Tustin, California, is an attractive destination for investors seeking to lease retail space, with 27 available listings offering a range of opportunities. Retail spaces in Tustin are a sound investment, as they provide a stable source of income and the potential for long-term appreciation in value. These properties can represent a variety of investments, from small strip centers to large shopping malls, each with its unique characteristics and benefits. Tustin's desirable location, excellent infrastructure, and strong demographics make it an ideal place to invest in retail space. The city is home to several top-ranked schools, including Tustin High School, Foothill High School, and Arnold O. Beckman High School, which attract families and young professionals. Additionally, Tustin's proximity to major transportation hubs, such as the Costa Mesa Freeway and John Wayne Airport, makes it easily accessible to customers and employees. The city's Mediterranean climate and abundance of trees, earning it the nickname "The City of Trees," also contribute to its appeal.
Tustin's retail spaces are situated in a city that offers a unique blend of history, culture, and recreation. The city is bordered by Irvine, Orange, North Tustin, and Santa Ana, providing access to a large and diverse customer base. In addition to retail spaces, Tustin is also home to a range of other property types, including restaurants, medical offices, and office spaces. For example, the city's medical offices are well-suited to serve the needs of its growing population, while its office spaces offer a range of options for businesses of all sizes. Restaurants in Tustin benefit from the city's strong demographics and high foot traffic, making them an attractive option for investors. With its many amenities, including the Tustin Area Museum, Marconi Automotive Museum, and Tustin Ranch Golf Course, Tustin is an attractive destination for businesses and individuals alike. Overall, Tustin's retail spaces offer a compelling investment opportunity, with their unique characteristics, strong location, and diverse range of amenities.
What is the average cost per square foot for retail space in Tustin?
The average cost per square foot for retail space in Tustin is $30 USD per square foot, with 27 available listings ranging in size from 2,480 square feet to 8,640 square feet.
How do anchor tenants affect surrounding retail space leases?
In Tustin, where there are currently 27 retail space listings available, 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, with the average annual rent per square foot being $30 USD and average space size being 2,480 square feet, with a maximum space size of 8,640 square feet.
