According to Deloitte 2021 Commercial Real Estate Outlook, 61% of retail industry will decrease leasing demand of over 18 months rentals. Therefore, short-term rentals like PopUp stores have become a more and more popular physical retail choice. We have concluded pros of short-term rentals for both landlords and brands.
Colorama Popup store with xNomad | Photo: xNomad
- Speed up the Cash-on-Cash Return(COC). Popup store can stop the income stagnation and bring in more cash flow, which can be highly beneficial of COC
- Increase Net Operating Income(NOI). With our move-in-ready furniture package, landlords can cut down expenses and generate more NOI, which can bring higher property value.
- Pop up stores in the prime location can stimulate footfall and attract targeted consumer group.
Voi "Pimp my helmet" Popup event with us | Photo: xNomad
Test tool. If you don't have large reserves of capital to invest on a store location, PopUp model is the perfect way to test your business concept and market
Hedvig Popup store with xNomad
However, challenges still exist that landlords can't ensure the constant flow of matching brands, and brands normally don't have energy and time to search for vacant spaces.
An easy platform for CRE match and find is in urgent need. That's why xNomad is here for both landlords and brands. Now you only need to upload your spaces and requests, xNomad can do the rest.