Richardson, Texas, is a prime location for businesses looking to establish a strong presence in the telecommunications and technology industries. With its rich history dating back to the 1840s, Richardson has evolved into a hub for major companies, including AT&T, Verizon, Cisco Systems, and Samsung, making it an ideal location for Retail Space For Lease. The city's strong employment base in the insurance industry, coupled with its well-connected infrastructure, including the President George Bush Turnpike and the Dallas Area Rapid Transit (DART) Light Rail line, makes it an attractive destination for businesses and residents alike. Richardson's comprehensive trail network, bike lanes, and recreational amenities also contribute to its appeal, earning it a Bronze Bicycle Friendly Community designation. With a population of around 120,000, Richardson offers a diverse range of industries and major employers, ensuring a strong and stable economy.
With 63 Retail Space For Lease available, Richardson offers a range of options for businesses looking to establish a presence in the city. The average annual rent per square foot for Retail Space in Richardson is $22 USD, with sizes ranging from 1 square feet to 52,639 square feet. In addition to Retail Space, Richardson also offers a range of other property types, including Restaurants, with their vibrant dining scene, Medical Offices, with their state-of-the-art facilities, and Office Space, with their modern amenities. Whether you're looking to establish a new business or expand an existing one, Richardson's diverse range of property types and amenities make it an ideal location. With its strong economy, rich history, and vibrant community, Richardson is a great place to do business and travel, with attractions like the Charles W. Eisemann Center for Performing Arts and the University of Texas at Dallas campus.
What is the average cost per square foot for retail space in Richardson?
The average cost per square foot for retail space in Richardson is $22 USD per square foot, with an average size of 4,260 square feet and a maximum space size of 52,639 square feet, among the 63 available listings of retail space for lease in the area.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as major department stores or grocery stores, can have a significant impact on surrounding retail space leases in Richardson, Texas, as they often attract a high volume of foot traffic and can increase the desirability of nearby retail spaces, leading to higher lease rates and lower vacancy rates, with currently 63 available listings of retail space for lease in Richardson, offering an average annual rent of $22 USD per square foot, with an average size of 4,260 square feet, and a maximum space size of 52,639 square feet.
