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Does the price of retail space fluctuate seasonally?

I'm going to be opening a retail space in/ near Long Beach Ca.

My business is not likely to have a huge change in sales due to Christmas.

So, if it's not critical to be open by Christmas, can I wait till after Christmas to sign a lease and expect to get a cheaper rate per month? My thought is that more people are trying to start retail businesses before Christmas, placing a demand on space. Then after Christmas there will be more businesses shutting down due to the drop off in sales. So I thought there might be a glut of space available in January driving the average price per foot down.

Is this reasonable, or is the reality different?

2 Answers

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  • 1 decade ago
    Favorite Answer

    Unfortunately the price of the building will not fluctuate due to christmas. It is solely based on what similar properties in your area are going for. Business owners who may be trying to get into space before christmas with hopes to create enough revenue to support their investment are going to be very dissapointed because it takes time, hard work, and branding in order to bring in more customers and increase profit.

    Source(s): I am a marketing manager and my husband is a commercial broker in California... he says no changes!!
  • Anonymous
    1 decade ago

    i don't know

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