Burbank, California, is a hub for entertainment and media, making it an ideal location for Retail Space For Lease. With its proximity to major studios like Warner Bros. Entertainment and The Walt Disney Company, Burbank offers a unique opportunity for businesses to thrive in a city that is deeply rooted in the entertainment industry. The city's infrastructure, including the Hollywood Burbank Airport, major freeways, and public transit options, makes it easily accessible for both locals and tourists. Additionally, Burbank's strong economy, diverse range of companies, and high office lease rates create a fertile ground for businesses to grow. The city's amenities, such as Providence St. Joseph Medical Center and the Burbank Chandler Bike Path, also contribute to its appeal. With its rich history, cultural attractions, and entertainment industry presence, Burbank is a great place for business and travel, attracting visitors from around the world.
With 59 Retail Space For Lease available, Burbank offers a range of options for businesses looking to establish a presence in the city. The average annual rent per square foot is $49 USD, with spaces ranging from 132 square feet to 31,777 square feet. In addition to Retail Space, Burbank also offers a range of other property types, including Restaurants, Medical Offices, and Office Space. For example, Restaurants in Burbank can capitalize on the city's tourist traffic, while Medical Offices can tap into the city's strong healthcare infrastructure. Office Space in Burbank, meanwhile, can benefit from the city's high office lease rates and proximity to major studios and companies. Overall, Burbank's diverse range of property types and strong economy make it an attractive location for businesses of all kinds.
What is the average cost per square foot for retail space in Burbank?
In Burbank, the average annual rent per square foot for retail space is $49 USD, with available listings totaling 59 and average space sizes ranging from 3,456 square feet to a maximum of 31,777 square feet.
How do anchor tenants affect surrounding retail space leases?
In Burbank, California, anchor tenants, such as IKEA and major entertainment industry companies like Warner Bros. Entertainment and The Walt Disney Company, have a significant impact on surrounding retail space leases, as they draw in large crowds and create a high demand for nearby retail spaces, driving up lease rates and attracting other businesses to the area, with currently 59 available listings of retail space, averaging $49 USD per square foot, and ranging in size from 3,456 square feet to 31,777 square feet.
