Atlanta, Georgia, is a prime destination for businesses looking to establish a strong presence in the southeastern United States. With a diverse economy, Atlanta is a major transportation hub and industrial center, making it an ideal location for retail spaces. The city's rich history, dense urban tree coverage, and mix of traditional southern and modern architectural styles create a unique and attractive environment for businesses and residents alike. As a result, retail spaces for lease in Atlanta are in high demand, with 241 available listings offering a range of options for businesses of all sizes. With an average annual rent of $59 USD per square foot, and average space sizes ranging from 4,979 to 777,575 square feet, there are plenty of opportunities for businesses to find the perfect space to suit their needs.
Atlanta's retail spaces for lease offer a range of benefits, including access to a diverse and growing population of around 500,000 people, as well as a strong transportation infrastructure, with major roads like Interstate 75, Interstate 85, and Interstate 285, and Hartsfield-Jackson Atlanta International Airport providing connections to major cities worldwide. In addition to retail spaces, Atlanta is also home to a range of other property types, including restaurants, medical offices, and office spaces, each offering unique opportunities for businesses to establish a presence in the city. Restaurants, for example, can take advantage of Atlanta's thriving food scene, with a range of cuisines and dining options available throughout the city. Medical offices can benefit from the city's strong healthcare industry, with major hospitals like Emory Healthcare and Grady EMS providing top-notch medical services. Office spaces, meanwhile, can tap into Atlanta's growing tech industry, with companies like CNN, Turner Broadcasting System, and Cox Enterprises driving innovation and growth in the city.
What is the average cost per square foot for retail space in Atlanta?
The average cost per square foot for retail space in Atlanta is $59 USD per square foot, with an average size of 4,979 square feet and a maximum space size of 777,575 square feet available among the 241 listings currently on the market.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as large department stores or grocery stores, can have a significant impact on surrounding retail space leases in Atlanta, as they draw in foot traffic and create a hub of activity, making the surrounding retail spaces more attractive to potential tenants, which can drive up demand and rents, with the average annual rent per square foot for retail space in Atlanta currently at $59 USD and the average size of available retail spaces being 4,979 square feet, with some spaces as large as 777,575 square feet.
