A shopping center is a planned commercial structure which is developed, owned, and managed as a single property, which is generally two or three stories high and designed around a central atrium, which has several types of interconnected facilities and establishments including a collection of retail stores offering various types of commodities and products for sale, and which typically has an on-site parking lot. The size of a shopping center and its orientation is often determined by what kind of facilities and products the center offers, and may include an enclosed mall or a walkway. Some shopping centers also provide entertainment and recreation facilities in which case they may include movie theaters, restaurants, fast-food outlets etc. Shopping centers are usually located in areas which are easily accessible and central to the flow of pedestrian traffic, with a direct or nearby accessibility to the public transport system. The main advantage of buying from shopping centers is the price factor – at times one can avail up to 60% or 70% discount on the total sale, depending upon the type and nature of the sales offer underway. Moreover, one can find almost everything under one roof, and is not required to move from one location to another to complete the shopping list. You end up saving a lot of time and energy while shopping. It’s also easier to compare the prices of similar products offered by various companies and manufacturers.
Investors and individuals thinking in terms of shopping center property investment generally have specific requirements regarding the asset they plan to own. Shopping centers are fundamentally commercial ventures, and their location plays a very important part in determining the financial success of the contained shops and businesses. The size of the shopping center too is important since all the shops and selling outlets need to be properly accommodated with enough display room to exhibit the products offered for sale. Buying or owning a shopping center is not so easy, and can be an ordeal if one can’t find the exact type of location one is looking for.
PropertyCluster offers a unique RFI or “Request For Information” feature that helps the buyer in specifying the exact location desired, in addition to the size required in terms of the total built-up area. While buying a shopping center for sale at PropertyCluster, the buyer avails several advantages, the main benefit being he or she comes across only those advertisements which offer the shopping center in the precise location stated, as well as the size needed. One does not have to waste time and money inspecting other locations which don’t offer the required amenities, nor have to inspect the shopping center in person and subsequently realize it’s not exactly what one is looking for.
To advertise shopping center property listings, or to buy a shopping center that fulfills your commercial needs, it’s recommended you register with us for free by filling up our online application form. Your contact details will be kept confidential and not provided to anybody without your permission.
If you’re a seller, perhaps, one of the most profitable ways of selling your shopping center is to auction it, and obtain the best possible price in the shortest possible time. PropertyCluster supports shopping center property auctions, which prove to be very beneficial to the shopping center owners in advertising their assets to a large buyer market audience, and selling them to buyers who’re willing to pay a higher price depending upon the bidding process. The major advantage offered by PropertyCluster is the portal’s extensive online presence – you’re sure to find the right kind of buyer who’s ready to pay the kind of price you’re expecting. So register online and profit from a beneficial shopping center deal today!