Many current retail bank buildings are simply too large for what’s needed to serve today’s customers. The changes in technology and customer preferences allow banks to reduce the standard retail bank footprint.
While selling a building that has more square footage than needed seems like the straight-forward option, it also comes with a negative consequence. You lose your location.
BENEFITS OF LEASING LOCATIONS
- Additional income with maintained building ownership
- Keep prime locations
- Ability to leverage drive-thru technology
- Efficiency through right-sizing the space
- Convenience to your customers
WANT MORE INFORMATION?
Find out about the questions you should ask before considering selling your over-sized locations.