Berkeley, California, is a hub for retail activity, with a diverse range of Retail Space For Lease opportunities available. With a population of around 120,000, Berkeley is an attractive location for businesses looking to establish a presence in the East Bay. The city's proximity to the University of California, Berkeley, and its reputation as a socially progressive community make it an ideal location for retailers catering to students, faculty, and locals alike. Berkeley's infrastructure, including transportation services like Amtrak, AC Transit, and BART, as well as bicycle and pedestrian paths, makes it easy for customers to access Retail Space. Additionally, the city's thriving food industry, led by pioneers like Chez Panisse and Peet's Coffee, creates a vibrant atmosphere that attracts visitors and locals alike.
With 85 Retail Space For Lease options available, Berkeley offers a range of opportunities for businesses to establish a presence in the city. From small boutiques to larger retail centers, there are options to suit a variety of business needs. Nearby, Restaurants, Medical Offices, and Office Space are also available, offering a range of possibilities for businesses looking to locate in Berkeley. The average annual rent for Retail Space in Berkeley is $41 USD per square foot, with sizes ranging from 200 square feet to 25,000 square feet. Whether you're looking to establish a new business or expand an existing one, Berkeley's Retail Space For Lease options offer a unique opportunity to tap into the city's vibrant community.
What is the average cost per square foot for retail space in Berkeley?
As of now, there are 85 available listings of retail space in Berkeley, with an average annual rent of $41 USD per square foot, and an average size of 3,182 square feet, making it an attractive option for businesses looking to establish a presence in this culturally rich and diverse city.
How do anchor tenants affect surrounding retail space leases?
An anchor tenant, such as a popular grocery store or department store, can positively impact surrounding retail space leases in Berkeley by increasing foot traffic, attracting new customers, and creating a more desirable location for other businesses, as evident in areas like the Gourmet Ghetto, where the presence of anchor tenants like Chez Panisse has contributed to the area's popularity, with 85 available listings of retail space for lease, averaging $41 USD per square foot, and ranging in size from 3,182 square feet to 25,000 square feet.
