Retail Space Rents in Lake Oswego, OR
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 Lake Oswego asks $26.25 per square foot.
Retail Space Lease Types in Lake Oswego, OR
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 2 retail space(s) offered under a Full Service lease agreement type.
Most Common Type of Lease for Retail Buildings in Lake Oswego, OR
Average Size of Retail Space for Lease in Lake Oswego, OR
The average size for this type of rental opportunity in Lake Oswego is 1,000 sqft to 2,500 sqft. Currently, the local market offers 15 listing(s) within that size range.
You can also search 7 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 Lake Oswego, OR
Retail space in Lake Oswego 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 3 such space(s) available.
Restaurant spaces listed for rent here have an average size of 4,025 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 2 space(s) listed as Interior Retail. The average size you can expect to find for this category is 4,379 square feet. Interior retail space can accommodate a wide variety of vendors and is designed specifically to enhance the experience of the clients and to encourage them to engage with the products and services that are being offered.
What’s more, you can find 1 listing(s) in the Street Retail category, currently available in the average size of 1,050 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.
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 Lake Oswego, OR
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.
Westlake is your top choice for lease opportunities, as it is currently home to the highest number of listings — 8 retail space(s).
Lake Oswego’s second most popular area is Mountain Park, where you can find 4 retail listing(s).
McVey - South Shore is also among the best areas to search for your next commercial space. Here you can find 4 retail space(s) available for consideration by prospective tenants, of which 1 are Interior Retail.
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
14559 Westlake Dr, Westlake, Lake Oswego, ORProperty
15070-15090 SW Bangy Road, Lake Forest, Lake Owego, ORProperty
11830 SW Kerr Parkway, Mountain Park, Lake Oswego, ORProperty
8 Centerpointe Dr, Westlake, Lake Oswego, OR