Retail

Retail describes the business of selling merchandise directly to end customers, typically in smaller units compared to wholesale distribution. In real estate terms, retail encompasses shop spaces, shopping malls, high streets, and specialty retail locations where merchants display and sell their products to the public.

For real estate professionals, retail properties require specific conditions: visibility, foot traffic, parking, and suitable store formats. Retail demand is highly sensitive to consumer trends, e-commerce competition, and location accessibility. Successful retail locations often command premium rental rates and valuations.