LocalCenters.com — Success blueprints for strip mall investors and retailers

How to be #1 in your city

You can be the number one retailer in your category in your city, and it won’t cost you a penny. Enter a “best of” or “A-List” contest, sponsored by local media. Here’s how to do it and become #1.

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Strip Malls: Develop new or buy existing?

New strip mall construction is virtually non-existent, and that will not change for several years. Existing inventory is your best buy today, and many properties, especially if they are classified as special assets (bank-owned, controlled by a receiver, in foreclosure, etc.) can be had for less than replacement cost.

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Building Codes Do Not Insure Quality Construction

A local building department reviews a plan submittal. The plan is eventually approved and construction can begin. Does compliance with a building code mean a guaranteed level of quality during construction? Not necessarily. To see why, it is helpful to understand that a code is a minimum set of construction requirements primarily designed to address [...]

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Population density and impressions determine sales in strip malls

Strip mall sales volumes are usually closely tied to traffic counts and population density. Sometimes being a block off the action isn’t good enough. The answer to this question from Lino in Chile applies universally. LINO ALFARO wrote: Hi, I got a location and I want to develop a Strip Mall in CHILE. Its 1 [...]

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