location. The shopping center has several businesses including Kroger, Goddard School, Truist bank, Ozk Bank to name a few..
Any advice how to proceed, whom to contact?