Melbourne, Florida, a city with a rich history and diverse economy, is an ideal location for businesses looking to establish a strong presence. With a population of over 80,000 residents, Melbourne offers a thriving retail market, making it an attractive destination for Retail Space For Lease. The city's strategic location, situated 72 miles southeast of Orlando and 175 miles northwest of Miami, provides easy access to major transportation facilities, including the Melbourne Orlando International Airport and the Florida East Coast Railway. Additionally, Melbourne is home to several major corporations, including Harris Corporation, Northrop Grumman, and Embraer, which contribute to the local economy. The city's amenities, such as hospitals, golf courses, cultural events, and museums, make it an attractive location for businesses and residents alike.
With 94 Retail Space For Lease available, Melbourne offers a range of options for businesses looking to establish a retail presence. The average annual rent per square foot is $21 USD, with spaces ranging from 100 square feet to 69,900 square feet. In addition to Retail Space, Melbourne also offers a range of other property types, including Restaurants, Medical Offices, and Office Space. For example, Restaurants in Melbourne can take advantage of the city's thriving tourism industry, while Medical Offices can benefit from the city's strong healthcare sector. Office Space in Melbourne can also capitalize on the city's growing technology industry. With its diverse economy and range of property types, Melbourne is an attractive destination for businesses looking to establish a strong presence.
What is the average cost per square foot for retail space in Melbourne?
The average cost per square foot for retail space in Melbourne is $21 USD per square foot, with an average size of 4,576 square feet and a maximum space size of 69,900 square feet, among the 94 available listings of retail space.
How do anchor tenants affect surrounding retail space leases?
An anchor tenant, such as a department store or grocery store, can positively impact surrounding retail space leases in Melbourne by increasing foot traffic, attracting a diverse customer base, and creating a synergistic shopping environment, which can lead to higher demand and rental rates for nearby retail spaces, with 94 available listings in Melbourne offering average annual rent of $21 USD per square foot and average size of 4,576 square feet, with some spaces reaching up to 69,900 square feet.
