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Research - MARCH 25, 2021

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REIT says net-lease retailers superior to omni-channel

by Andrea Zander

Free-standing, net-lease retailers are best positioned to capitalize in an omni-channel retail world, according to Agree Realty Corp.

With control of their entire premises, these retailers (such as Costco, Walmart, Target, Home Depot, Starbucks and McDonald’s) can provide the full suite of omni-channel capabilities.

This includes same-day delivery, buy online pick-up in store (BOPIS), pickup lanes, micro-fulfilment, and other modes of distribution.

Net-lease real estate provides retailers with full control of their respective parcel, enabling them to evolve their strategy as consumers continue to change their preferences. Case in point: Walmart’s addition of online pickup lanes located in their parking lots, which has served to expedite purchasing times

A free-standing format permits a retailer full use of their parking lot, which provides additional access points, enhanced customer convenience and better control of the overall consumer experience. Se

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