Lynn, Massachusetts, is a historic city that offers a unique blend of colonial history, cultural diversity, and contemporary amenities, making it an attractive location for businesses looking to establish a presence in the area. With a diverse population of around 90,000 residents, Lynn provides a strong customer base for retailers. The city's economy has evolved from its industrial roots to become a hub for creative placemaking, with major corporations like General Electric and Eastern Bank calling Lynn home. Additionally, Lynn's proximity to Boston and its access to major transportation routes, including the MBTA Commuter Rail system and Massachusetts State Route 1A, make it an ideal location for businesses that need to connect with the wider region. With its rich history, cultural attractions, and modern amenities, Lynn is a great place to do business, and its Retail Space For Lease offers a prime opportunity for entrepreneurs and businesses to establish a foothold in the area.
Lynn's Retail Space For Lease offers a unique opportunity for businesses to tap into the city's vibrant cultural scene and diverse customer base. With 7 listings available, there's a wide range of options to choose from, with average annual rents per square foot of $31 USD and sizes ranging from 400 square feet to 19,250 square feet. In addition to Retail Space, Lynn also offers a range of other property types, including Restaurants, which can take advantage of the city's thriving food scene, Medical Offices, which can serve the city's diverse population, and Office Space, which can provide a hub for businesses looking to establish a presence in the area. With its unique blend of history, culture, and modern amenities, Lynn is a great place to do business, and its Retail Space For Lease offers a prime opportunity for entrepreneurs and businesses to establish a foothold in the area.
What is the average cost per square foot for retail space in Lynn?
The average cost per square foot for retail space in Lynn is $31 USD per square foot, with an average size of 5,288 square feet and a maximum space size of 19,250 square feet among the 7 available listings.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as large department stores or supermarkets, can have a significant impact on surrounding retail space leases in Lynn, Massachusetts, as they tend to attract a high volume of foot traffic, increasing the desirability of nearby retail spaces, which can lead to higher lease rates and a more competitive market, with 7 available listings, averaging $31 USD per square foot, and ranging in size from 5,288 square feet to 19,250 square feet.
