MIXED USE NICHE CAPABILITY
Overcoming Zoning Barriers
Overcoming Zoning Barriers
Overcoming Zoning Barriers
Many municipalities that cherish the downtown master plan areas have past zoning ordinances requiring mixed use integration. Examples are Charlotte, North Carolina and Nashville, Tennessee.
Staying True to Storage
Overcoming Zoning Barriers
Overcoming Zoning Barriers
The retail or office integration does not change the overall business plan. It is simply an amenity that affords LEITBOX the opportunity to secure high barrier to entry locations.
Secondary Income Source
Overcoming Zoning Barriers
Secondary Income Source
The retail lease income is approximately the same amount as 15% of the storage income, and the retail pays 100% of its contractual rent day one; there is no absorption period.
Lowering Risk
Passive Use Complement
Secondary Income Source
Leitbox uses its 25 year history of lease evaluation analysis for any retail tenant. The retail tenant must have credit worthiness and complement the storage use.
Excess Parking
Passive Use Complement
Passive Use Complement
For most retailers, an important factor in site selection is convenience and efficiency of parking. Fortunately, in self storage, the facility requires virtually none. Mixed use allows the parking field to be 100% dedicated to the Retail Anchor
Passive Use Complement
Passive Use Complement
Passive Use Complement
For a municipality desiring to maximize tax revenues, mixed use integration into storage allows verticality and land density, while not overloading the parking. Unlike apartments, no parking deck needed !