When you invest in a shopping mall for sale, you open doors to great opportunities. A shopping mall can make you a lot of money. There are a lot of ways to make money from a shopping mall.
Rent
You can make money from fixed rent or gross turnover share. Fixed rent is any amount of money that you get from your tenants. Gross turnover share works for a retail professional developer who wants to invest in the value of the shopping mall and a heavy marketing plan to bring in traffic.
Rental from the outdoor area
An outdoor refreshment area is always available and you can lease these areas to tenants who would want to sell refreshments to customers coming in the shopping mall.
Rental from event space
There are different types of shopping malls you can get from a real estate platform and most of the shopping malls have a big space under the void. You could use this space as the event space for the mall to make some good for the community. This could also be used to improve sales for tenants. The event space is not necessarily required to be inside the mall but it can also be outside. As long as the size of the land is suitable for vendors, the rental event space should be more expensive on weekends than during weekdays.
Electricity and water payment
Mall operators charge utilities higher than the actual price. In most cases, it would be 30% higher than the price that the landlord signed. This is another way to make money from shopping malls.
Parking fee
One of the most important things to look for when buying a shopping mall for sale is the parking area. If you have a large parking area, you can charge a parking fee for customers and make some money.