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How Do You Handle Vacant Big Box Suites? | Office Hours
Episode 341
Key Takeaways:
Commercial Real Estate Insights:
Big box retail spaces offer value-add opportunities
Most successful retail chains lease, not buy, their real estate
Demising large spaces requires careful analysis of walls, plumbing, HVAC, and layout
Investment Trends:
Current market is unpredictable
Leasing rates vary significantly
Some investors are aggressive, others are waiting on sidelines
Upcoming Opportunities:
30 Deals, 30 Days challenge (free commercial real estate education)
New educational platform for developers/investors launching soon
Mastermind event on raising capital in October
Practical Advice:
Don't get stuck on complex software
Focus on user-friendly tools that you'll actually use
When starting a business, lease first before buying real estate
Hold brokers accountable with weekly activity reports
Technology Tips:
Useful apps: Land Glide, ChatGPT, White Pages
AI can help quickly analyze real estate data
Always verify AI-generated information
Published on 3 weeks, 1 day ago