Market Snapshot
Short-term big store leases
October is spooky season and what is spookier than a vacant retail box?
For decades seasonal retailers have made vacant retail stores their temporary home for the holiday season, most notably, the Halloween season. Due to the brief duration of the season, Halloween stores have capitalized on hard-to-lease vacant boxes with short-term leases.
As one of the most widespread and recognizable brands, Spirit Halloween has mastered this concept and identified specific site criteria for their stores. They realize that finding leases for short-term vacant boxes may be difficult, so they tend to be more flexible on the space itself, focusing more on location and demographics.
What they're looking for
