Retail Space Rents in Plano, 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 Plano asks $14.72 per square foot.
Retail Space Lease Types in Plano, TX
The most common type of lease agreement you’ll find here is NNN, with 20 space(s) available under this type of arrangement.
Most Common Type of Lease for Retail Buildings in Plano, TX
Average Size of Retail Space for Lease in Plano, TX
The average size for this type of rental opportunity in Plano is 1,000 sqft to 2,500 sqft. Currently, the local market offers 117 listing(s) within that size range.
You can also search 88 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 Plano, TX
Retail space in Plano 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 37 such space(s) available.
Restaurant spaces listed for rent here have an average size of 6,170 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 2 space(s) listed as Shared Space. The average size you can expect to find for this category is 2,380 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.
What’s more, you can find 1 listing(s) in the Community Center category, currently available in the average size of 1,350 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.
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 Plano, 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.
Downtown Plano is your top choice for lease opportunities, as it is currently home to the highest number of listings — 62 retail space(s).
The most popular space type here is Restaurant.
You can find 7 such listing(s) here.
Plano’s second most popular area is Avignon Windhaven, where you can find 28 retail listing(s).
The most likely type of space you can rent here is Restaurant.
If this is the kind of property you are looking for, you will find 11 listing(s) available here.
Preston Park Village is also among the best areas to search for your next commercial space. Here you can find 15 retail space(s) available for consideration by prospective tenants.
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.
How much space do you think you will need? A smaller, more specialized business may find a mall space to be more than accommodating, but if you’re looking to set up a business like a diner, car wash, or furniture store, a freestanding space or big box retail space in a shopping center may be more appropriate.
Some properties also go the extra mile to become more environmentally friendly, which is often indicated by a LEED certification. The Plano real estate market is home to 2 LEED-certified retail building(s).
This kind of space represents 1.64% of the city’s total retail real estate.
Data based on retail spaces listed for rent on CommercialSearch.com
3198 West Parker Road, Lancers Estates, Plano, TX
2300 Coit Road, Park West Plaza, Plano, TX
2200 14th Street, Downtown Plano, Plano, TX
3033 West Parker Road, Independence Village, Plano, TX
1301 Custer Rd., Williamsburg Square, Plano, TX
1900 Preston Road, Preston Park Village, Plano, TX
2109 West Parker Road, Audubon Place, Plano, TX
5760 Legacy Drive, Plano, TX
3308 Preston Road, Haversham, Plano, TX
2101 Preston Road, West Park Preston, Plano, TX
5960 W Parker Rd, Willow Bend Market, Plano, TXSpace Type
2963 West 15th Street, Prairie Creek Estates, Plano, TX
1120 East Parker Road, Downtown Plano, Plano, TX
5601 Granite Pkwy, Granite Park, Plano, TX
7801 Alma Drive, Cross Creek, Plano, TX
5850 K Ave, Downtown Plano, Plano, TX
3000 Custer Road, Copper Creek Estates, Plano, TX
3501 Midway Rd, Parkside Ridge, Plano, TXSpace Type
150 East FM 544, Murphy Crossing, Murphy, TX
3033 West Parker Road, Independence Village, Plano, TXSpace Type
3300 Dallas Parkway, Tinseltown, Plano, TXSpace Type
1101 Ohio Dr., Preston Ohio, Plano, TX
4100 Legacy Drive, Lynch Park, Plano, TX
3941 Legacy Drive, Windford Ridge, Plano, TX
3948 Legacy Drive / 6940 Coit Rd, Legacy Coit Village, Plano, TXSpace Type
1120 East Parker Rd at K Ave, Downtown Plano, Plano, TXSpace Type
1151 W Parker Rd, Park Forest, Plano, TXSpace Type
200 Coit Road, Coit Center, Plano, TX
5809 Preston Road, Lakeside Market, Plano, TX
7000-7224 Independence Pkwy, Legacy Village, Plano, TXSpace Type
8600 Preston Road, The Canal on Preston, Plano, TX
NWQ Coit Rd & PGBT, Plano, TX