Fort Wayne, IN Retail Space for Lease
Search 61 retail listings in Fort Wayne, IN and find helpful local stats in the Market Overview section below.
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 Fort Wayne asks $11.84 per square foot.
The most common type of lease agreement you’ll find here is NNN, with 39 space(s) available under this type of arrangement. The local market is also home to 4 retail space(s) offered under a Full Service lease agreement type, and 3 Modified Gross listing(s).
The average size for this type of rental opportunity in Fort Wayne is 1,000 sqft to 2,500 sqft. Currently, the local market offers 49 listing(s) within that size range. You can also search 33 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 in Fort Wayne 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 13 such space(s) available.
Street Retail spaces listed for rent here have an average size of 8,025 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.
The local market is also home to 7 space(s) listed as Community Center. The average size you can expect to find for this category is 4,604 square feet. Community centers can incorporate grocery stores, discount department stores, large drugstores, and more. They’re meant to offer one-stop-shop convenience for residents of the surrounding area, so consider the local customer base when looking to lease a community center space.
What’s more, you can find 1 listing(s) in the Restaurant category, currently available in the average size of 5,400 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.
Street Retail
13
Community Center
7
Restaurant
1
Street Retail
8,025 sq. ft.
Community Center
4,604 sq. ft.
Restaurant
5,400 sq. ft.
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.
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.
West Central Fort Wayne is your top choice for lease opportunities, as it is currently home to the highest number of listings — 19 retail space(s). The most popular space type here is Strip Retail. You can find 4 such listing(s) here.
Fort Wayne’s second most popular area is Franke Park, where you can find 18 retail listing(s). The most likely type of space you can rent here is Street Retail. If this is the kind of property you are looking for, you will find 12 listing(s) available here.
Westmoor Park is also among the best areas to search for your next commercial space. Here you can find 16 retail space(s) available for consideration by prospective tenants, of which 1 are Street Retail.
West Central Fort Wayne
19
Franke Park
18
Westmoor Park
16
Tara
11
Bullerman Park - Oakhurst
10
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
CommercialSearch collaborates with highly respected major brokerages nationwide to provide frequently updated high-quality listings. Find all commercial property types on our marketplace, from office, coworking, retail, and industrial to special purpose properties.
CommercialSearch is a trusted Yardi listing service and an essential element of the fast-growing CommercialEdge network, which ranks on the 1st page of Google for all top markets across its multiple platforms, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts yearly.