Bismarck, North Dakota, is an attractive location for Retail Space For Lease, offering a unique blend of economic significance, recreational opportunities, and educational institutions. With a population of around 74,000, the city serves as a hub for retail and healthcare in the region, making it an ideal spot for businesses looking to establish a strong presence. The city's extensive park system, golf courses, and outdoor activities along the Missouri River provide a high quality of life for residents and visitors alike. Additionally, institutions like Bismarck State College, University of Mary, and United Tribes Technical College contribute to the local workforce, making it an attractive location for businesses.
When it comes to Retail Space in Bismarck, there are currently 10 listings available, offering a range of options for businesses. With an average annual rent of $32 USD per square foot, and sizes ranging from 90 to 25,100 square feet, there's something for every business need. Nearby, you'll find a variety of other property types, including Restaurants, Medical Offices, and Office Space, each with its own unique characteristics and opportunities. For example, Restaurants in Bismarck benefit from the city's strong tourism industry, while Medical Offices are drawn to the city's major healthcare employers like Sanford Health and St. Alexius Medical Center. Office Space, on the other hand, is attracted to the city's central business district and proximity to government institutions. Overall, Bismarck offers a diverse range of opportunities for businesses looking to establish a strong presence in the region.
What is the average cost per square foot for retail space in Bismarck?
The average cost per square foot for retail space in Bismarck is $32 USD per square foot, with 10 available listings ranging in size from 3,531 square feet to 25,100 square feet.
How do anchor tenants affect surrounding retail space leases?
An anchor tenant, such as a large department store or grocery chain, can significantly impact surrounding retail space leases in Bismarck, 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, with currently 10 available listings of retail space, averaging $32 USD per square foot, and ranging in size from 3,531 square feet to 25,100 square feet.
