Retail Space Rents in Pasadena, TX
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 Pasadena asks $14.1 per square foot.
Retail Space Lease Types in Pasadena, TX
The most common type of lease agreement you’ll find here is NNN, with 12 space(s) available under this type of arrangement.
Most Common Type of Lease for Retail Buildings in Pasadena, TX
Average Size of Retail Space for Lease in Pasadena, TX
The average size for this type of rental opportunity in Pasadena is 1,000 sqft to 2,500 sqft. Currently, the local market offers 30 listing(s) within that size range.
You can also search 12 listing(s) in the more than 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 Pasadena, TX
Retail space in Pasadena 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 4 such space(s) available.
Restaurant spaces listed for rent here have an average size of 4,231 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 1 space(s) listed as Retail (Other). The average size you can expect to find for this category is 1,000 square feet. Retail spaces come in many shapes and designs. Some are specifically tailored to the tenant that uses them, others are more generic space that can easily be reconfigured to accommodate different kinds of businesses over time.
What’s more, you can find 1 listing(s) in the Retail Pad category, currently available in the average size of 20,000 square feet. Also referred to as a pad site or an outparcel, the retail pad basically refers to a freestanding commercial real estate parcel that is located near to or in the front of a larger shopping center, strip mall, or similar property.
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 Pasadena, TX
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.
San Jacinto College is your top choice for lease opportunities, as it is currently home to the highest number of listings — 10 retail space(s).
Pasadena’s second most popular area is Alta Vista Acres, where you can find 10 retail listing(s).
Fairmont 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
2619 Red Bluff Road, East Pasadena, Pasadena, TXProperty