Murfreesboro, Tennessee, is a city that offers a unique blend of history, education, and commerce, making it an ideal location for Retail Space For Lease. With a population of around 140,000, Murfreesboro is a hub for businesses, entrepreneurs, and investors looking to capitalize on the city's growing economy. The city's strategic location, situated in the Nashville metropolitan area, provides easy access to major transportation facilities, including Nashville International Airport, Smyrna Airport, and Murfreesboro Municipal Airport. Additionally, the city's infrastructure, including the public transportation system called Rover and the Murfreesboro Greenway System, makes it an attractive location for businesses and residents alike. The presence of major corporations, such as National Healthcare Corporation (NHC) and Bank of America, further solidifies Murfreesboro's reputation as a thriving business hub.
When it comes to Retail Space For Lease in Murfreesboro, there are currently 27 listings available, with an average annual rent of $32 USD per square foot. The average size of these listings is approximately 3,821 square feet, with the smallest available space being around 500 square feet and the largest being around 146,000 square feet. In addition to Retail Space, Murfreesboro also offers a range of other property types, including Restaurants, Medical Offices, and Office Space. For example, Medical Offices in Murfreesboro are often located near major healthcare facilities, such as the Alvin C. York Veterans Hospital, while Office Space is frequently found in the city's downtown area. Restaurants, on the other hand, can be found throughout the city, with many located near popular attractions, such as the Stones River National Battlefield. Overall, Murfreesboro's diverse range of property types and listings make it an attractive location for businesses and investors alike.
What is the average cost per square foot for retail space in Murfreesboro?
The average cost per square foot for retail space in Murfreesboro is $32 USD per square foot, with 27 available listings ranging in size from 3,821 square feet to 146,000 square feet.
How do anchor tenants affect surrounding retail space leases?
In Murfreesboro, where there are currently 27 retail space listings available, anchor tenants play a significant role in shaping the surrounding retail landscape, as they often attract a high volume of foot traffic and can increase the desirability of nearby retail spaces, leading to higher lease rates and a more competitive market, with average annual rent per square foot at $32 USD and average space size at 3,821 square feet, with some spaces reaching up to 146,000 square feet.
