Free standing location?
A retail outlet on a street, as opposed to the one in a mall or shopping centre. It could be beside a highway or tucked away in a neighbourhood location or right off any busy location. Any stand-alone building could be this type of retail location. There are generally no restrictions on how a retailer should operate his business. It will probably have ample parking and the cost per square foot will be reasonable. The price for all that freedom may be traffic.Unlike the other retail locations where customers may wander in because they were shopping nearby, the retailer of a freestanding location has to work at marketing to get the customer inside.Some features of such a location are:- Does not have high footfall rate.
- May not be a commercial retail area at all.
- Low real-estate rentals.
- May have large parking area
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