Leasing Or Buying Retail Sites in Bedford: A Great Idea!

This dynamic city stands four miles northeast of the historic community of Concord, Massachusetts. It adjoins Burlington on the east. Today it offers retailers some significant advantages. Just consider a few reasons to establish a storefront in this location:

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Retail Space

First, the municipality's population has increased significantly during recent years. Today nearly 14,000 people reside here. Proximity to Burlington and Concord help expand the available number of potential customers even further.

Second, this town lies within a 16 mile radius of the thriving metropolis of Boston. Some companies depend upon frequent specialized merchandise shipments. Others rely heavily upon commuter traffic and convenience purchasing. Both types of retailers will discover advantages locating storefronts here.

Third, the community enjoys close proximity to both the Interstate 95 beltway and Route 3. The former partially encircles the Greater Boston Metropolitan Area, while the latter offers a direct route into urban centers. Numerous businesses which depend upon high traffic volumes will find locations along these transportation arteries appealing.

Some Neighborhoods Here

Road 225 links the town to I-95. Development today straddles both sides of this roadway (which bisects various portions of the community as "Carlisle Road", "North Road", "Great Road" and "Bedford Street"). Numerous retailers have sought sites along Road 225, both in the Town Center Neighborhood and in outlying locations offering roadway frontage. Bedford Street intersecting I-95 passes through very low-lying terrain, but furnishes some high-traffic volume commercial frontage.

Additionally, today many businesses have found retail sites along Road 62 (the road linking to Route 3) increasingly attractive. Locations here potentially offer an opportunity to draw upon Burlington's residents as customers, also. This expanding area of Middlesex County offers some exciting opportunities for retailers!

Leasing Bedford Retail Space

Businesses sometimes preferentially choose to lease space in rapidly developing locations. By entering into a rental agreement, a company may avoid some types of risks. Property owners, not tenants, remain responsible for repairing damage to realty caused by floods, tornados, and other natural disasters.

Additionally, by choosing to rent its premises, a retailer may conserve capital in order to open a number of different outlets. Rather than invest extensively in real property, a business may decide to diversify its risks and establish several retail branches throughout a marketing area. Taking this step may allow the firm to maximize sales while it evaluates the commercial potential of various sites. Unlike many merchants, retailers in brick-and-mortar locations typically depend heavily upon foot or auto traffic volumes in order to cultivate and develop their customer bases.

Purchasing Retail Property in This Community

In some cases, entrepreneurs discover important advantages in purchasing retail facilities. If the company anticipates future significant appreciation within the local area, for example, then it may obtain a potentially valuable company asset by buying realty. Commercial lease agreements today often include provisions for periodic renegotiation of rental rates. When property values appreciate steeply, companies located in rented storefronts often face significant rent hikes over the course of time. Owning realty helps many businesses avoid these types of potentially disruptive changes.

Owning a retail site offers yet another advantage. In some cases, a business may choose to accept tenants while developing its own customer base. The presence of compatible satellite businesses in the vicinity may help a retailer thrive in a new location. Additionally, obtaining a stream of regular rental payments helps offset expenses, ultimately assisting the company's finances.

Listing Retail Space For Lease or Sale

Sometimes property owners decide to sell commercial lots or buildings. For example, if a company purchased a large tract zoned for commercial use, it may decide to subdivide this real estate and sell off part of the land in order to fund its own development plans. In other cases, an existing business opts to sell a location in order to focus on other sites.

Whenever you contemplate placing realty on the sales market, consider contacting Boston City Properties. We supply a complete range of real estate services of interest to investors, property seekers and realty sellers. Our firm specializes in this unique, in-demand regional Greater Boston marketplace. We welcome the opportunity to discuss your unique business real estate goals with you. Reach us via the website contact form, or by calling us to speak with a company representative!

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Retail Space