Retail Space Rents in Okemos, MI
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 Okemos asks $16.4 per square foot.
Retail Space Lease Types in Okemos, MI
The most common type of lease agreement you’ll find here is NNN, with 7 space(s) available under this type of arrangement.
The local market is also home to 1 retail space(s) offered under a Full Service lease agreement type.
Most Common Type of Lease for Retail Buildings in Okemos, MI
Average Size of Retail Space for Lease in Okemos, MI
The average size for this type of rental opportunity in Okemos is 2,500 sqft to 5,000 sqft. Currently, the local market offers 7 listing(s) within that size range.
You can also search 6 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 Okemos, MI
Retail space in Okemos 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 Restaurant and you can find 2 such space(s) available.
Restaurant spaces listed for rent here have an average size of 5,075 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.
The local market is also home to 1 space(s) listed as Community Center. The average size you can expect to find for this category is 2,950 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 Neighborhood Center category, currently available in the average size of 1,486 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.
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
2020 Grand River Avenue, Okemos, MI
1754 Central Park Drive, Okemos, MISpace Type
2160 W Grand River Ave, Okemos, MISpace Type
1575 Grand River Ave, Okemos, MISpace Type
2055 W. Grand River Ave., Okemos, MI
5100 Marsh Road, Okemos, MISpace Type
2398 Jolly Rd, Okemos, MISpace Type
2929 Hannah Blvd, Okemos, East Lansing, MISpace Type
1850 W Grand River Ave, Okemos, MI
5100 Marsh Road, Okemos, MISpace Type
1664 Grand River Ave, Okemos, MI