This is an assessment of the different in demand and supply spaces for a certain class of commercial property within a specific area. Gaps are conveyed as the number of square footage required minus the number of available square footage in a particular period. Should the demand exceed the supply, the stated gap should be positive, indicating that potential chances are obtainable for successful real estate transactions.
GAP Analysis
This is an assessment of the different in demand and supply spaces for a certain class of commercial property within a specific area. Gaps are conveyed as the number of square footage required minus the number of available square footage in a particular period. Should the demand exceed the supply, the stated gap should be positive, indicating that potential chances are obtainable for successful real estate transactions.
