A freestanding site is a marketing term given to those businesses that are located in isolated areas, unconnected to other retailers. Although, separate from other restaurants and stores, they're still placed in some vicinity to incoming business activity, therefore people who are shopping nearby are seen as earning potential.
This Starbucks located in Itasca, IL is a perfect example of a freestanding site. It's not connected to any other buildings, it has it's own parking lot and it's easily accessible.
As attractive as this looks, there are downsides to this location. Firstly, since it's away from other stores, it won't be attracting customers who are trying to kill two birds with one stone. Secondly, they have higher occupancy costs because they don't have other retailers to share the common area maintenance costs, hence the bigger rent.
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