Author Archive for John Wallace

Laguna Business Center

If you need a professional office for you and your clients and don’t want to squander your overhead on rent for space you don’t need, I want to show you our executive suites, personally.
Years ago, when I left a large company to strike out on my own, I started out at the most famous […]

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Pick Up Stix Closes 26 Stores Without Notice

Pick Up Stix, a San Clemente,CA based chain of fast casual Asian restaurants, has shuttered 26 stores in Northern California, Nevada, and Arizona as of January 15, 2008. Apparently there was no notice given to the local employees, according to the buzz on Elk Grove, CA based Elk Grove Online (requires registration).
“We have made the […]

How To Calculate Rent For a Freestanding Fast Food Drive-Thru

Higher Sales Volume and Costs Justify Higher Rent for a Freestanding Drive-Thru As Opposed to a Strip Center Endcap or Inline Shop Space–But How Much Higher?
From Lyle in Illinois
Q :We are looking to open our first fast food franchise location. We have found a location which is an ex-fast food location with existing drive through […]

Wal-Mart Says “Watch Out Tesco!”

Strip Malls Soon To Get A New Player with Marketside
Today Wal-Mart announced plans to roll out “Marketside,” a concept intended to compete head on with the UK Giant Tesco, doing business in the U.S as Fresh and Easy.
The story is still developing, and the figures in the Forbes article below are incorrect. They state […]

Hello Elk Grove–We Finally Have A Home for You! A Note from John

Brand New! A special category for Elk Grove only! You’ll want to sign up for the coupon specials and here’s how to do that

Strikes, Yer In!

Strikes Bowling Center from Rocklin has announced that they are moving ahead with a 42 lane bowling alley, and  a 125 person meeting space and banquet area. Joining them in the old JVC building will be California Family Fitness.
From The Business Journal
How do you think this will affect nearby competing venues like Gold’s Gym? […]

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5 Ways To Find Strip Mall Tenants

Finding tenants for strip malls is a challenge because we often don’t know who they are, where they are, and their expansion plans. Here are 5 ways to find ‘em!

Shortcuts for Estimating Sustainable Shop Rent Levels

If your franchisor doesn’t have a good income and expense model, or if you’re on your own and you need to estimate the most rent your can pay, here’s a quick calculation for you. From Ask The Strip Mall Insider…

The Missing Ingredient in McDonald’s Big Mac

How smart were THESE MBAs? The customer experience doesn’t end when your customer leaves your store. Or the drive thru..

Can Commercial Property Development Afford Ron Paul?

The national consumption tax, as proposed by Ron Paul and others, may not be a positive for income producing real estate developers.