Sparks, Nevada, is an ideal location for a Retail Space For Lease, offering a unique blend of small-town charm and big-city amenities. With a population of around 100,000, Sparks provides a thriving environment for businesses to grow and flourish. The city's strategic location, nestled in the Reno-Sparks metropolitan area, makes it an attractive destination for entrepreneurs and investors alike. The presence of major corporations like Panasonic Energy, which operates Gigafactory 1 producing EV batteries for Tesla, is a testament to the city's business-friendly environment. Additionally, the Nugget Casino Resort, featuring the Nugget Event Center, is a prominent establishment in Sparks, serving as the city's first and only high-rise casino. The area south of the railroad in Sparks has seen growth in warehouses and light industry, contributing to the economic landscape of the city.
With 28 Retail Space For Lease available, Sparks offers a diverse range of options for businesses looking to establish a presence in the area. The city's infrastructure, including the Regional Transportation Commission of Washoe County (RTC) city bus system, the Reno Tahoe International Airport, and the Union Pacific Railroad, makes it an ideal location for businesses that require easy access to transportation. Restaurants, Medical Offices, and Office Space are also available in Sparks, offering a range of options for businesses looking to establish a presence in the area. With average annual rent per square foot ranging from $8 USD to $18 USD, and average space sizes ranging from 650 square feet to 45,000 square feet, Sparks provides a unique opportunity for businesses to thrive. Overall, Sparks is an attractive destination for businesses looking to establish a presence in the Reno-Sparks metropolitan area.
What is the average cost per square foot for retail space in Sparks?
The average cost per square foot for retail space in Sparks is $18 USD per square foot, with an average size of 4,964 square feet and a maximum space size of 45,000 square feet, among the 28 available listings of retail space for lease in the area.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as the Nugget Casino Resort, have a significant impact on surrounding retail space leases in Sparks, Nevada, as they attract a large customer base and increase foot traffic, making the surrounding area more desirable for retailers, which can drive up demand and rents, with currently 28 available listings of retail space, averaging $18 USD per square foot, and ranging in size from 4,964 square feet to 45,000 square feet.
