It may seem a bit strange, a commercial real estate company suggesting that you go small when giving consideration to retail lease space, but that is exactly what we are doing in this article.
We are RDS Real Estate, serving the great City of Fort Worth and the surrounding Tarrant County. Call us at 817-439-3224 for more information about commercial property for rent in the Fort Worth area.
Now, let’s talk about starting small.
The current state of the economy
Unless you have been living under a rock, completely out of touch with the world in 2021, you know that things are a bit shaky economically because of COVID. The Year 2020, and then 2021, were years of business closures and unemployment. They were the years of many businesses changing their dynamics, supporting at-home work rather than traditional offices or warehouses.
And, as 2021 comes to a close, we are left to wonder what 2022 looks like? Will this scenario continue, or will the old normal return? These are uncertain times for citizens and business owners. Buying habits have changed. It is getting harder and harder for established retailers to keep their doors open. And we do not have a crystal ball which is telling us that all will be rosy in the coming years.
Still, there are some retail businesses which are flourishing, and there will be many more of them as we move forward. Yes, these are tough times, but they are also exciting times if you own a retail business which sells products which the public wants and/or needs. Opportunities await for those retail business owners, and finding the right retail space for lease is crucial for success.
Going small with retail lease space means lower expenses
The following advice of ours is based on years of experience in the commercial and industrial real estate industry: go small! Small is the smart move at this time. Small means lower operating expenses. It means less risk. Small means establishing a solid footing from which you can grow a healthy business. Small means finding a small retail space for rent, finding success at a small level, and then expansion when the risk is minimal.
We have seen it happen time and time again, big dreams, big retail rental properties, big expenses, and failure. The dreams were larger than the reality, and in a tough economy that is not a recipe for success.
Start small with retail space for rent!
Give yourself the option to enlarge your retail lease space
Start small, but rent with an eye towards expansion, when and if that success occurs. For any retail lease space you consider, as yourself this question: if you need to expand, is it possible in the retail lease space you are looking to rent? How easy will it be to expand in that retail lease space? Would you have to move if you suddenly became wildly successful? Moving a retail shop is damaging to a company; it is the last thing a business owner wants to do, so make sure you can expand where you are renting.
That’s all we have for you in this article: start small, and expand when success arrives. And call the pros at RDS Real Estate to help you find the perfect commercial property for lease and industrial property for rent in the Fort Worth area.
A word about RDS Real Estate
If you are in the Fort Worth area, we invite you to ask around for opinions about RDS Real Estate. We are locally owned and operated, we are highly-respected, and we are highly-motivated to help you find the exact retail lease space for you to succeed. Call us today and let’s make it happen.