Retail Space Rents in Hudson Valley, NY
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 Hudson Valley asks $26.21 per square foot.
Retail Space Lease Types in Hudson Valley, NY
The most common type of lease agreement you’ll find here is NNN, with 31 space(s) available under this type of arrangement.
The local market is also home to 20 retail space(s) offered under a Full Service lease agreement type, and 18 Modified Gross listing(s).
Most Common Type of Lease for Retail Buildings in Hudson Valley, NY
- NNN
31
- Full Service
20
- Modified Gross
18
Average Size of Retail Space for Lease in Hudson Valley, NY
The average size for this type of rental opportunity in Hudson Valley is 1,000 sqft to 2,500 sqft. Currently, the local market offers 145 listing(s) within that size range.
You can also search 76 listing(s) in the 2,500 sqft to 5,000 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 Hudson Valley, NY
Retail space in Hudson Valley 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 Restaurant and you can find 16 such space(s) available.
Restaurant spaces listed for rent here have an average size of 3,445 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.
The local market is also home to 12 space(s) listed as Street Retail. The average size you can expect to find for this category is 1,729 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.
What’s more, you can find 2 listing(s) in the Neighborhood Center category, currently available in the average size of 3,350 square feet. Functioning like smaller-scale community centers, this type of space brings together several categories of retailers and other businesses to fulfill most or all of the needs of the population in the surrounding area.
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.
Top Locations to Lease Retail Space in Hudson Valley, NY
In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.
North Broadway is your top choice for lease opportunities, as it is currently home to the highest number of listings — 8 retail space(s).
Hudson Valley’s second most popular area is Central Valley, where you can find 8 retail listing(s).
Crestwood Lake is also among the best areas to search for your next commercial space. Here you can find 7 retail space(s) available for consideration by prospective tenants.
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
1313-1315-1317 North Avenue, Wykagyl, New Rochelle, NY