St. Petersburg, Florida, is a city that offers a unique blend of business and leisure opportunities, making it an attractive location for entrepreneurs and investors looking to lease Retail Space. With a population of approximately 260,000, St. Petersburg provides a sizable customer base for businesses, and its proximity to Tampa Bay and the Gulf of Mexico makes it an ideal location for companies that rely on waterborne transportation. The city's infrastructure is well-developed, with easy access to major highways, airports, and seaports, ensuring that goods and services can be easily transported to and from the area. Additionally, St. Petersburg is home to several major institutions, including the University of South Florida St. Petersburg, Eckerd College, and St. Petersburg College, providing a skilled and educated workforce. The city's vibrant downtown area, which features a variety of cultural attractions, restaurants, and entertainment venues, makes it an attractive location for businesses that cater to tourists and locals alike.
St. Petersburg offers a range of Retail Space options for lease, with 123 listings currently available. These spaces vary in size, with average sizes ranging from 3,650 square feet to 88,002 square feet, and annual rents ranging from $11 USD to $31 USD. In addition to Retail Space, St. Petersburg also offers a range of other property types for lease, including Restaurants, Medical Offices, and Office Space. The city's diverse economy, which is driven by industries such as healthcare, retail, and professional services, ensures that there is a high demand for these types of properties. With its unique blend of business and leisure opportunities, St. Petersburg is an attractive location for entrepreneurs and investors looking to lease property.
What is the average cost per square foot for retail space in St. Petersburg?
The average cost per square foot for retail space in St. Petersburg is $31 USD per square foot, with an average size of 3,650 square feet and a maximum space size of 88,002 square feet available among the 123 listings currently on the market.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as department stores or grocery stores, can positively impact surrounding retail space leases in St. Petersburg by increasing foot traffic and attracting a steady customer base, which can lead to higher demand and potentially higher rental rates for nearby retail spaces, with 123 available listings in the area, offering an average annual rent of $31 USD per square foot, and an average size of 3,650 square feet, with some spaces reaching up to 88,002 square feet.
