We all know prime locations and anchor stores are important. Even so there are additional benefits to investing and owning retail property.
With this type of lease, the tenant is responsible for taxes, building insurance, and maintenance, making it a simpler investment. In this scenario, rents are collected while large repairs are serviced.
Retail stores usually want to make many changes to their space, which involves a significant investment on their part and makes them less likely to change locations.
Since the Fluor corporation made the long anticipated announcement in May that it was leaving its Houston-area headquarters in Sugar Land, there was much speculation about what would become of the vast campus in the Lake Pointe area. That uncertainty