Boise, Idaho, is a prime location for retail space, offering a unique blend of small businesses, high-rise buildings, shops, and restaurants in its vibrant downtown area. With a population of around 220,000, Boise provides an ideal setting for retailers to thrive, thanks to its strong economy, excellent infrastructure, and high quality of life. The city is home to several major employers, including Micron Technology, St. Luke's Health System, and Albertsons Companies, which contribute to a strong and diverse economy. Additionally, Boise is a popular tourist destination, attracting visitors to its many attractions, such as Zoo Boise, the Bogus Basin ski area, and the Idaho State Capitol. With 56 retail spaces for lease, Boise offers a wide range of opportunities for businesses to establish themselves in this thriving city.
Boise's retail spaces for lease offer a unique opportunity to tap into the city's thriving economy and growing population. With an average annual rent of $29 USD per square foot, and spaces ranging from 101 to 45,000 square feet, there's something for every business. Nearby, you'll find restaurants, medical offices, and office spaces, making it an ideal location for businesses looking to establish themselves in a bustling area. Restaurants, such as those in the popular 8th Street Marketplace, offer a unique dining experience, while medical offices, like St. Luke's Health System, provide top-notch healthcare services. Office spaces, including those in the Boise Plaza building, offer a professional and convenient location for businesses. With so many opportunities available, Boise is an ideal location for businesses looking to establish themselves in a thriving city.
What is the average cost per square foot for retail space in Boise?
As of now, the average annual rent per square foot for retail space in Boise is $29 USD, with available listings totaling 56, and average space sizes ranging from 4,851 square feet to 45,000 square feet.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as major department stores or grocery chains, can significantly impact surrounding retail space leases in Boise by increasing foot traffic, driving sales, and attracting other businesses to the area, ultimately leading to higher demand and potentially higher lease rates for nearby retail spaces, with 56 available listings currently on the market, offering average annual rent per square foot of $29 USD and average space sizes of 4,851 square feet, up to a maximum of 45,000 square feet.
