by countrymomma » Fri 18 Jul 2008, 09:36:31
$this->bbcode_second_pass_quote('', 'I') didn't read the fine print so who knows how many years the lease would have to be signed for but what difference does it make?
Whoever is brave enough or foolish would only last 1 year anyways in today's economy.
I think some of these retail spaces will be converted to residential as American's disposable income drops.
My husband is an electrician, primarily working with new commercial construction. In the last 5 years a large portion of his job sites consist of strip malls and those walk-in doctor's offices inside of strip malls (new or existing).
The thing all these sites have in common?
They are mostly empty! After the buildings are ready for tenants most of them remain unused with signs posted for who to contact to lease the empty spaces. The parking lots are big stretches of asphalt slightly sprinkled with cars.
These mini-malls are built for pandering to frivolity. Whole boutiques dedicated to $100 toddler party dresses, scrap booking with all its fancy do-dads, innumerable cellphone dealers, nail salons, nail salons, nail salons....
What do I see in the strip malls that went under before the new ones were built? They are boarded up, with even bigger "for lease" signs tacked everywhere. In their weedy parking lots the local farmers' markets do a pretty good business under temporary tarps.