Cary, North Carolina, is a thriving town that offers a unique blend of history, education, and innovation, making it an ideal location for businesses, including retail spaces. With a strong presence of technology companies, a highly educated population, and a growing economy, Cary is an attractive destination for entrepreneurs and investors alike. The town's infrastructure is well-developed, with easy access to major transportation facilities, including the Raleigh-Durham International Airport and the Cary Station, which provides intercity rail services. Additionally, Cary is home to several major corporations, such as SAS Institute Inc. and Epic Games, which contribute to the town's economic growth and development. With a vibrant arts and culture scene, numerous parks, and a variety of amenities, Cary is an excellent place to live, work, and do business, making it an ideal location for retail spaces for lease.
With 26 retail spaces for lease available, Cary offers a range of options for businesses looking to establish a presence in the area. The average annual rent per square foot is $31 USD, with sizes ranging from 300 square feet to 19,600 square feet. In addition to retail spaces, Cary also offers a variety of other property types, including restaurants, medical offices, and office spaces. Restaurants in Cary can take advantage of the town's growing population and vibrant downtown area, while medical offices can benefit from the presence of WakeMed Cary Hospital. Office spaces in Cary can tap into the town's strong technology sector, with many major companies already established in the area. Overall, Cary is an excellent location for businesses looking to establish a presence in the Raleigh-Durham metropolitan area.
What is the average cost per square foot for retail space in Cary?
The average cost per square foot for retail space in Cary is $31 USD per square foot, with available listings totaling 26 and average space sizes ranging from 3,243 square feet to 19,600 square feet.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as grocery stores or department stores, can positively impact surrounding retail space leases in Cary by increasing foot traffic, attracting a steady customer base, and creating a desirable shopping environment, which can lead to higher demand and rents for nearby retail spaces, with 26 available listings, averaging $31 USD per square foot, and ranging in size from 3,243 square feet to 19,600 square feet.
