Cicero, Illinois, a suburb of Chicago, offers a unique blend of history, culture, and commerce, making it an attractive location for Retail Space For Lease. With a population of around 90,000, Cicero provides a diverse customer base for businesses. The town's infrastructure, including transportation services provided by Metra's BNSF Line and the CTA Pink Line, as well as multiple Pace and CTA bus routes, ensures easy accessibility for customers and employees. Additionally, the presence of institutions like Morton College and MacNeal Hospital adds to the area's appeal. The town's history, which includes being a significant location for aviation in the early 1900s, as well as being a place where Al Capone sought refuge, adds to its charm. With new developments and a diverse population, Cicero is experiencing a revival in its commercial sector, making it an ideal location for Retail Space For Lease.
With 15 Retail Space For Lease available, Cicero offers a range of options for businesses. The average annual rent per square foot is $40 USD, with sizes ranging from 300 square feet to 13,788 square feet. In addition to Retail Space, Cicero also offers other property types, including Restaurants, which can benefit from the town's growing commercial sector, Medical Offices, which can tap into the demand for healthcare services, and Office Space, which can capitalize on the area's accessibility and amenities. Overall, Cicero's unique blend of history, culture, and commerce makes it an attractive location for businesses looking to establish a presence in the area.
What is the average cost per square foot for retail space in Cicero?
For those looking to lease retail space in Cicero, the average annual rent per square foot is $40 USD, with available listings totaling 15 and average space sizes ranging from 3,256 square feet to 13,788 square feet.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants in Cicero's retail spaces, such as large retail stores and mini-malls, can have a significant impact on surrounding retail space leases, as they draw in foot traffic and create a desirable location for smaller businesses, leading to increased demand and potentially higher lease rates, with 15 available listings, averaging $40 USD per square foot, and ranging in size from 3,256 square feet to 13,788 square feet.
