[PDF] espace commercial retail space

What is retail space?

Retail space is commercial real estate property where goods and services are sold directly to buyers in person, who are purchasing for their own use. These brick-and-mortar storefronts including strip malls, shopping centers, community retail centers, power centers, shopping malls and out parcels.

What is commercial & office space?

Commercial space is typically used for businesses that don’t have a lot of foot traffic. For example, an insurance sales company that does business over the phone or meets clients by appointment in their office would need commercial space rather than retail space. What are some typical features in commercial and/or office space?

How big is a community retail center?

Normally 150,000 to 350,000 square feet, community retail centers often feature multiple anchor tenants such as grocery stores, drug stores and restaurants. These larger retail centers typically have several smaller, inline retail store tenants with a few major box retailers. Each big box retailer occupies 30,000 to 50,000 square feet.

Why should you choose a commercial space for your business?

Commercial spaces are ideal for businesses that need room for cubicles in addition to a reception area, offices, and conference rooms. These businesses aside from the employees, don’t see a tremendous amount of foot traffic. They are typically centrally located, making it easier for employees who commute.