Jersey City, with its rich history and diverse neighborhoods, is an ideal location for a Retail Space For Lease. The city's proximity to Manhattan, extensive transportation infrastructure, and significant center for banking and finance make it an attractive spot for businesses. With amenities like Liberty State Park, the Jersey City Free Public Library, and the Liberty Science Center, Jersey City offers a unique blend of history, culture, and entertainment. The city's strong economy, driven by major industries like finance, shipping, and manufacturing, ensures a steady flow of customers and clients. Companies like UBS, Goldman Sachs, Chase Bank, Citibank, and Merrill Lynch have already established a presence in the city, making it an ideal location for a Retail Space For Lease.
With 70 Retail Space listings available for lease, Jersey City offers a range of options for businesses. The average annual rent per square foot is $47 USD, with options available from $8 USD to $136 USD per square foot. Spaces range in size from 150 square feet to 310,523 square feet, with an average size of 26,297 square feet. In addition to Retail Space, Jersey City also offers Restaurants, Medical Offices, and Office Space for lease, each with its own unique characteristics and benefits. Restaurants can thrive in the city's vibrant neighborhoods, while Medical Offices can take advantage of the city's strong healthcare infrastructure. Office Space can benefit from the city's extensive transportation network and proximity to Manhattan. With its diverse economy, rich culture, and extensive amenities, Jersey City is an ideal location for businesses of all types.
What is the average cost per square foot for retail space in Jersey City?
On average, retail space in Jersey City can be leased for $47 USD per square foot, with available listings totaling 70, and average space sizes ranging from 26,297 square feet to a maximum of 310,523 square feet, making it an attractive option for businesses looking to establish a presence in this strategically located city.
How do anchor tenants affect surrounding retail space leases?
In Jersey City, anchor tenants, such as major department stores or grocery chains, can significantly impact surrounding retail space leases by increasing foot traffic, driving consumer demand, and enhancing the overall shopping experience, ultimately leading to higher lease rates and more attractive lease terms for nearby retail spaces, with currently 70 available listings, averaging $47 USD per square foot, and ranging in size from 26,297 square feet to 310,523 square feet.
