Which of the following is NOT a type of industrial property?

In the context of property types, industrial properties are defined typically as those that are used for manufacturing, production, distribution, or storage purposes. A warehouse, custom-built manufacturing plants, and industrial special use properties all fall into the category of industrial real estate.

A warehouse serves as a storage space for goods before they are distributed. Custom-built manufacturing plants are designed specifically for the production of goods, emphasizing their role in the industrial sector. Industrial special use properties include facilities that are tailored for particular industrial activities, such as research and development or heavy manufacturing.

On the other hand, a retail outlet is primarily focused on selling products directly to consumers. It is categorized under commercial properties rather than industrial properties, which distinguishes it from the other options that are directly related to industrial use. Thus, the identification of the retail outlet as not belonging to the industrial property category is accurate.