Houston, Texas, is a prime location for businesses looking to establish a strong presence in the Southern United States. With a diverse population of around 2.3 million people, Houston offers a unique blend of cultural, economic, and educational opportunities that make it an attractive destination for companies and individuals alike. The city's strong economy, driven by industries such as energy, manufacturing, aeronautics, and transportation, provides a solid foundation for businesses to thrive. Additionally, Houston is home to the Texas Medical Center, NASA's Johnson Space Center, and the Port of Houston, making it a hub for innovation and progress. The city's vibrant arts and theater district, as well as its diverse food scene, make it an exciting place to live and work. With 13 retail spaces for lease, businesses can find the perfect location to suit their needs.
Houston's retail spaces for lease offer a unique opportunity for businesses to tap into the city's thriving economy. With an average annual rent of $27 USD per square foot, and an average size of 4,141 square feet, these spaces provide the perfect platform for companies to establish a strong presence in the city. Nearby, restaurants, medical offices, and office spaces are also available for lease, offering a range of options for businesses looking to expand their operations. For example, the Energy Corridor, a prominent business district, is home to many office spaces, while the Texas Medical Center offers a range of medical offices for lease. With its diverse economy and vibrant cultural scene, Houston is an ideal location for businesses looking to grow and thrive.
What is the average cost per square foot for retail space in Houston?
The average cost per square foot for retail space in Houston is $27 USD per square foot, with an average size of 4,141 square feet and a maximum space size of 83,733 square feet, among the 13 available listings of retail space for lease in the city.
How do anchor tenants affect surrounding retail space leases?
An anchor tenant, such as a large department store or grocery chain, can significantly impact surrounding retail space leases in Houston, where there are currently 13 available listings, by driving foot traffic and attracting customers to the area, which can increase demand and rents for nearby retail spaces, with average annual rent per square foot at $27 USD and average size at 4,141 square feet, and maximum space size at 83,733 square feet.
