Plano, Texas, is a hub for retail activity, making it an ideal location for Retail Space For Lease. With a strong economy and a population of around 285,000 residents, Plano offers a unique blend of small-town charm and big-city amenities. The city's infrastructure, including the Dallas Area Rapid Transit (DART) system, U.S. Highway 75, and the President George Bush Turnpike, makes it easily accessible to residents and visitors alike. Additionally, Plano is home to several major corporations, including Frito Lay, JCPenney, and Pizza Hut, which contributes to its thriving business environment. The city's many amenities, such as the Plano Aquatic Center, Bob Woodruff Park, and the Dog Park at Jack Carter Park, make it an attractive location for both businesses and residents.
With 93 Retail Space listings available for lease, Plano offers a diverse range of options for businesses looking to establish a presence in the area. The average annual rent per square foot for Retail Space in Plano is $26 USD, with spaces ranging in size from 250 square feet to 93,000 square feet. In addition to Retail Space, Plano is also home to a variety of other property types, including Restaurants, Medical Offices, and Office Space. For example, the city's many restaurants, such as those found in the Shops at Legacy, offer a range of dining options for residents and visitors. Medical Offices, like those found near the Plano Medical Center, provide convenient access to healthcare services. Meanwhile, Office Space, such as that found in the Legacy West development, offers a range of options for businesses looking to establish a presence in the area. Overall, Plano's diverse range of property types and amenities make it an attractive location for businesses and residents alike.
What is the average cost per square foot for retail space in Plano?
The average cost per square foot for retail space in Plano is $26 USD per square foot, with an average size of 4,434 square feet and a maximum space size of 93,000 square feet available among the 93 listings currently on the market.
How do anchor tenants affect surrounding retail space leases?
In Plano, Texas, anchor tenants, such as major department stores or grocery stores, can significantly impact surrounding retail space leases by driving foot traffic, increasing visibility, and creating a desirable shopping environment, which can lead to higher lease rates and a lower vacancy rate for nearby retail spaces, with 93 available listings, averaging $26 USD per square foot, and ranging in size from 4,434 square feet to 93,000 square feet.
