The Big Lot store in my area closed at least ten years ago. It was replaced by a Salvation Army store, but IT closed about two years ago. I’m told the owners of the property increased the rent beyond the Salvation Army’s ability to pay. The store remains vacant.
Property taxes, insurance, interest. Maybe the government will make it into refugee housing.
It mystifies me as to why a landlord would prefer a vacant property to one which pays at least SOME rent. It would make more sense to first secure a higher paying tenant.