Centennial, a thriving city in Arapahoe County, Colorado, is an ideal location for Retail Space For Lease, offering a unique blend of business and entertainment opportunities. With a population of over 100,000 residents, Centennial boasts a diverse ecosystem, featuring hills, gullies, and recreational trails, making it an attractive destination for businesses and individuals alike. The city's economy is supported by companies like National CineMedia and United Launch Alliance, and it is home to the headquarters of the National Cattlemen's Beef Association and Arrow Electronics. Additionally, Centennial is known for being the location of the first IKEA store in Colorado, further solidifying its reputation as a hub for commerce and innovation. The city's infrastructure, including Centennial Airport and various major roads, provides easy access to surrounding areas, making it an ideal location for Retail Space For Lease.
Centennial's Retail Space For Lease market offers a range of opportunities, with 57 listings available. The average annual rent per square foot is $25 USD, with a minimum of $1 USD and a maximum of $40 USD. The average size of Retail Space For Lease in Centennial is 4,799 square feet, with a minimum of 524 square feet and a maximum of 50,000 square feet. In addition to Retail Space, Centennial also offers a range of other property types, including Restaurants, Medical Offices, and Office Space, each with its own unique characteristics and opportunities. For example, Restaurants in Centennial benefit from the city's growing arts scene, with various annual events and institutions, while Medical Offices are supported by the city's strong healthcare infrastructure. Office Space in Centennial, meanwhile, is ideal for businesses looking to take advantage of the city's central location and easy access to surrounding areas. Overall, Centennial's diverse range of property types and opportunities make it an attractive destination for businesses and investors alike.
What is the average cost per square foot for retail space in Centennial?
In Centennial, the average annual rent per square foot for retail space is $25 USD.
How do anchor tenants affect surrounding retail space leases?
In Centennial, where there are currently 57 retail space listings available, anchor tenants play a significant role in shaping the surrounding retail landscape, as they attract a high volume of foot traffic and help to establish a retail corridor, which can increase demand and drive up lease rates for nearby retail spaces, with average annual rent per square foot at $25 USD and average space size at 4,799 square feet, with a maximum space size of 50,000 square feet.
