What is a pad site?

A pad site is a commercial property that is typically a standalone building or a small strip of land that is used for specific purposes, such as retail or office space. Pad sites are usually located in shopping centers or business parks and are designed to accommodate a single business, rather than a large complex with multiple tenants.

Pad sites are often custom-built to suit the needs of the specific business that will occupy them. They are usually highly visible and easily accessible, with ample parking and signage to attract customers. Pad sites may also be used for restaurants, banks, pharmacies, or other service-based businesses that require a standalone location.

Overall, pad sites provide businesses with a unique opportunity to have their own space and stand out from the competition in a retail or commercial environment.