It seems like it should be pretty straight-forward, doesn’t it? You need retail space for lease, you go out and look at a few prime locations, and you find the one you can afford in a decent location. Heaven knows there are a lot of available retail opportunities in most cities, especially post-COVID.
But the process is more difficult than that, and in this article we will talk about those difficulties. Perhaps we can arm you with information now which will help make the process easier for you.
We are the Fort Worth Design District, and providing quality commercial and industrial space for lease is what we do in Fort Worth, Texas. Call us at 817-439-3224 for more information and to arrange for a tour of our Design District Fort Worth.
The physical needs for your business
This is perhaps the easiest of the many considerations when looking at retail space for rent. How big of a retail space do you need? How do you want the customer traffic to flow through your store? Do you need a back office? Do you need a loading dock? What is the appearance of the retail building? Will it need repairs in the near future? Does the building scream the ambiance you want it to scream?
Location is important, or is it for retail space for lease?
We can only think of one reason why location would not be important, and that would be if you are selling a product which is not sold by any other business in your city, a product needed by enough customers so that the location of your shop is not terribly important. You have what they need, and they are willing to drive just about anywhere to get it.
But, that rarely happens . . . rarely! In the real world, for 99% of retail businesses, location is vitally important. Traffic flow is vitally important. Foot traffic is vitally important. Parking is vitally important.
What is the shop near? Is it near what we call related businesses i.e. businesses which are somehow related and thus beneficial to your business?
And, where is your main competition? Do you want to be near it, or far-removed from it?
Zoning and signage for retail space for lease
Not all retail areas are zoned for all retail businesses. And not all retail areas have a “any type of sign is allowed” policy. These are simple things to find out, so make sure you find it out. A good commercial real estate broker will have this information readily available.
The future is now!
Where is business flowing in your city? An example of the point we are making: at one time, the center of retail business, in Fort Worth, was in downtown Fort Worth. That is not true today. Business is flowing northward. The fastest growing commercial area in the Fort Worth area is in the Alliance Area of North Fort Worth. That is a verifiable fact, one which should be known by anyone currently looking for a Fort Worth retail space for lease.
A word about the Fort Worth Design District
The Fort Worth Design District is forty-plus acres of commercial and industrial property in the Alliance Area of North Fort Worth, consisting of three separate business parks: Box Office Warehouse Suites, Paddock Place Office Suites, and the Golden Triangle Business Park. Call us to arrange for a tour of these outstanding properties.