- In a Recession, Invest Where People Gather in the Commercial Real Estate Market
The commercial properties, a representative income-generating real estate investment destination, are gaining attention again due to the balloon effect in the housing market. However, polarization is occurring in the commercial property market as well. Unlike before, investors tend to focus only on so-called promising locations.
Recently emerging as key investment destinations for commercial properties are ▲ large complexes with stable hinterland demand ▲ commercial areas with high foot traffic ▲ areas near subway stations and universities. These types of properties remain popular.
In particular, when fixed demand is secured, investment stability is higher, which is advantageous for price formation and makes future capital gains worth considering. Additionally, since they are less affected by economic fluctuations, they are preferred by tenants and investors alike.
Therefore, the industry advises that securing abundant hinterland demand is one of the most important factors to check when investing in commercial properties, and buyers should focus on this when searching for investment locations.
An industry insider said, “It is no exaggeration to say that the success of commercial property investment lies in securing stable demand,” adding, “Therefore, rather than being swept up by trends, investors should carefully evaluate the size of the hinterland and the inflow of foot traffic when investing in commercial properties.”
Amid growing investor interest in commercial properties, the ‘Songnim Park Prugio’ commercial facility in Dong-gu, Incheon, is attracting attention with its supply announcement. The ‘Songnim Park Prugio Commercial Facility,’ developed by Incheon Urban Corporation, is located at 185 Songnim-dong, Dong-gu, Incheon, and will consist of 5,475.5㎡ of total floor area across the 1st and 2nd floors above ground.
It boasts the advantage of absorbing foot traffic from a large fixed hinterland of 2,562 households, proximity to Dongincheon Station (express stop) on Subway Line 1, and a main road location. Additionally, it is adjacent to Songhyeon Neighborhood Park and Jayu Park, making it favorable for attracting visitors who use these parks.
The commercial facility’s dedicated parking lot is designed with 62 spaces for 39 stores, minimizing inconvenience for visitors and enabling comfortable parking facility use.
Songnim Park Prugio commercial facility combines the advantages of direct hinterland demand from the complex and a main road-facing commercial location, making it suitable for various businesses such as convenience stores, beauty shops, snack bars, bakeries, restaurants, cafes, and academies.
Meanwhile, to participate in the commercial property bidding, applications are being accepted via the OnBid system until the 22nd. For inquiries related to sales, contact the Sales Business Division of Incheon Urban Corporation.
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