In the time of globalization, shopping is not only a necessity but also an exclusive experience when it comes to shopping destinations. While planning such a destination, infrastructure and facilities play an integral and important role to drive the traffic and dig the catchment area. With increasing commercialization and high real estate prices, it becomes notably important to justify the space with the right positioning in the market. Due to an immense hike in real estate, all the retail brands are shifting to different modes of operations to run their business models, one of them being retail space for lease.
Taking retail space for lease is one of the most popular ways to run a brick-and-mortar model of business having all the elements of a physical shopping experience. It is very elementary that the destination wherein a customer is reaching should be justifying the time and effort. Having a plethora of options to shop from provides customers with the upper hand to choose a destination to shop from. All the retail brands present in the Indian market – be it Indian brands or International brands – are aware of the potential of the demography as well as geography of the catchment area and with smart choices of commercial retail space for rent makes the strategy of driving higher traffic viable.
After Bangalore & Mumbai have the highest capita per income respectively, Gurugram is the third potential market for all the retail brands across categories, hence the retail space is skyrocketing considering the market exposure and revenue opportunities.
One such popular commercial retail space for rent is Reach 3 Roads that houses all you need for entertainment and fun. 3 Roads offers the complete package of shopping, entertainment, and dining experience with its huge space spread over approx. 2.5 acres and located across the junction of three roads providing the maximum traffic, based on a low maintenance model. It is an outstanding mix of product, price, and place in terms of retail shops, showrooms, restaurants, and entertainment zones. Having a commercial retail space for rent to expand your business and to grow, 3 ROADS is an apt location to grow exponentially. It has a huge residential catchment area in Sector 69, 70, 70A, 71, and 72, and proximity to high-density to the high-density residential catchment in Sector 68 (with approx. one lakh families) and a burgeoning IT hub on Sohna Road. Having close proximity to Sohna Road, Golf Course Ext. Road and Southern Periphery Road Road (SPR) that directly connect to NH-8 gives another dynamic opportunity to drive a dynamic pool of traffic that is highly potential to get converted. Multiple entries and high-quality outdoor sun shades, canopies & attractive misting systems for a pleasant open-air shopping experience.
Following are a few elements that are essential to make shopping centers more convenient and adaptable:
- Safe Shopping Experience: Since the onset of COVID-19, customers’ center of focus has shifted to health more than ever. Hence, checking all the points of safety and security is of utmost priority to cater to and to capture the highest traffic and conversion.
- Parking & Valet Service: Having a gradually increasing per capita income leads to having high disposable income at hand makes consumers buy more vehicles. While commuting to such destinations, customers seek suitable parking and valet services for their vehicles to be parked to make their shopping worry less.
- Fun & Food Zone: After an invigorating shopping session, one can get easily exhausted. Having everything under one roof encourages customers or potential prospects to visit the place again and again as it provides a one-stop solution to everyone in the family or for friends.