We are going to attempt to answer the unanswerable about retail space for rent, we being the Fort Worth Design District, serving the Greater Fort Worth area with outstanding industrial space for lease and commercial space for lease. Call us at 817-439-3224 for more information about affordable rental space.
Now, let’s take a look at what we believe is an unanswerable question.
What does cheap retail space for rent even mean?
Cheap for whom? Cheap for a person scrimping and saving for the start-up cash to run a one-person clothing store? Or cheap for Elon Musk? Or, looked at another way, cheap for Fort Worth, or cheap for Los Angeles, or cheap for Deer Hollow, Michigan, because all three of those examples will have a different definition of “cheap.”
It is literally impossible to answer that question. Retail space for lease can range from $1.00 per square foot, per month, to $10 per square foot, per month. The rental price is almost always determined by the location of the property, and it can vary greatly from city to city but also from neighborhood to neighborhood within a city.
Having said all that, hopefully without depressing any of you, it is possible to find relatively inexpensive property for rent i.e. a shop for rent, a studio for rent, a retail shop for rent, if you are patient and willing to think out of the box.
Yes, there are good deals on retail space for rent.
Any business district where you find a great number of “for rent” signs in storefront windows will offer a fairly good deal on a rental; however, be advised that those “for rent” signs are indicative of a larger problem, namely the economy as a whole. What makes you, or anyone else, think they will be successful where others have failed? That may seem like a strange question for a real estate leasing company to ask, but we believe in crunching the truth with all of our clients.
We can show you, today, retail space for under $1000 per month, in a prime location in Fort Worth, but it still remains to be seen whether your business is healthy enough to handle even that low rental price.
We are just being real here, folks. We would rather you be aware of the risks going in than find out about them six months into a year’s lease.
Be patient and don’t rush into a decision.
As professionals in this field, we implore you to take your time, do your due diligence, and not rush into a decision which will affect you, and your business, for a long time into the future. Go look at a number of properties. Weight the pros and cons of each. Make sure the zoning laws are favorable for your business. Talk to other businesses in the area and ask the owners what they think of the area, the traffic flow, and the overall economic health of that area.
We are talking about exhaustive market research, but it will be time well-spent.
A final word about the Fort Worth Design District.
The Fort Worth Design District is actually three business parks in one creative enclave; Box Office Warehouse Suites, Paddock Place Office Suites, and the Golden Triangle Business Park. Call us and ask us about the $995 per month retail space at Box Office Warehouse Suites.