Downey, California, a city with a rich history dating back to the 18th century, offers a unique blend of historical significance, modern amenities, and economic opportunities, making it an ideal location for Retail Space For Lease. With its strategic location in Southeast Los Angeles County, Downey provides easy access to major transportation facilities, including I-105, I-5, I-605, and I-710 freeways, as well as the Metro C Line with the Lakewood Boulevard station. The city's diverse economy, driven by aerospace and manufacturing industries, is supported by major employers like North American Rockwell and Rockwell International, which have contributed significantly to the Apollo Space Program and the Space Shuttle. Additionally, Downey is home to various landmarks, including the Columbia Memorial Space Center and Rancho Los Amigos National Rehabilitation Center, making it an attractive location for businesses and residents alike.
With 40 Retail Space For Lease available, Downey offers a range of options for businesses looking to establish a presence in the area. The average annual rent per square foot is $34 USD, with spaces ranging from 500 to 88,000 square feet. In addition to Retail Space, Downey also offers a variety of other property types, including Restaurants, with their vibrant dining scene, Medical Offices, with access to top-notch healthcare facilities like Kaiser Permanente, and Office Space, with opportunities for businesses to thrive in the city's diverse economy. Overall, Downey's unique blend of history, amenities, and economic opportunities make 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 Downey?
In Downey, California, the average annual rent per square foot for retail space is $34 USD.
How do anchor tenants affect surrounding retail space leases?
In Downey, California, anchor tenants have a significant impact on surrounding retail space leases, as they attract a high volume of foot traffic and create a draw for other businesses, resulting in increased demand for retail space and potentially higher lease rates, with 40 available listings of retail space, averaging $34 USD per square foot, and ranging in size from 6,034 square feet to 88,000 square feet.
