Strip Malls

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 […]

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 […]

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 […]

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!

Some of our merchants are membership-based and funds are either withdrawn from checking or a credit card automatically.
This afternoon I received a call from one of my best tenants, requesting a split rent payment schedule in January; the reason for his request is pretty clear with the headline above. Thinking there was a processing error, more

Behavioral Patterns of Winning Tenants and Great Landlords
Part Two of a Multi-Part Series

In our first article in the series, “4 Rules for Strip Mall Tenants Before Lease Signing,” we gave some guidelines for prospective strip mall tenants. This article discusses questions a landlord must ask that tenant before a commitment (lease) is executed in […]

Brad Edmonds, author of There’s a Government in Your Soup, speaks of the history and social fabric of the ubiquitous strip mall. It’s a good read!