Retail Space Rents in Louisville, CO
Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Louisville asks $28.66 per square foot.
Average Size of Retail Space for Lease in Louisville, CO
The average size for this type of rental opportunity in Louisville is 1,000 sqft to 2,500 sqft. Currently, the local market offers 13 listing(s) within that size range.
You can also search 5 listing(s) in the 2,500 sqft to 5,000 sqft range.
It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.
Retail Space Types You Can Lease in Louisville, CO
Retail space in Louisville comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Retail Pad and you can find 2 such space(s) available.
Retail Pad spaces listed for rent here have an average size of 3,425 square feet. Also referred to as a pad site or an outparcel, the retail pad basically refers to a freestanding commercial real estate parcel that is located near to or in the front of a larger shopping center, strip mall, or similar property.
The local market is also home to 2 space(s) listed as Restaurant. The average size you can expect to find for this category is 2,064 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.
What’s more, you can find 1 listing(s) in the Retail (Other) category, currently available in the average size of 2,701 square feet. Retail spaces come in many shapes and designs. Some are specifically tailored to the tenant that uses them, others are more generic space that can easily be reconfigured to accommodate different kinds of businesses over time.
However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.
Key Factors to Consider When Choosing a Retail Space for Lease
When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.
Data based on retail spaces listed for rent on CommercialSearch.com