Average Size of Retail Space for Lease in Union, NJ
The average size for this type of rental opportunity in Union is more than 5,000 sqft. Currently, the local market offers 4 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 Union, NJ
Retail space in Union 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 Shared Space and you can find 1 such space(s) available.
Shared Space spaces listed for rent here have an average size of 3,500 square feet. Shared retail space is in some ways comparable to coworking office solutions. However, businesses in this context share a shop. It is also sometimes referred to as co-retailing and allows businesses to share resources such as physical space, stationery, and other support essentials, in order to cut down on some of the costs of running the business.
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 10,000 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
2456 Route 22, Union, NJ
2525 Us Highway 22 W, Union, Union Twp, NJ
1008 Stuyvesant Ave, Union, NJ