Parma, Ohio, a city located on the southern edge of Cleveland, is an ideal location for Retail Space For Lease, offering a unique blend of small-town charm and big-city amenities. With a strong focus on safety, Parma has been ranked as the third safest city in the United States with a population of 25,000 or more, making it an attractive destination for businesses and residents alike. The city's economy has seen significant growth, particularly in the commercial sector, with the development of small businesses and the presence of companies like General Motors and Cox Cable. Additionally, Parma features distinct shopping districts like The Shoppes at Parma, Ukrainian Village, and Polish Village, providing a diverse range of retail opportunities. With its rich history, strong educational system, and convenient infrastructure, Parma is an excellent location for businesses looking to establish a presence in the region.
With 24 Retail Space listings available For Lease, Parma 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 Parma is $18 USD, with sizes ranging from 600 square feet to 160,000 square feet. In addition to Retail Space, Parma also offers a range of other property types, including Restaurants, with their unique dining experiences, Medical Offices, providing essential healthcare services, and Office Space, ideal for businesses looking for a professional setting. With its diverse economy, strong infrastructure, and convenient location, Parma is an excellent choice for businesses looking to establish a presence in the region.
What is the average cost per square foot for retail space in Parma?
The average cost per square foot for retail space in Parma is $18 USD per square foot, with an average size of 7,333 square feet and a maximum space size of 160,000 square feet available among the 24 listings currently on the market.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as J.C. Penney, Dick's Sporting Goods, Marc's, and Walmart at The Shoppes at Parma, have a significant impact on surrounding retail space leases in Parma, Ohio, as they attract a high volume of foot traffic and create a desirable location for smaller retailers, ultimately driving up demand and rental rates for nearby retail spaces, with 24 available listings, averaging $18 USD per square foot, and ranging in size from 7,333 square feet to 160,000 square feet.
