How do you find the best large format retail leases? Whether you are looking for a showroom or a large format site in a shopping centre or retail precinct: there are crucial steps businesses should follow in order to run an effective search process to find a large format retail site fast in Australia.
1. Establish your lease requirements
Define what your business need from a property in terms of location, zoning, usage, features, rent and lease term.
2. Develop a real estate brief
A good brief expedites the search process and makes sure you receive property submissions that are tailored to your requirements.
3. Issue the brief to market
Being able to leverage beneficial, long-term relationships with agents, access lease property data and off-market opportunities is a massive advantage.
4. Compile a long-list
Compile a longer list of suitable properties, including off-market opportunities.
5. Decide the short-list
Review and select three to five of the most suitable properties.
6. Conduct inspections
Go out to sites and make inspections of short-listed properties.
7. Create competitive tension
Manage relationships with property stakeholders including agents and landlords to optimise your negotiating position.
8. Enter into lease negotiations for the properties you want
Whether you’re looking for a pure large format retail showroom or mixed-use site for lease or purchae - Tenant Leasing Group can help with site search.
We have 50 years' experience finding the best showrooms and large format retail sites in Australia.
Get in touch.