Pawtucket, Rhode Island, is a city that offers a unique blend of history, culture, and commerce, making it an attractive location for businesses looking to establish a presence in the area. With a population of around 80,000, Pawtucket provides a diverse demographic makeup, with various racial and ethnic groups represented. The city's rich history, including its role in the Industrial Revolution, has contributed to its mix of residential, commercial, and industrial areas, with notable industries including textiles, jewelry, and toy manufacturing. Hasbro, a Fortune 1000 toy and game making company, is headquartered in Pawtucket, and the city is also home to many healthcare, retail, and insurance companies. Additionally, Pawtucket's infrastructure, including transportation services such as RIPTA local bus routes and the R-Line, as well as the Pawtucket/Central Falls station on the MBTA Commuter Rail Providence/Stoughton Line, makes it an ideal location for businesses that require easy access to major transportation hubs.
When it comes to Commercial Real Estate Properties For Lease in Pawtucket, there are currently 37 options available. With an average annual rent of $12 USD per square foot, and sizes ranging from 138 to 254,127 square feet, businesses can find a property that suits their needs. In addition to Commercial Real Estate Properties, Pawtucket also offers Office Space, Coworking Space, Retail Space, and Industrial options, each with its own unique characteristics and benefits. For example, Office Space in Pawtucket is ideal for businesses that require a professional setting, while Coworking Space provides a collaborative environment for startups and entrepreneurs. Retail Space in Pawtucket is perfect for businesses that need to be close to customers, and Industrial options are suitable for companies that require specialized facilities. Overall, Pawtucket's diverse range of property types and amenities make it an attractive location for businesses of all sizes and industries.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Pawtucket, Rhode Island, there are several key factors to consider, including:
- Location: proximity to major transportation hubs, such as Interstate 95 and U.S. 1, as well as access to public transportation options like RIPTA bus routes and the R-Line, can impact the success of your business.
- Space requirements: with an average size of 13,353 square feet and a maximum space size of 254,127 square feet, it's essential to determine the right amount of space for your business needs.
- Cost: with an average annual rent of $12 USD per square foot, you'll want to factor in the total cost of the lease, including any additional fees or expenses, to ensure it fits within your budget.
With 37 available listings of commercial real estate for lease in Pawtucket, it's crucial to carefully consider these factors to find the right space for your business.
How do I determine the right size and type of commercial property to rent for my business needs?
When determining the right size and type of commercial property to rent for your business needs in Pawtucket, Rhode Island, it's essential to consider factors such as the number of employees, equipment requirements, and customer traffic. With 37 available listings of commercial real estate for lease in Pawtucket, you'll want to narrow down your options based on your specific business requirements.
Here are a few key considerations to keep in mind:
- Average annual rent per square foot is $12 USD, and average size is 13,353 square feet, with a maximum space size of 254,127 square feet.
- Think about the type of commercial property that best suits your business, such as office space, retail, or industrial, and consider the proximity to major transportation routes, including Interstate 95 and U.S. 1.
- Assess your business's specific needs, including parking, loading and unloading areas, and accessibility for employees and customers.
