Brockton, Massachusetts, is a city that offers a unique blend of history, culture, and economic opportunities, making it an attractive location for businesses looking to lease retail space. With a population of around 110,000, Brockton has a diverse economy that has evolved beyond its traditional shoe industry roots to include healthcare, education, and manufacturing. The city's infrastructure is well-developed, with major highways such as Massachusetts Route 24, Route 27, Route 123, Route 28, Route 14, and Route 37, as well as a commuter rail system and bus services operated by the Brockton Area Transit Authority (BAT). This makes it an ideal location for businesses that require easy access to transportation hubs. Additionally, Brockton is home to several major institutions, including Signature Healthcare Brockton Hospital, Good Samaritan Medical Center, and the Brockton Veterans Administration Hospital, as well as Massasoit Community College, Fisher College, and the Brockton Hospital School of Nursing.
With 13 retail spaces for lease in Brockton, businesses have a range of options to choose from. The average annual rent per square foot is $17 USD, with spaces ranging in size from 1,400 square feet to 27,627 square feet. In addition to retail spaces, Brockton also offers a range of other property types, including restaurants, medical offices, and office spaces. For example, restaurants can take advantage of the city's busy downtown area, while medical offices can benefit from the proximity to major hospitals. Office spaces, meanwhile, can capitalize on the city's growing economy and diverse workforce. Overall, Brockton's unique blend of history, culture, and economic opportunities makes it an attractive location for businesses looking to lease retail space or other property types.
What is the average cost per square foot for retail space in Brockton?
In Brockton, the average annual rent per square foot for retail space is $17 USD.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as major department stores or supermarkets, can have a significant impact on surrounding retail space leases in Brockton, Massachusetts, as they attract a high volume of foot traffic and can increase the desirability of nearby retail spaces, potentially driving up demand and rents, with the current average annual rent per square foot being $17 USD and average retail space size being 7,481 square feet, with a maximum space size of 27,627 square feet available among the 13 listings.
