10 Dec 2024
The Radius+ Team has released our newest feature to the platform! Our Retail Filters!
As the famous Mike Burnam from StorageMart once said “If you can smell McDonalds and see Walmart it’s always going to be successful”.
With Chick-Fil-A having such a strict site selection process, one could argue that seeing their signature waffle fries could instill even more confidence in a location nearby a Chick-Fil-A and Walmart.
But what do retailers like Walmart and Chick-Fil-A have in common? They’re both multi-billion dollar companies that make sure that they only open locations in areas that can support their business.
They spend hundreds of thousands of dollars to analyze every facet of demographics and points like traffic counts, household size, visitation data and even commuting distances just to make sure that their new location will be profitable.
Key parts of their investment strategy are to look for areas showing strong population and job growth….. Two key metrics that are linked to Self Storage demand as well!
Using the Retail Filters on Radius+ can show you where all the Walmart's Apple Stores, Amazon Fulfillment Centers and Chick-Fil-A’s are in the country and help you locate your next Self Storage Investment!
