Quote:
Originally Posted by jimbo2012
But when it doesn't "go for" it's not worth the money hense dark space after 3 years.
It's only because they don't need the money they can sit on the property.
the new space on rt 44 east of Sparrs is like 12-15 a foot 6 free months, almost all rented I think.
Percentage Rent is not done on most retail space it is done mostly in malls etc.
these squares don't have year round foot traffic.
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You must know more than they do. Most businesses have high seasons. Clothing is cyclical. If you have what everybody wants, or what everybody is willing to pay a lot for...well there you are. I am frugal, in fact many call me tight. I don't often shop at the squares. I have always been aware of the high rent at vacation destinations. If you have to pay high overhead, or high wages, the consumer foots the bill.