Retail Space Rents in Odessa, 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 Odessa asks $14 per square foot.
Average Size of Retail Space for Lease in Odessa, TX
The average size for this type of rental opportunity in Odessa is 1,000 sqft to 2,500 sqft. Currently, the local market offers 21 listing(s) within that size range.
You can also search 13 listing(s) in the more than 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 Odessa, TX
Retail space in Odessa 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 Retail (Other) and you can find 2 such space(s) available.
Retail (Other) spaces listed for rent here have an average size of 1,317 square feet. Retail spaces come in many shapes and designs. Some are specifically tailored to the tenant that uses them, others are more generic space that can easily be reconfigured to accommodate different kinds of businesses over time.
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 10,985 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.
What’s more, you can find 2 listing(s) in the Street Retail category, currently available in the average size of 2,893 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.
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
2711-2755 N Grandview Ave E University Blvd Odessa TX, Odessa, TXSpace Type
2113 Andrews Hwy, Odessa, TX
1305-1523 E 8th Street Odessa TX, Odessa, TXSpace Type
2131 East 8th Street, Odessa, TX
2606 North Grandview Avenue, Odessa, TXSpace Type
1918 E 8th St, Odessa, TX
8110 E. 56th Street, Odessa, TX
601 East 42nd Street, Odessa, TX