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May 4

Top 5 Reasons to Consider Leasing in a Grocery Anchored Shopping Center

Top 5 Reasons to Consider Leasing in a Grocery Anchored Shopping Center

  1. Foot Traffic: According to the Food Industry Association, grocery stores bring in over $700 Billion annually with median weekly sales per supermarket of $455,777.00. Grocery stores bring in thousands of customers a day and their customers are typically repeat customers who will come multiple times a month. This traffic and spending will give your space maximum and repeat visibility.
  2. Location, Location, Location: Grocery stores pick great locations, so you can trust that a grocery anchored shopping center will be a good location for your business. The grocery stores look at traffic counts, accessibility for vehicles and public transportation, ease of use for delivery trucks, and parking, all of which are very important factors for any business.
  3. Long Hours of Operation: Grocery stores are typically open from 6AM to 12AM, or even 24 hours, 365 days a week. Again, this gives your business maximum visibility and access to potential customers. In addition, the parking areas are well lit for the safety of customers and staff.
  4. Strong Brick & Mortar Presence: With e-commerce increasing in the retail sector, the data shows that people are still going to the grocery store versus ordering their groceries online. Not only do people prefer to pick out their own food, grocery trips are often done when last minute items are needed for a recipe and delivery is not possible. Grocery anchored strip centers offer the convenience of a one stop shop offering customers the convenience of having multiple needs met in one location.
  5. Essential: As we have seen with the COVID-19 pandemic, grocery stores are absolutely essential, people will always purchase food and will always visit the grocery store, leaving grocery anchored shopping centers seeing more customers than non-grocery anchored shopping centers.

    Are you looking for space in a grocery anchored shopping center? Here are some options in Fargo-Moorhead.

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