Phoenix, Arizona, a city known for its sunny desert climate and rich cultural heritage, is an ideal location for a Retail Space For Lease. With a population of around 440,000, Phoenix offers a diverse range of amenities, infrastructure, and attractions that make it an attractive destination for businesses and individuals alike. The city's grid-like street layout and wide roadways contribute to its easy navigation, while its proximity to major transportation facilities, such as Phoenix Sky Harbor International Airport, makes it an ideal location for businesses that require easy access to national and international markets. Additionally, Phoenix is home to several major corporations, including Avnet, Freeport-McMoRan, PetSmart, and Republic Services, which provides a strong economic foundation for businesses looking to establish themselves in the area.
With 8 Retail Space listings available For Lease, Phoenix offers a wide range of options for businesses looking to establish a presence in the city. From small boutique stores to large retail centers, Phoenix has a Retail Space to suit every business need. The city's diverse economy, which includes industries such as real estate, finance and insurance, manufacturing, retail trade, and health care, provides a strong foundation for businesses looking to establish themselves in the area. Additionally, Phoenix is home to several major educational institutions, including Arizona State University and the University of Phoenix, which provides a steady supply of skilled and educated workers. Restaurants, Medical Offices, and Office Space are also available in Phoenix, offering a range of options for businesses looking to establish a presence in the city. With average annual rent per square foot of $26 USD and average space size of 4,110 square feet, Retail Space in Phoenix is an attractive option for businesses looking to establish themselves in the area.
What is the average cost per square foot for retail space in Phoenix?
The average cost per square foot for retail space in Phoenix is $26 USD per square foot, with available listings totaling 8 and average space sizes ranging from 4,110 square feet to 92,428 square feet.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as department stores or grocery stores, can significantly impact surrounding retail space leases in Phoenix, Arizona, as they attract a high volume of foot traffic and create a draw for other retailers, leading to increased demand and potentially higher lease rates for nearby retail spaces, with 8 available listings averaging $26 USD per square foot and ranging in size from 4,110 square feet to 92,428 square feet.
