Temple, Texas, is a hub for retail businesses, offering a unique blend of small-town charm and big-city amenities. With its strategic location between major metropolitan areas like Dallas-Fort Worth, San Antonio, and Houston, Temple is an ideal spot for retailers looking to tap into a diverse customer base. The city's strong medical community, led by Baylor Scott & White Medical Center, attracts a steady stream of visitors and residents, making it an attractive location for Retail Space For Lease. Additionally, Temple's proximity to Austin and Waco, as well as its access to various modes of transportation, including rail and highways, makes it a prime location for goods distribution. With a population of around 70,000, Temple offers a sizable market for retailers, with a range of amenities, including the Hill Country Transit District, the Union Pacific Railroad, and the Draughon-Miller Central Texas Regional Airport.
Temple's Retail Space For Lease market is thriving, with 21 listings available. The average annual rent per square foot is $21 USD, with sizes ranging from 300 square feet to 21,000 square feet. In addition to Retail Space, Temple also offers a range of other property types, including Restaurants, with their own unique charm and character, Medical Offices, which benefit from the city's strong healthcare industry, and Office Space, which cater to the city's growing business community. With its rich history, diverse geography, and access to various modes of transportation, Temple is an attractive location for businesses of all types, making it an ideal place to invest in Retail Space For Lease.
What is the average cost per square foot for retail space in Temple?
The average cost per square foot for retail space in Temple is $21 USD per square foot, with an average size of 3,397 square feet and a maximum space size of 21,000 square feet available among the 21 listings currently on the market.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as Baylor Scott & White Medical Center, a significant presence in Temple, Texas, can positively impact surrounding retail space leases by attracting a steady flow of customers, increasing foot traffic, and creating a desirable location for other businesses, which can lead to higher demand and potentially higher rents for available retail spaces, like the 21 listings currently available, with an average annual rent of $21 USD per square foot and an average size of 3,397 square feet, with some spaces as large as 21,000 square feet.
