Retail Space Rents in Tupelo, MS
Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Tupelo asks $12.97 per square foot.
Retail Space Lease Types in Tupelo, MS
The most common type of lease agreement you’ll find here is NNN, with 5 space(s) available under this type of arrangement.
The local market is also home to 3 retail space(s) offered under a Modified Gross lease agreement type, and 2 Full Service listing(s).
Most Common Type of Lease for Retail Buildings in Tupelo, MS
- NNN
5
- Modified Gross
3
- Full Service
2
Average Size of Retail Space for Lease in Tupelo, MS
The average size for this type of rental opportunity in Tupelo is more than 5,000 sqft. Currently, the local market offers 9 listing(s) within that size range.
You can also search 7 listing(s) in the 1,000 sqft to 2,500 sqft range.
It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.
Retail Space Types You Can Lease in Tupelo, MS
Retail space in Tupelo comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Street Retail and you can find 8 such space(s) available.
Street Retail spaces listed for rent here have an average size of 4,533 square feet. You’ll find street retail spaces are mostly located in urban and suburban areas that have high foot traffic. This type of space is often a great choice for smaller retailers that are looking for well-positioned points of sale.
The local market is also home to 3 space(s) listed as Regional Mall. The average size you can expect to find for this category is 13,614 square feet. Regional shopping centers or regional malls are among the largest retail properties you can find. They tend to bring together a large number of customers with a wide array of businesses ready to cater to a diverse array of needs and interests.
However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.
Key Factors to Consider When Choosing a Retail Space for Lease
When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.
Data based on retail spaces listed for rent on CommercialSearch.com
1811 South Gloster Street, Tupelo, MSProperty
1228 W Main St, Tupelo, MSProperty
2230 Rabbit Drive , Tupelo, MSProperty
1713 - 1715 McCullough Boulevard, Tupelo, MSProperty
3944-3952 North Gloster Street, Tupelo, MSProperty
4970 Raymond Ave, Tupelo, MSProperty
507 N Gloster St, Tupelo, MSProperty
404 North Gloster Street, Tupelo, MSProperty