Salinas, California, is an ideal location for a Retail Space For Lease, offering a unique blend of agricultural industry, rich history, and cultural attractions. With a population of approximately 160,000, Salinas is a thriving city that boasts a strong economy, excellent infrastructure, and a diverse community. The city's proximity to the ocean and its fertile soil make it an ideal location for floral cultivation, vineyards, and vegetable farming, earning it the nickname "Salad Bowl of the World." Major corporations like Taylor Farms, D'Arrigo Brothers Company, and Mann Packing Company have their headquarters in Salinas, contributing to the city's economic growth. Additionally, the city is home to institutions like Hartnell College and California State University, Monterey Bay, providing access to quality education. The city's historic downtown area features Victorian architecture, landmarks dedicated to Nobel laureate John Steinbeck, and a vibrant arts scene, making it an attractive location for businesses and residents alike.
Salinas offers a range of property types, including Retail Space, Restaurants, Medical Offices, and Office Space. With 15 Retail Space listings available for lease, businesses can find the perfect location to suit their needs. Nearby, Restaurants like those in the historic downtown area offer a unique dining experience, while Medical Offices and healthcare facilities like Salinas Valley Memorial Hospital and Natividad Medical Center provide essential services to the community. Office Space is also available, catering to the needs of businesses and professionals. With its diverse economy, excellent infrastructure, and rich cultural heritage, Salinas is an attractive location for businesses looking to establish a presence in the region.
What is the average cost per square foot for retail space in Salinas?
The average cost per square foot for retail space in Salinas is $23 USD per square foot, with 15 available listings ranging in size from 16,382 square feet to 280,000 square feet.
How do anchor tenants affect surrounding retail space leases?
In Salinas, where there are currently 15 available listings of retail space for lease, 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 more competitive market conditions, with average annual rent per square foot at $23 USD and average space size at 16,382 square feet, with some spaces reaching up to 280,000 square feet.
