Billings, Montana, a city with a strong economy and a population of around 110,000, is an ideal location for Retail Space For Lease. With its strategic position as a trade and distribution hub for eastern Montana, Billings attracts a large number of visitors and residents, making it an attractive spot for retailers. The city's infrastructure, including the Skypoint structure, the MET Transit Center, and the Yellowstone River bridge, ensures easy access and connectivity. Additionally, Billings is home to several major corporations, such as GE, Wells Fargo, and First Interstate Bank, which contribute to the city's economic growth. The city's attractions, including ZooMontana, Yellowstone Art Museum, and its proximity to landmarks like Pompey's Pillar and Little Bighorn Battlefield, make it a great place for business and travel.
With 5 Retail Space For Lease available, Billings offers a range of options for businesses looking to establish a presence in the city. The average annual rent per square foot is $12 USD, with sizes ranging from 629 square feet to 9,304 square feet. In addition to Retail Space, Billings also offers Restaurants, Medical Offices, and Office Space For Lease, each with its own unique characteristics and advantages. For example, Restaurants For Lease in Billings can benefit from the city's growing food scene, while Medical Offices For Lease can take advantage of the city's major hospitals, such as the James F. Battin Federal Courthouse. Office Space For Lease in Billings can leverage the city's strong economy and business-friendly environment. Overall, Billings provides a diverse range of options for businesses looking to establish a presence in the city.
What is the average cost per square foot for retail space in Billings?
The average cost per square foot for retail space in Billings is $12 USD per square foot, with 5 available listings ranging in size from 4,500 square feet to 9,304 square feet.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as large department stores or grocery stores, can significantly impact surrounding retail space leases in Billings, Montana, as they attract a high volume of foot traffic, increasing visibility and desirability for nearby retailers, and often lead to higher lease rates, with the average annual rent per square foot being $12 USD and average space size being 4,500 square feet, with a maximum space size of 9,304 square feet available among the 5 listings.
