Final answer:
A kiosk in an indoor mall would most likely have the lowest real estate costs for a physical business location.
Step-by-step explanation:
The business with the lowest real estate costs for a physical location would be a kiosk in an indoor mall.
This is because indoor malls often offer smaller, more affordable spaces for businesses like kiosks. These spaces are typically rented on a short-term basis and require less square footage, resulting in lower real estate costs compared to other options.
In contrast, a bulk item wholesale store or a headquarters for an export company would require larger spaces and might need to be located in industrial or commercial areas, which tend to have higher real estate costs.
Learn more about Real estate costs for physical business locations