05-28-2020, 06:51 PM
(05-28-2020, 01:55 PM)Orion1876 Wrote:I do know of a bank that did something similar. It was a super duper small town and this small bank came and bought out the local bank which had 2 or 3 other branches in neighboring cities. They then built a brand new branch right across the street and tried to rent out the old branch for MANY years. The problem? This was a really nice brick building with a pretty sizable drive-thru, and they wouldn't rent it out to a bank. So it sat there for MANY years.(05-28-2020, 01:42 PM)delpha80 Wrote: it was a grocery store, the story is that the larger chain giant eagle paid the building rent for a long time to keep competition out. Idk if that's true though
If it is true there must be some serious competition to pay rent on a second location like that.
There is an old Albertson's in College Station that was vacant for quite a while and there were all types of rumors about it before it eventually was bought by Walmart which was next door. Walmart needed a bit more space when they were turning the store into a super Walmart. As crazy as it sounds they knocked out a back corner of the grocery store building to accommodate the construction on the Walmart.
As of last time I was in town it is now a trampoline place.