Retail Space Rents in Key West, FL
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 Key West asks $74.4 per square foot.
Retail Space Lease Types in Key West, FL
The most common type of lease agreement you’ll find here is NNN, with 6 space(s) available under this type of arrangement.
The local market is also home to 3 retail space(s) offered under a Full Service lease agreement type.
Most Common Type of Lease for Retail Buildings in Key West, FL
Average Size of Retail Space for Lease in Key West, FL
The average size for this type of rental opportunity in Key West is less than 1,000 sqft. Currently, the local market offers 7 listing(s) within that size range.
You can also search 3 listing(s) in the 1,000 sqft to 2,500 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 Key West, FL
Retail space in Key West 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 Street Retail and you can find 1 such space(s) available.
Street Retail spaces listed for rent here have an average size of 805 square feet. You’ll find street retail spaces are mostly located in urban and suburban areas that have high foot traffic. This type of space is often a great choice for smaller retailers that are looking for well-positioned points of sale.
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.
Top Locations to Lease Retail Space in Key West, FL
In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.
Historic Seaport is your top choice for lease opportunities, as it is currently home to the highest number of listings — 9 retail space(s).
The most popular space type here is Street Retail.
You can find 1 such listing(s) here.
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
221 Duval St, Historic Seaport, Key West, FLSpace Type
408 Greene St, Historic Seaport, Key West, FLSpace Type
418 Eaton Street, Historic Seaport, Key West, FLSpace Type
431 Front Street, Historic Seaport, Key West, FLSpace Type
400 Duval Street , Historic Seaport, Key West, FLSpace Type
607 Fleming St, Historic Seaport, Key West, FLSpace Type
6150 2nd St, Stock Island, Key West, FLSpace Type
419 Duval St, Historic Seaport, Key West, FLSpace Type
218 Whitehead St, Truman Annex, Key West, FLSpace Type
5300 Overseas Highway, Stock Island, FLSpace Type