Retail Space Rents in Magnolia, TX
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 Magnolia asks $16.89 per square foot.
Retail Space Lease Types in Magnolia, TX
The most common type of lease agreement you’ll find here is NNN, with 8 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 Magnolia, TX
Average Size of Retail Space for Lease in Magnolia, TX
The average size for this type of rental opportunity in Magnolia is 1,000 sqft to 2,500 sqft. Currently, the local market offers 15 listing(s) within that size range.
You can also search 9 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 Types You Can Lease in Magnolia, TX
Retail space in Magnolia 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 3 such space(s) available.
Street Retail spaces listed for rent here have an average size of 2,241 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 2 space(s) listed as Restaurant. The average size you can expect to find for this category is 9,300 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.
Top Locations to Lease Retail Space in Magnolia, TX
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.
Lake Creek Forest is your top choice for lease opportunities, as it is currently home to the highest number of listings — 4 retail space(s).
The most popular space type here is Street Retail.
You can find 3 such listing(s) here.
Magnolia’s second most popular area is Durango Creek, where you can find 3 retail listing(s).
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
32403 FM 2978, Magnolia, TXProperty
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