Tips to Build a Successful Strip Mall
Strip malls have become a popular retail construction in most urban and suburban areas due to their ability to serve a variety of needs while offering multiple sources of cash flow. Here are some tips to help make sure your strip mall stands out and thrives in an evolving retail market.
Finding the right space to build your strip mall venture is critical to its success. For most customers, a stop at a strip mall is built on the idea of convenience. An ideal location for a strip mall is easily accessible to attract frequent traffic. The considered location should also be able to accommodate the tenants’ current store layout needs as well as future growth.
Another important consideration is the issue of parking availability for both staff and customers. Customers often want to park as close as possible to their store’s front door, so parking spaces need to be reasonably placed to provide maximum convenience to customers.
Visibility plays a significant role in driving traffic to your commercial property. Will your property be visible from the street? Are trees or other buildings blocking the view? All these should be put into consideration before you select a location to build a strip mall.
Create a Multi-use Space
It is important to find innovative ways to add value to your space so that people feel compelled to stop by. You can add an outdoor venue for providing entertainment or invest in landscaping, greenery or other assets to make your property refreshing and highly functional.
A strip mall construction involves a lot of details that need careful planning. At Ben Stout Construction, we can guide you through the entire commercial space selection process. Contact us today at 910-779-0019 to learn how we can help you build a modern strip mall that meets the needs of the project’s location demographic.
*Upgrades, selections, and incentives are subjected to credit approval and the stage of construction. Some limitations may apply. Promotions, terms, prices, features, amenities, options, floor plans, square footages, elevations, designs, materials, HOA fees, and descriptions are subject to change without notice. Square footages are approximate and may vary in construction and depending on the standard measurement used. Renderings, pictures, photographs, video, square footages, floor plans, elevations, features, colors, and sizes are approximate for illustration purposes only and may vary from the homes as built.