Independence, Missouri, a city steeped in history and culture, offers a unique blend of amenities and infrastructure that make it an attractive location for retail space. With its rich heritage as a departure point for the California, Oregon, and Santa Fe Trails, Independence has evolved into a thriving commercial hub, boasting a diverse range of industries, including healthcare, education, retail, and manufacturing. The city's proximity to Kansas City, its excellent transportation network, and its strong educational institutions, such as Graceland University and Metropolitan Community College, make it an ideal location for businesses looking to establish a strong presence in the region. Additionally, the city's attractions, including the Truman Presidential Library and Museum, the National Frontier Trails Museum, and the Owens-Rogers Museum, draw visitors from across the country, creating a vibrant and dynamic environment that is perfect for retail space for lease.
With 27 retail spaces available for lease, Independence offers a wide range of options for businesses looking to establish a presence in the city. From small boutiques to large shopping centers, Independence has a diverse range of retail spaces that cater to different business needs. In addition to retail space, Independence also offers a range of other property types, including restaurants, medical offices, and office space, each with its own unique characteristics and advantages. For instance, restaurants in Independence can take advantage of the city's strong tourism industry, while medical offices can benefit from the city's excellent healthcare infrastructure. Office space, on the other hand, can leverage the city's strong educational institutions and diverse range of industries. With average annual rent per square foot of $13 USD and average space size of 3,935 square feet, Independence offers a competitive and affordable option for businesses looking to establish a presence in the region.
What is the average cost per square foot for retail space in Independence?
The average cost per square foot for retail space in Independence is $13 USD per square foot, with available listings totaling 27 and average space sizes ranging from 3,935 square feet to 46,350 square feet.
How do anchor tenants affect surrounding retail space leases?
In Independence, Missouri, anchor tenants, such as major retailers or restaurants, can positively impact surrounding retail space leases by increasing foot traffic, attracting new customers, and enhancing the overall shopping experience, which can lead to higher demand and rental rates for nearby retail spaces, with 27 available listings, averaging $13 USD per square foot, and ranging in size from 3,935 square feet to 46,350 square feet.
