question about Pacific Mall
- Thread starter islandman4567
- Start date
They're all privately owned. Here's one:
http://www.icx.ca/PropertyDetails.aspx?PropertyID=7312472
$1900 for 155 sq ft plus 7k "non refundable lease improvement fee". Not cheap in other words.
http://www.icx.ca/PropertyDetails.aspx?PropertyID=7312472
$1900 for 155 sq ft plus 7k "non refundable lease improvement fee". Not cheap in other words.
wow, some of the places in there seem like they don't get any business and with overhead like that they must go belly up a lot.
one place just sold in there for over 1million $CAN. Small corner store in mall. Very expensive. Renting seems more attractive if you must.
I use to have a mens clothing store just south of Yonge and Bloor in the late 80s early 90s and i was paying 12 000 a month for 2000 sq ft.
pac mall vendors can afford to pay higher rent because thier margins are so high from importing everything from china. it may be expensive on a per sq ft basis but gross overall rent is smaller than traditional malls i think plus you get the same foot traffic.
goodtime
Travelaholic
blopar said:
But as wing nut thinks in the DVD thread: since they sell them in a STORE they must be legal.....
cash and carry is the big thing as they dont report it. gives room to haggle w them that way. yes sunglasses may still be expensive but how many people actually pay anyways. most of thier optical business is writing off sunglasses for health plans. they will write up fake prescription for you. wont find that often at non asian optical stores.
