Tuscaloosa, Alabama, is a city that offers a unique blend of history, education, and commerce, making it an ideal location for Retail Space For Lease. With a population of around 100,000, Tuscaloosa is a hub for industry, commerce, healthcare, and education in West Alabama. The city is home to the University of Alabama, Stillman College, and Shelton State Community College, which provides a significant economic and cultural influence. The presence of major corporations like BFGoodrich Tire Manufacturing, GAF Materials Corporation, and Mercedes-Benz U.S. International assembly plant also contributes to the city's economic landscape. Additionally, Tuscaloosa is known for its historical significance, being named after a Native American chief defeated by Spanish explorer Hernando de Soto in the 16th century, and is referred to as "The City of Champions" due to the success of the Alabama Crimson Tide football team.
Tuscaloosa offers a diverse range of Retail Space For Lease, with 13 listings available. These spaces range in size from 1,000 square feet to 42,000 square feet, with an average annual rent of $22 USD per square foot. The city's infrastructure, including the Tuscaloosa Regional Airport, the Tuscaloosa Transit Authority operating the Tuscaloosa Trolley System, and the Amtrak station on the Crescent line, makes it an attractive location for businesses. Other property types available in Tuscaloosa include Restaurants, Medical Offices, and Office Space, each offering unique opportunities for businesses to thrive. With its rich history, diverse economy, and excellent infrastructure, Tuscaloosa is an ideal location for businesses looking to establish a strong presence in the region.
What is the average cost per square foot for retail space in Tuscaloosa?
The average cost per square foot for retail space in Tuscaloosa is $22 USD per square foot, with 13 available listings ranging in size from 4,993 square feet to 42,000 square feet.
How do anchor tenants affect surrounding retail space leases?
In Tuscaloosa, where there are currently 13 available listings of retail space for lease, anchor tenants have a significant impact on surrounding retail space leases, as they attract a high volume of foot traffic and create a desirable location for smaller retailers, ultimately driving up demand and rental rates for nearby spaces, with average annual rent per square foot at $22 USD and average space size at 4,993 square feet, up to a maximum space size of 42,000 square feet.
