Retail Space Rents in Fairview Heights, IL
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 Fairview Heights asks $12.43 per square foot.
Retail Space Lease Types in Fairview Heights, IL
The most common type of lease agreement you’ll find here is NNN, with 5 space(s) available under this type of arrangement.
The local market is also home to 3 retail space(s) offered under a Modified Gross lease agreement type, and 1 Full Service listing(s).
Most Common Type of Lease for Retail Buildings in Fairview Heights, IL
- NNN
5
- Modified Gross
3
- Full Service
1
Average Size of Retail Space for Lease in Fairview Heights, IL
The average size for this type of rental opportunity in Fairview Heights is 1,000 to 2,500 sq. ft.. Currently, the local market offers 20 listing(s) within that size range.
You can also search 12 listing(s) in the More than 5,000 sq. ft. 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 Fairview Heights, IL
Retail space in Fairview Heights 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 Neighborhood Center and you can find 1 such space(s) available.
Neighborhood Center spaces listed for rent here have an average size of 25,546 square feet. Functioning like smaller-scale community centers, this type of space brings together several categories of retailers and other businesses to fulfill most or all of the needs of the population in the surrounding area.
The local market is also home to 1 space(s) listed as Restaurant. The average size you can expect to find for this category is 5,896 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.
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
10865 Lincoln Trl, Fairview Heights, IL
67 Ludwig Dr, Fairview Heights, IL
10234 Lincoln Trl, Fairview Heights, ILSpace Type