Commercial Real Estate | Tomarchio Enterprises

New Year’s Resolutions for Your Retail Store in 2020

With the new year right around the corner, it's time to start thinking about ways to improve your retail store's reputation and grow your business. Here are some things to consider doing for your retail store in 2020. Rearrange Your Store Has your store had the same layout ever since its grand opening? It's time to consider switching things up. There are numerous floor plans that you can use to arrange your merchandise and both pleasantly surprise your customers and increase sales. Something that you need to consider when deciding on a new floor plan [...]

3 Signs It’s Time to Move Your Retail Store

There's a lot that goes into running a retail business, and it can be difficult to keep on top of everything. If you've noticed a downturn in business, then you may be thinking about moving. Here at Tomarchio Enterprises, we've been providing our commercial retail real estate services to Maryland for years, and we wanted to take some time today to talk about a few signs it's time to move your retail store. Sign #1: Decreases in Foot Traffic Any successful company knows the minimum amount of sales they need to make, and the minimum [...]

Are There Special Considerations for a Commercial Lease?

When you're looking for a commercial space, you surely already have a lot to think about. You want to find a place where your business can truly grow and thrive, and you want to feel comfortable with the lease terms so that you can settle in comfortably to your new location. Let's take a look at the most important things to consider when leasing a commercial property. Length of the Lease Your lease terms will establish the length of time you are legally allowed to occupy the commercial property. While residential properties have lease terms [...]

Considerations for Leasing Office Space

When you're looking for your next office space, there are a lot of things that you need to consider. This is going to be a big decision, and you want to get it right. After all, you don't want to have to seek out another office space to lease in a couple of months. Here at Tomarchio Enterprises, we've been assisting the good folks of Seaford, DE with office leasing for a while now, and we've learned a good bit. We wanted to take some time today to talk about some of the different things [...]

What Makes a Strong Anchor Store?

Every good shopping mall or strip mall has a great anchor store. The ones that don't have one tend to not last for too long, and that's why it is crucial to have one. An anchor store is a major store, usually a large retail chain or grocery store, that serves its mall by driving customers to the smaller stores. When looking to lease a commercial real estate space, the first thing you should look to is the anchor store, but what makes a good anchor store? What Kind of Traffic Does the Store Bring [...]

3 Reasons to Lease a Retail Space

When it comes to finding a retail space for your business, you have the option to either buy or lease real estate. Many business owners love the idea of owning their business location outright, but there are more benefits to leasing than you may realize. Here are a few of the best reasons to lease a retail space for your business. Reason #1: It's Less Expensive Buying a retail space requires much more from you than leasing. Most business owners must take out a loan and finance their purchased property, and typical SBA loans require [...]

Common Questions About Commercial Real Estate

Whether you're in the process of purchasing a commercial property or are considering acquiring a physical location for your business, there are a few things you should be aware of. Here's how to ensure you're best prepared for the business adventure that awaits. Q: How much space do I need for my business’s commercial property? A: The general rule for commercial real estate space is leasing about 250 square feet per employee. However, the type of business you conduct and the services you offer greatly contribute to this number. If your business requires a waiting [...]

What is a Turnkey Commercial Property?

Commercial properties are bought and sold in various conditions. Rehab properties are those that require renovations and things like additional electrical wiring, paint, carpets, and fixtures after they are purchased. These properties are convenient for those who want to customize the space to fit their needs. However, there are other commercial properties that are already in liveable condition and move-in ready for lessees who require immediate tenancy and don’t have the time to worry about repairs and superficial decor. These properties are classified as “turnkey”, meaning buyers can simply ‘turn the key’ and open the [...]

Is Your Retail Space Serving Your Business Needs?

As a retail business owner, you probably already know that your business’ success relies heavily on the retail space itself. Geographical location and building features play a big role in drawing customers to your shop, so it’s important to assess both current and potential retail spaces to ensure your primary location suits your business needs best. Here are a few things retail stores need in order to thrive and grow. A Great Location If your retail business has a lot to offer your community but the community your shop is located in is small or [...]

4 Reasons to Love Finksburg, MD

When searching for a place to open your commercial business, you surely have much to consider. How do you choose the perfect location? Finksburg, Maryland is a fantastic choice for business owners to set up shop and provide their services to a welcoming community. Here are a few reasons why Finksburg is so great for local business! Reason #1 - It’s Has an Ideal Geographical Location in Maryland Finksburg doesn’t cover a huge geographical area and is not a bustling city, which means it is not overcrowded with traffic and people. However, it is situated [...]