Saturday, May 5, 2007

The Perfect Shopping Center

My perfect shopping center:
(because if you don't know what you are looking for, you'll rarely find it)
Spaces demised into 1,200 - 2,400 square feet.
A dentist, a bank, a restaurant and another dentist.
No video store. Parking over 4 per thousand. Ideally far more than this.
Leases terminating 3-5 years from now. Increase of property taxes passed through to tenants. Corner location on a 4 lane street. I can go on and I will next time.

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