Orange, California, offers a unique opportunity for investors to capitalize on the city's growing retail market. With 60 retail spaces for lease, Orange presents an attractive option for businesses looking to establish a presence in this desirable location. Retail spaces in Orange can represent a range of investments, from small boutiques to large department stores, and can cater to a diverse customer base. The city's strong infrastructure, including transportation services like the Santa Ana Freeway and state highways, makes it an ideal location for businesses that rely on easy access to customers and suppliers. Additionally, Orange's pleasant climate, with warm and dry months from April to November, creates a welcoming environment for shoppers. The city's historic district, listed on the National Register of Historic Places, adds to its charm, making it an attractive destination for tourists and locals alike.
Orange's retail spaces for lease offer a range of options, from small to large, with average annual rent per square foot at $32 USD and average size at 3,487 square feet. The maximum space size available is 46,615 square feet, providing ample room for businesses to grow. Nearby, restaurants, medical offices, and office spaces are also available for lease, offering a diverse range of options for businesses looking to establish a presence in the area. Restaurants in Orange can take advantage of the city's strong agricultural heritage, while medical offices can tap into the city's growing healthcare industry. Office spaces in Orange offer a range of options, from small startups to large corporations, and can benefit from the city's strong transportation infrastructure. Overall, Orange presents a unique opportunity for businesses to establish a presence in a desirable location with a strong economy and growing population.
What is the average cost per square foot for retail space in Orange?
In Orange, the average annual rent per square foot for retail space is $32 USD.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as major department stores or grocery stores, can significantly impact surrounding retail space leases in Orange, as they attract a large customer base and create a hub of activity, which can increase foot traffic and desirability for nearby retailers, ultimately driving up demand and lease rates for available retail space, with 60 listings currently available, averaging $32 USD per square foot and 3,487 square feet in size, with a maximum space size of 46,615 square feet.
