Scouting a location for your business

Here’s a wonderful article which outlines questions that any retail or restaurant tenant should ask as they determine the ideal location for their concept to flourish.

Many times I’ve heard real estate experts describe a store as “one hundred feet from greatness”. Don’t let that be your store. In the information age that we live in, metrics and demographics are readily available (I provide these to my clients via advanced research tools from the CCIM Institute) so if you know what you are looking for you should be able to find it. Please call me to discuss the demographic information that I can provide to you so that you can avoid the pitfalls of choosing the wrong location.

The step that many business owners skip is determining what it is that they are looking for. Read through this article and let me know what question you think is most often ignored.

Author: Liam Murphy

Liam Murphy is a partner at Hayes Commercial Real Estate and supports many national clients in their commercial real estate needs. He holds the distinguished Certified Commercial Investment Member (CCIM) designation as a recognized expert in the disciplines of commercial and investment real estate. Less than 6 percent of the commercial real estate practitioners nationwide have earned the CCIM designation.

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