CRE TENANT ADVICE Thursdays:
Finding the right location is a critical element of a successful business especially if you are a retailer or restaurant.
While great retail or restaurant concepts can make it in hard to find locations, generally the harder it is for customers to find you, the longer it will take for your business to develop a consistent clientele to which if it takes too long, you may run out of money before you gain traction.
Consider paying a bit more in rent for the best locations that have the right demos| great visibility | high foot traffic instead of focusing on locations with the lowest rents.
See The Big Picture.
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