What is the ideal retail space? How much visibility do you need, how much space? Are you a destination store, a franchise, do you need local foot traffic or would a power center best suit your retail profile? The optimal store location is directly tied to your customer base. Phoenix Commercial Properties, Inc. will help you define your vision and identify the right retail space to suit your needs. Whether it be your first store, that critical second location or selecting multiple locations, we will help define your real estate plan for today and into the future. We have the market knowledge, relationships and inside information to find the perfect location to suit your business needs.
However, identifying the right space is only the beginning. Our support network of professionals in design, construction, banking and law will be at your fingertips. With more than fifteen years of experience in both landlord and tenant representation, we are able to help your company arrive at the most advantageous terms to accommodate your company’s size requirements, budget and long-term objectives.
Retail properties represent one of the most sought-after commercial investments. However, they may carry the greatest risk. The balance between the two requires a solid team behind you that understands all of the potential risk vs. rewards a buyer or seller can face. Our background in both buying and selling retail oriented commercial investment properties can be invaluable when researching and evaluating the right strategy to meet the needs of today’s sophisticated retailers, landlords and investor clients.
The same can be said for outparcel sales and purchases located within established shopping centers or other types of retail venues. Evaluating land can be difficult on its most fundamental level. When protective covenants, development restrictions, zoning limitations, parking and common area use elements are applied; the perfect site may no longer fit your needs. Conversely, when selling outparcels it is important to fully acknowledge all of the limiting factors that may affect a sale such as building size, utility, conflicting use with other tenants, operating expenses, access, development standards and the overall economic and physical impact to the contiguous development. From both sides, assessing the value of the parcel while analyzing the most beneficial transaction (land lease, build-to-suit to sell/buy or lease, or direct sale) should be well thought out.
Flex office spaces are simply that: flexible. Sometimes these spaces may cross the line between retail and office or retail and industrial. These spaces serve an important role in many suburban oriented markets. Normally characterized as single story properties with direct entrances to tenant spaces; they often lack common areas which reduce operating costs and are leased on a “net” basis.
In many cases, the specific technical needs of a business cannot be met within the current or future space inventory in a city or surrounding market. In these instances the client may decide to construct a building that meets their needs and either own it or lease it back from an investor. This is a very detailed process that requires a solid team behind you with the experience and process for formulating your build-to suit plan from the initial site selection through the first day of operation and everything in between. Phoenix Commercial Properties, Inc. has assisted tenants, owners and users accomplish their build-to-suit needs. Our background, resources and skilled development and construction partners can bring value to your project in virtually any market.