Writing an article about retail space for lease alternatives might seem like a strange activity for a business park to undertake, but we at Fort Worth Design District prefer to be upfront with our clients. We believe an honest approach is the best approach and so we present this article to you.
The Fort Worth Design District is actually three business parks in one: Box Office Warehouse Suites, Paddock Place Office Suites, and the Golden Triangle Business Park. Call us today at 817-439-3224 for affordable industrial space and commercial property for rent in the Greater Fort Worth Metro area.
What is retail space for lease?
Retail space for lease refers to commercial property for rent, typically used by businesses for selling goods or services to customers. Examples? Clothing stores, shopping malls, insurance offices, watch repair shops, car repair shops, fast-food restaurants, all of these entities fall under the category of traditional retail space for lease.
But what about non-traditional retail space? Is there such a thing? Is it worth pursuing?
Alternatives to traditional retail space for rent.
Hey, traditional is not for everyone and, in many cases, traditional property for rent is too expensive, so let’s take a look at some options you have:
- Kiosks: Don’t want a full retail store but still want your own space in a high-traffic area? Kiosks might be your solution. They are found in almost all shopping malls in the country, and many of them are quite profitable.
- Farmers markets: In just about every state, the organizers of farmers’ markets, craft fairs, festivals and other local events look for vendors to set up tables and sell their goods to attendees.
- Food trucks: Hello? Taco truck, anyone? Hamburgers? Why pay for a building when you can drive to the hot sales spots?
- Mobile retail units: The same as a food truck only these trucks are for retail items. We saw a tie-dye clothing truck the other day, and people were standing in line to get in. Or how about a mobile dog grooming shop?
- E-commerce: Do you really need a brick-and-mortar store at all? How about operating an online business?
- Pop-up shops: The larger the city, the more likely it is to find pop-up shops sprinkled around the high-traffic areas.
- Street fairs: Great for high-tourist areas. With the right product, these can be very profitable.
Bottom line: Traditional is not always the best route to take. People have made great livings from non-traditional approaches to retail sales.
Which is best for you?
We can’t answer this question for you, but we can suggest you, at the very least, consider these alternative approaches. Why pay expensive lease payments if you don’t have to? Our suggestion is always to start small and grow into success, simply because starting small means less financial risk.
Something to think about!
A final word about the Fort Worth Design District.
The Fort Worth Design District is a funky, forty-acre enclave for the creative entrepreneurs in the Fort Worth area, located in the Alliance Area of North Fort Worth. We have what you need i.e. shop for rent, warehouse for rent, office space for rent, retail space for lease, loft for rent, you name it, we’ve got it, and at a price you can afford. Call us today and arrange for a tour of our commercial and industrial space for lease.
