It’s a big thing, looking for the perfect retail space for lease. Choose the right one and your business soars. Choose the wrong one and your business becomes a footnote in history that no one will remember.
A big thing indeed!
This article is going to help you to choose the perfect retail space for rent in your area, so pay close attention. We are the Fort Worth Design District, the newest and funkiest commercial and industrial area in all of Fort Worth/Tarrant County. Call us and arrange for a tour of our retail space for lease.
And now, how to find the perfect retail space for lease in Fort Worth or any other major city.
Consider the perfect location for the future
One trend which is firmly established in commercial real estate is this: downtowns are dying in major cities across the country. Of course there are exceptions to this statement, but by and large the price you pay for retail space in a downtown area is not supported by the amount of business you will receive by being downtown.
Look for retail space in a neighborhood which is rapidly growing, or one which is projected to grow soon. In the Fort Worth area, that neighborhood is the Alliance Area in North Fort Worth, one of the fastest-growing industrial and commercial areas in all of Texas. A smart business person would skip properties in downtown Fort Worth and instead concentrate on properties for rent in the Alliance Area i.e. the Fort Worth Design District.
Consider locking in the rental price at a price you can afford
If you can do this, do it! There’s an old adage which goes something like this: it never hurts to ask! If you find a rental price which fits nicely into your budget, and it is in a growing area, lock that price in for as long as you can. It may save you large amounts of money over the years.
Consider your present needs as well as your future needs
We cannot emphasize this enough. Plan for future growth. Yes, you may only need 500 square feet right now, but what happens when you grow in five years and you need double that space? It is better to rent a little large than too small. Nobody likes moving, and moving is expensive.
Do your homework on local property management firms
Yes, we said local management firms. Local means your neighbors. Local means the dollars stay in the local economy. Local means easier accessibility should you have a problem. We have nothing against franchises of national corporations, but a real estate management firm headquartered in Los Angeles or New York is not going to care as much about a rental in Fort Worth as a Fort Worth management firm will. We speak the truth on this.
A word about the Fort Worth Design District
The Fort Worth Design District is over forty acres of prime commercial and industrial property for lease, located in the Alliance Area. It consists of Box Office Warehouse Suites, Paddock Place Office Suites, and the Golden Triangle Business Park, and it is managed by RDS Real Estate, locally owned and operated. Call us for more information on retail space for lease in Tarrant County.