Irving, Texas, is a prime destination for businesses looking to establish a strong presence in the Dallas-Fort Worth metroplex. With its diverse economy, excellent infrastructure, and highly educated population of around 260,000, Irving offers a unique opportunity for Retail Space For Lease. The city's strong economy is driven by major industries such as media, finance, manufacturing, energy, and technology, with companies like Nexstar Media Group, 7-Eleven, and Michaels Stores calling Irving home. The city's proximity to the Dallas Fort Worth International Airport and its membership in the Dallas Area Rapid Transit (DART) agency make it an attractive location for businesses that require easy access to transportation. Additionally, Irving's cultural attractions, such as the Irving Arts Center and historical museums, make it an excellent place to live and work.
Irving's Retail Space For Lease market is thriving, with 22 available listings. The average annual rent per square foot is $24 USD, with a range of options available from $12 USD to $52 USD per square foot. The average size of Retail Space For Lease in Irving is 4,699 square feet, with options ranging from 105 to 89,238 square feet. In addition to Retail Space, Irving also offers a range of other property types, including Restaurants, Medical Offices, and Office Space. Restaurants in Irving benefit from the city's strong tourism industry, driven by attractions like the Irving Arts Center and the Las Colinas Entertainment District. Medical Offices in Irving are well-positioned to serve the city's growing population, with access to top-notch healthcare facilities like the Parkland Health & Hospital System's Irving Health Center. Office Space in Irving is highly sought after, with companies like Fluor Corporation and Vistra Energy calling the city home. Overall, Irving's diverse economy and excellent infrastructure make it an attractive location for businesses of all types.
What is the average cost per square foot for retail space in Irving?
The average cost per square foot for retail space in Irving is $24 USD per square foot, with an average size of 4,699 square feet and a maximum space size of 89,238 square feet, making it an attractive option for businesses looking to establish a presence in this diverse and economically strong city, which boasts a strong economy, excellent infrastructure, and a variety of cultural attractions.
How do anchor tenants affect surrounding retail space leases?
In Irving, where there are currently 22 available listings of retail space, anchor tenants play a significant role in shaping the surrounding retail landscape, as they often attract a high volume of foot traffic and can increase the desirability of nearby retail spaces, leading to higher lease rates and a more competitive market, with average annual rent per square foot at $24 USD and average size of 4,699 square feet, with some spaces reaching up to 89,238 square feet.
