Coral Springs, a city located approximately 20 miles northwest of Fort Lauderdale in Broward County, is an ideal location for Retail Space For Lease. With its strict building codes, high livability, low crime rate, and family-friendly environment, Coral Springs has experienced rapid growth since the 1970s. The city features a mix of residential, commercial, and recreational areas, including numerous parks, a water park, and a skate park. Major infrastructure components in Coral Springs include Broward Health for healthcare services, the Biscayne Aquifer as the primary water source, and Waste Pro for trash or garbage collection. Additionally, the city's water supply is managed by the City of Coral Springs Water District, Coral Springs Improvement District, North Springs Improvement District, and Royal Utilities. Electric power service is provided by Florida Power & Light. Public transportation is facilitated by in-city buses provided by the local government and regional transportation by Broward County Transit. With its strong infrastructure and amenities, Coral Springs is a great place for business and travel, featuring attractions like the Coral Springs Museum of Art, the Sportsplex, and the Saveology Iceplex, where the Florida Panthers NHL team conducts much of their training.
Coral Springs offers a range of Retail Space For Lease options, with 40 listings available. The average annual rent per square foot is $29 USD, with sizes ranging from 925 square feet to 45,000 square feet. In addition to Retail Space, Coral Springs also offers other property types, including Restaurants, with their diverse dining options, Medical Offices, with their state-of-the-art facilities, and Office Space, with their modern amenities. The city's strong economy, driven by healthcare, education, and retail, makes it an attractive location for businesses. With its vibrant arts scene, recreational attractions, and notable neighborhoods like Coral Springs City Center, Heron Bay, and Wyndham Lakes, Coral Springs is a great place to invest in Retail Space For Lease.
What is the average cost per square foot for retail space in Coral Springs?
The average cost per square foot for retail space in Coral Springs is $29 USD per square foot, with an average size of 3,007 square feet and a maximum space size of 45,000 square feet among the 40 available listings.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as major department stores or grocery chains, can have a significant impact on surrounding retail space leases in Coral Springs, as they attract a high volume of foot traffic and can increase the desirability of nearby retail spaces, potentially driving up demand and rental rates, with the average annual rent per square foot currently at $29 USD and average space size at 3,007 square feet, and maximum space size at 45,000 square feet, among the 40 available listings of retail space for lease in the area.
