Location, Location, Location
The red light intersection, where most retailers typically find the most valuable properties along a national retail corridor.
Hard Corner
Percentage of retail sales conducted online
15%
LOI
Letter of Intent
How many jobs does a typical QSR bring to a community?
30
The retail space that is located at the end of a row of stores or at the end of a shopping center. This space often has a drive-thru.
End Cap
The acronym BOPIS means
Buy Online Pick-up In Store
GLA
Gross Leasable Area
What percentage of retail is categorized as Small Business?
98%
This property requires some improvements to provide attractive returns, but operators who acquire these properties see their potential.
Value Add Center
In their current state, they may be a bit run-down, or poorly managed. But operators who acquire these properties see their potential. With a few upgrades, operators are able to attract higher-quality tenants, charge more rent, and increase their property’s net operating income (NOI).
The seamless integration of brick and mortar and online sales
Omni-channeling
Build to Suit (BTS)
A commercial building specifically constructed to meet the design and physical specifications of one particular user.
What is the highest volume QSR in the US?
Chick-Fil-A $9.3M
Raising Canes: $5.4m
Shake Shack: $3.8m
Whataburger: $3.7m
McDonalds: $3.6m
Culvers: $3.3m
Panera: $3.2m
Chipotle: $2.8m
Krispy Kreme: $2.8m
Zaxby's: $2.6m
Panda Express: $2.3m
This type of property is known for its upscale retailers and higher end restaurants.
Lifestyle Centers
In cities- High Streets
Percentage of Gen Z that visits a businesses social media page before visiting business
64%
NNN
Triple Net Lease
General manager of a Bucee's salary
Average $225,000
This type of commercial real estate consists of multiple CRE types included in the same property.
Mixed Use, Live/Work or Flex
Social media platform that has the most influence on shopping habits
In a survey of millennial consumers in the U.S., around 31% of women said Instagram had the most influence on their shopping habits, compared to 25% of the men surveyed
PRS
Pro Rata Share
The measurement of losses calculated by a retailer during a specific period of time, categorized across various means of retail loss.
Shrink or Shrinkage