Retail Space Rents in Edmond, OK
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 Edmond asks $17.28 per square foot.
Retail Space Lease Types in Edmond, OK
The most common type of lease agreement you’ll find here is NNN, with 17 space(s) available under this type of arrangement.
The local market is also home to 2 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 Edmond, OK
- NNN
17
- Modified Gross
2
- Full Service
2
Average Size of Retail Space for Lease in Edmond, OK
The average size for this type of rental opportunity in Edmond is 1,000 sqft to 2,500 sqft. Currently, the local market offers 38 listing(s) within that size range.
You can also search 28 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 Edmond, OK
Retail space in Edmond 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 Community Center and you can find 1 such space(s) available.
Community Center spaces listed for rent here have an average size of 1,825 square feet. Community centers can incorporate grocery stores, discount department stores, large drugstores, and more. They’re meant to offer one-stop-shop convenience for residents of the surrounding area, so consider the local customer base when looking to lease a community center space.
The local market is also home to 1 space(s) listed as Freestanding. The average size you can expect to find for this category is 2,966 square feet. Freestanding retail spaces or buildings are a great choice for businesses that need more room to carry out their day-to-day operations and want to stand out. Being located on their own lot and generally featuring more generous showroom and storage space than other such space types, freestanding retail offers tenants the leeway to build the experience they want.
What’s more, you can find 1 listing(s) in the Power Center category, currently available in the average size of 1,435 square feet. Power centers bring together large anchor tenants as well as smaller retail spaces for other businesses that want a piece of the great foot traffic that this type of shopping center can generate.
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
301 S. Bryant Ave, Edmond, OK