I’m sure you’ve heard the news by now, but if you haven’t, Toys R Us is going out of business.
In fact, the company is scheduled to liquidate more than 700 of its locations by the end of June.
The thing is, the famous toy manufacturer’s downfall isn’t due to a failed economy or the industry itself going out of style.
Instead, the termination of this retail giant is directly correlated to consumers shifting their interest from traditional stores to the convenience of an online marketplace.
And this is just the beginning!
Momentum is building and the transition towards a future fueled by technology and online innovation is underway.
But Toys R Us isn’t the only company affected by this conversion.
Many other retailers have already made efforts to close their physical stores.
For example, Gap plans to close 200 department stores this year and the popular wholesale company, Sam’s Club, is on track to shut down 63 locations as well.
According to data compiled by Costar Group, 77 millionsquare feet of shopping outlets will be closing this year alone.
But what do you care?
You still have the option of shopping from the comfort of your home.
Why should the rising vacancy rates of retail centers spark your interest?
Because they can make you RICH!
The termination of these retail outlets have a direct effect on commercial real estate, which presents an excellent opportunity for potential investors, like yourself.
Assuming the trend of online shopping continues to catch on, the prices of retail stores will consequently be driven down until the owners can’t afford the mortgages and are forced to shut down.
This is where you come in.
As a potential real estate investor, you have the opportunity to build something more profitable.
Office buildings, restaurants, apartment complexes and hotels will most likely remain unaffected by the closing retail shops.
And the remaining real estate from these retail companies may prove to be a success if flipped for such businesses.
But there’s more.
Before committing to a specific region, retail companies strategically set up shop in highly populated areas in order to profit from the nearby communities.
Take advantage of this real estate!
The empty buildings left behind by these corporations gives investors the opportunity to repurpose the area and establish a new business that already has the upper hand of being located within a valuable area.
These big companies have basically already done the work for you.
There’s no arguing that retail stores are starting to become a thing of the past.
So why not purchase this property and use it to build your bank account?
There’s money to be made from retail real estate!