Bakersfield, California, is a hub for agriculture and energy production, making it an ideal location for Retail Space For Lease. With Kern County being California's top oil-producing county and the fourth most productive agricultural county in the United States, businesses in these industries can thrive in the area. The city's extensive highway network, including State Route 99, State Route 58, and State Route 178, as well as Interstate 5, provides easy access to major transportation facilities like the Bakersfield Amtrak station and the Meadows Field Airport. Additionally, the city is home to institutions like California State University, Bakersfield, and Bakersfield College, which attract students and professionals from various industries. The city's diverse economy, rich cultural heritage, and attractions like the Crystal Palace and the Bakersfield Symphony Orchestra make it an attractive location for businesses and individuals alike.
With 69 Retail Space For Lease available in Bakersfield, businesses can find the perfect location to suit their needs. The average annual rent per square foot is $18 USD, and the average size of available Retail Space is 5,738 square feet, with options ranging up to 77,000 square feet. In addition to Retail Space, Bakersfield also offers a range of other property types, including Restaurants, Medical Offices, and Office Space. For example, Restaurants can benefit from the city's growing food scene, while Medical Offices can tap into the demand for healthcare services from the city's growing population. Office Space, on the other hand, can cater to the needs of professionals and businesses in various industries. Overall, Bakersfield's diverse economy, infrastructure, and attractions make it an attractive location for businesses and individuals looking to establish a presence in the area.
What is the average cost per square foot for retail space in Bakersfield?
The average cost per square foot for retail space in Bakersfield is $18 USD per square foot, with an average size of 5,738 square feet and a maximum space size of 77,000 square feet available among the 69 listings currently on the market.
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 Bakersfield, California, as they attract a high volume of foot traffic, increasing the desirability of nearby retail spaces, which can lead to higher lease rates and a lower vacancy rate among the 69 available listings, with average annual rent per square foot at $18 USD and average size of 5,738 square feet, up to a maximum space size of 77,000 square feet.
