Retail Void Analysis
Your shopping center, strip mall, standalone retail, or restaurant building needs thriving businesses and successful business owners.
“OpenDoorData’s ideal tenant recommendation report allowed me to quickly secure the right tenant for a hard-to-fill vacancy in my client’s retail building.”
Creating that environment requires a deep understanding of what type of services and retail operations are in demand in your location. That’s where Retail Void Analysis comes in.
How It Works
We utilize dozens of “like areas” to identify voids or gaps in the retail landscape of the location you are considering, pinpointing exactly which industry niches are under-represented in your area.
Unlike other firms that provide retail void analysis, there’s no software to subscribe to or tools to learn. We do the number crunching for you and provide you with a comprehensive report so you can do what you do best.
What You Get From OpenDoorData’s Retail Void Analysis
Pinpoint the best tenants
Knowing which type of business has the best opportunity for success will help ensure your own financial security. You can recruit new tenants, confident that they will contribute to an environment primed for their services or products.
Empty stores not only cost you money in unpaid rent, they also don’t offer any value for neighboring businesses. A bustling retail environment brimming with diversity will ensure your commercial property stays rented and profitable.
Support Existing Businesses
By identifying gaps in the retail environment you can support your existing tenants safeguarding their financial success – and yours.