Definition, Meaning & Synonyms

retail-estate

Noun

/ˈriːteɪl ɪˈsteɪt/

Definition

Retail estate refers to properties that are primarily used for the operation of retail businesses.

Examples

The growth of online shopping has impacted the value of physical retail estates.
Investing in retail estate can provide significant income through leasing to shops and restaurants.
Urban areas often see a demand for retail estate due to higher foot traffic.

Meaning

Retail estate encompasses commercial real estate properties such as shopping centers, malls, and individual storefronts where goods and services are sold directly to consumers.