Lawrence, Kansas, is a city that offers a unique blend of small-town charm and big-city amenities, making it an ideal location for businesses looking to establish a strong presence. With its rich cultural heritage, diverse economy, and high quality of life, Lawrence is an attractive destination for entrepreneurs and investors alike. The city's Retail Space For Lease market is particularly promising, with 17 available listings offering a range of options for businesses of all sizes. From trendy boutiques to restaurants and cafes, Lawrence's Retail Space For Lease market is poised to support a wide range of commercial ventures. The city's proximity to the University of Kansas, as well as its thriving music and art scene, makes it an attractive location for businesses that cater to students and young professionals. Additionally, Lawrence's strong infrastructure, including its transportation network and healthcare facilities, provides a solid foundation for businesses to grow and thrive.
Lawrence's Retail Space For Lease market is just one aspect of the city's diverse commercial landscape. In addition to Retail Space, the city is also home to a range of other property types, including Restaurants, Medical Offices, and Office Space. Restaurants, for example, can take advantage of the city's vibrant downtown area, which is known for its eclectic mix of eateries and bars. Medical Offices, on the other hand, can benefit from the city's strong healthcare infrastructure, which includes Lawrence Memorial Hospital and other top-notch medical facilities. Office Space, meanwhile, can be found in a range of locations throughout the city, from modern office parks to historic buildings in the downtown area. With its diverse range of property types and strong local economy, Lawrence is an attractive destination for businesses of all kinds.
What is the average cost per square foot for retail space in Lawrence?
The average cost per square foot for retail space in Lawrence is $19 USD per square foot, with available listings totaling 17 and average space sizes ranging from 5,112 square feet to 40,385 square feet.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as grocery stores or department stores, can positively impact surrounding retail space leases in Lawrence, Kansas, by attracting a high volume of foot traffic and increasing the desirability of the area, which can lead to higher lease rates and lower vacancy rates for nearby retail spaces, with currently 17 available listings of retail space for lease in Lawrence, offering an average annual rent of $19 USD per square foot and an average size of 5,112 square feet, with a maximum space size of 40,385 square feet.
