Carl B. Alaniz (805) 371-8787    Carl@CarlAlaniz.com
Retail

Whether you are Buying or Selling, our consultations and services are focused on providing the details needed to make timely, cost effective informed decisions. The following are some of the preliminary considerations regarding Retail property that will be discussed:

  • Investment or Owner/User
  • Location – Signage, Street frontage, Visibility
  • Structure – freestanding, storefronts, strip centers, multi-use, big-box, regional malls
  • Demographics - trends and growth projections
  • Valuation – Includes the status of active leases and the level of improvements, strength of the tenants and amenities in comparable properties.
  • Competing Uses – Similar businesses within a geographical area or adjacent to the subject property
  • Lease Parameters – Modified Gross vs. Triple Net
  • Age of Structure – Functional or Technological Obsolescence
  • Condition of Equipment – HVAC, Elevators, Electrical systems
  • Shipping & Receiving Requirements – Ground level or dock-high doors
  • ADA requirements – building access and restrooms
  • Environmental issues – asbestos, mold, radon…
  • Tenants – strengths and weaknesses / credit and noncredit
  • Zoning Issues - Conditional Use Permits (CUP)
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