Iowa City, a hub for education, healthcare, and arts, offers a unique blend of small-town charm and big-city amenities, making it an ideal location for Retail Space For Lease. With a population of over 70,000, Iowa City provides a diverse customer base for businesses, and its proximity to the University of Iowa and other major employers ensures a steady stream of foot traffic. The city's infrastructure, including public transportation services and paved bicycle paths, makes it easy for customers to access Retail Space. Additionally, Iowa City's vibrant arts scene, featuring attractions like the Englert Theatre and FilmScene, and its numerous parks and recreational facilities, create a desirable environment for businesses and residents alike.
With 15 Retail Space For Lease available, Iowa City offers a range of options for businesses looking to establish a presence in the area. The average annual rent per square foot for Retail Space in Iowa City is $26 USD, with spaces ranging in size from 1,260 square feet to 23,028 square feet. In addition to Retail Space, Iowa City is also home to a variety of other property types, including Restaurants, which can be found in popular areas like the Pedestrian Mall; Medical Offices, which are often located near the University of Iowa Hospitals and Clinics; and Office Space, which can be found in a range of locations throughout the city. With its unique blend of amenities, infrastructure, and attractions, Iowa City is an attractive location for businesses of all types.
What is the average cost per square foot for retail space in Iowa City?
As of now, there are 15 available listings of Retail Space in Iowa City, with an average annual rent of $26 USD per square foot, and an average size of 3,926 square feet, making it an attractive option for businesses looking to establish a presence in this city, which boasts a strong economy driven by healthcare, education, and arts and culture.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as large department stores or supermarkets, can significantly impact surrounding retail space leases in Iowa City, where there are currently 15 available listings, by driving foot traffic and attracting customers to the area, thereby increasing the desirability and potential profitability of nearby retail spaces, which may lead to higher lease rates, with the average annual rent per square foot being $26 USD and average space size being 3,926 square feet, with a maximum space size of 23,028 square feet.
