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Hancock leases offer other retailers new growth prospects


With rental rates rising, expansion minded retailers have a unique opportunity to satisfy their growth aspirations by capitalizing on below market rates available at nearly 200 former Hancock Fabric locations.

Hancock Fabrics filed for bankruptcy earlier this year and recently the process for selling the retailer's remaining 185 leases to generate value was launched by New York-based RCS Real Estate Advisors. The available properties range in size from 8,000 sq. ft. to 30,000 sq. ft. However, many are in the 15,000-sq.-ft. to 20,000-sq.-ft. range which makes the leases suitable for a wide range of retailers.

To view the available properties click here.

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