Does it mean a concrete wipe has already be installed? Or does the P in PAD stand for Pennsylvania, as within some kind of state loan or tax-abatement assistance?
Answers: A wipe site typically is a location outside of a retail center that most of the time a restaurant or a bank is located. I provides better visibility and access to the location consequently being on the strip subsequent to the anchor tenant, typically a grocer. Pads most of the time are ground leases but a some special instances can be sold to the tenat.
You might be able to acquire your question answered at a Commercial Real Estate site at BuilderBrokerNetwork.com. It's a Commercial Real Estate Marketing site but you enjoy access to various Brokers and Builders. Good Luck. In commercial solid estate the "pad" is the piece of land usually contained by a shopping center designated to contruct a building on.
It means that here is space to build something. It is usually leased.
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Answers: A wipe site typically is a location outside of a retail center that most of the time a restaurant or a bank is located. I provides better visibility and access to the location consequently being on the strip subsequent to the anchor tenant, typically a grocer. Pads most of the time are ground leases but a some special instances can be sold to the tenat.
You might be able to acquire your question answered at a Commercial Real Estate site at BuilderBrokerNetwork.com. It's a Commercial Real Estate Marketing site but you enjoy access to various Brokers and Builders. Good Luck. In commercial solid estate the "pad" is the piece of land usually contained by a shopping center designated to contruct a building on.
It means that here is space to build something. It is usually leased.
Resolved Questions: