Allen, Texas, is an ideal location for a Retail Space For Lease, offering a unique blend of small-town charm and big-city amenities. With a population of around 110,000 people, Allen provides a thriving environment for businesses to flourish. The city's strategic location, nestled between Dallas and Plano, makes it an attractive destination for shoppers and entrepreneurs alike. The presence of major roadways like U.S. Highway 75 and Texas State Highway 121 ensures easy accessibility, while the Watters Creek Convention Center, Allen Premium Outlets, and The Village at Allen provide a hub for entertainment, shopping, and dining. Additionally, the city's strong educational institutions, including Allen High School and Collin College, contribute to a skilled and educated workforce, making it an attractive location for businesses.
With 24 Retail Space listings available For Lease in Allen, there's no shortage of options for businesses looking to establish a presence in this thriving city. The average annual rent per square foot for Retail Space in Allen is $34 USD, with sizes ranging from 900 square feet to 23,500 square feet. In addition to Retail Space, Allen also offers a range of other property types, including Restaurants, Medical Offices, and Office Space, each with its own unique characteristics and advantages. For instance, Restaurants in Allen benefit from the city's vibrant entertainment scene, while Medical Offices are well-positioned to serve the local community. Office Space in Allen, meanwhile, offers a range of options for businesses looking to establish a presence in the city. Overall, Allen's diverse range of property types and amenities make it an attractive destination for businesses of all kinds.
What is the average cost per square foot for retail space in Allen?
The average cost per square foot for retail space in Allen is $34 USD per square foot, with available listings totaling 24 and average space sizes ranging from 2,922 square feet to 23,500 square feet.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as department stores or grocery stores, can significantly impact surrounding retail space leases in Allen, Texas, as they often attract a high volume of foot traffic, increasing the desirability of nearby retail spaces, which can drive up demand and rental rates, with the average annual rent per square foot currently at $34 USD and average space size at 2,922 square feet, and with 24 available listings of retail space for lease in Allen, tenants may find opportunities to capitalize on the anchor's draw.
