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Retail Apocalypse = Commercial Property Owners Desperate

Discussion in 'Business Models, Niches, Industries' started by Solais, Nov 30, 2018.

  1. Solais
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    Solais Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Navigating the New Age of Retail Real Estate

    TL;DR

    The "retail apocalypse" is leaving commercial property owners between a rock and a hard place. If you plan on starting a local brick-and-mortar and want to reduce your rent, this might be a great opportunity, as the business owner has the upper hand in negotiations.
     
    ironman150 likes this.
  2. Megan Kay
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    Megan Kay Contributor Read Millionaire Fastlane

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    I wonder about some creative uses of those now dead spaces. I watched a little documentary the other day where a gal is using commercial buildings as shared living spaces - Podshare. Looks like she's making bank with it, but it's not a business model I'd personally want to pursue. Would probably need high density urban areas to work, but it could be a cool thing for areas of high homelessness too.
     
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  3. YoungPadawan
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    YoungPadawan Miles to go before I sleep Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    You could probably turn them into co-working spaces, too. Or bulk storage maybe?
     
  4. BusinessNoob
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    BusinessNoob New Contributor

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    Fulfillment centers for Amazon's one hour delivery service....
     
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  5. NicholasCato
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    NicholasCato Contributor

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    This 100% lol
     
  6. minivanman
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    minivanman Gold Contributor Speedway Pass

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    U-Haul just bought a few to make in to storage units. Back in the late '90's someone turned the old K-Mart in Abilene Texas in to a huge storage place and it seems to have caught on a little at a time. This is actually the only time my wife and I have had a conversation about business..... we have talked about buying a storage business. Normally she and I don't talk much about business. I could see it happening if given the easy opportunity and the price is right. I could get my nephew to run the place.
     
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    MHP368 Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Top of my head you could open a club but its at a new venue every week. So the holding cost and cost of having to move stuff around every week would be high but its definitely an angle , I suppose the liquor licence wouldnt transfer though?
     

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