That’s the best of both worlds, right, retail space nearby apartments for rent? What more could a businessperson ask for in today’s real estate world? Let’s get into this for a moment because this is important for anyone running a small business.
A sign that says “apartments for rent” in any decent residential area is not going to be up for long. In case you haven’t noticed, there is a dire shortage of affordable apartment units in most major cities. If you see an “apartments for rent” sign you can bet that sign will be taken down shortly. Demand far outweighs supply in today’s world, and any apartments for rent will be snatched up.
And that’s good news for the business owner, right? Retail businesses are only as healthy as the economy they are in, so snatched-up apartments means more people and that means more business for the retail business.
Everybody is happy. The local apartment-dwellers shop locally and the community thrives, and a thriving community attracts more apartment dwellers and more retail business, and it all adds up to economic growth and health.
If you are looking for retail space for your small business, commercial real estate for rent, the previously mention scenario is the kind of economic situation you should be looking for. If you are an insurance agent, a dry cleaner, a repair shop, pawnbroker, convenience store owner, or accountant, you want to be in a healthy neighborhood which oozes confidence and functions in a healthy environment.
Let’s take a look at one area in the United States where this type of interdependency is playing out in 2017.
North Texas is the fourth-largest Metro area in the United States according to the NTCOG, with a population of approximately seven million and an annual population growth rate of nearly two percent. Census Bureau figures show that DFW added 145,000 new people in 2014, and current figures show similar growth. DFW, in fact, is one of four areas of Texas that collectively have added more new people than any other state in the United States. Let that fact sink in for a moment, and then ask yourself if, as a businessperson, North Texas has certain attractions for your business? Of course it does!
Located in that general area is the Alliance commercial real estate expanse, an area teeming with new business, new residential construction, and new opportunities; new apartments are sprouting up and, because it is such a popular area, and because apartments are always sought after, those apartments are rented quickly. That, in turn, means new businesses opening. A new IKEA will soon be built in the Alliance area, as will the new Tanger Outlet Mall, and all of this means success for small businesses.
In other words, the Alliance commercial area in Fort Worth is a happening place, and that means continued growth and prosperity for all concerned, and we know of some unique Fort Worth industrial property for rent.
And if you are a businessperson looking to relocate, one of the first places you should look at is Box Office Warehouse Suites, right in the middle of the Alliance area, surrounded by growth and teeming with vitality. Looking for an Alliance shop for rent? For more information call (817) 903-9438.