Nashua, a city in southern New Hampshire, offers a unique blend of history, industry, and natural beauty, making it an attractive location for businesses looking to establish a retail presence. With a diverse population of around 90,000, Nashua provides a strong customer base for retailers, and its retail spaces for lease offer a range of opportunities for businesses to thrive. The city's commercial district, including the Pheasant Lane Mall, benefits from New Hampshire's lack of sales tax, making it a popular destination for shoppers from neighboring Massachusetts.
With 30 retail spaces available for lease, Nashua offers a range of options for businesses looking to establish a presence in the city. From small, boutique stores to larger, anchor tenants, Nashua's retail spaces cater to a variety of needs and budgets. The average annual rent per square foot is $19 USD, with a minimum of $6 USD and a maximum of $35 USD. Spaces range in size from 700 square feet to 42,000 square feet, with an average size of 4,862 square feet. In addition to retail spaces, Nashua is also home to a range of restaurants, medical offices, and office spaces, offering a diverse range of opportunities for businesses to establish a presence in the city. Restaurants, such as those found in the downtown area, offer a unique dining experience, while medical offices, like those at Southern New Hampshire Medical Center and St. Joseph Hospital, provide essential healthcare services. Office spaces, including those at the Nashua Technology Park, offer a range of options for businesses looking to establish a presence in the city.
What is the average cost per square foot for retail space in Nashua?
The average cost per square foot for retail space in Nashua is $19 USD per square foot, with 30 available listings ranging in size from 4,862 square feet to 42,000 square feet.
How do anchor tenants affect surrounding retail space leases?
In Nashua, where there are currently 30 available listings of retail space, anchor tenants like those found in the Pheasant Lane Mall have a significant impact on surrounding retail space leases, as they draw in foot traffic and create a desirable location for smaller retailers, ultimately driving up demand and lease prices, with the average annual rent per square foot being $19 USD and the average size of available retail space being 4,862 square feet, with some spaces as large as 42,000 square feet.
