Posted by Bill on November 06, 2009 at 13:44:53:
I have a vacancy in a strip mall in North Carolina ..., vacant for about 8 months @ market rates, 2700 sq ft., in a B+ unit. We are now discussing splitting the space. Should I consider the division or lower the rent until I can rent the entire space? What are the pros and cons from an experienced viewpoint. Also has anyone done an "emporium" type splitting with one entry/exit with 2 different businesses? What are the potential pitfalls? It seems a good idea with less customization although you would have to find compatible personalities & businesses. Personalities? Probably a bad idea. Thanks for any thoughts.
- Re: Dividing a commercial space Twinrick 08:16:44 11/12/09 (0)
- Incentivise the gross rents JT-IN 22:29:51 11/06/09 (0)