What Retail Space Rent & Type to Expect in Somerset, KY
In Somerset, the average cost per square foot of renting retail space comes up to $7.59, based on local retail spaces listed for lease on our website. This price can be influenced by several factors, such as location, retail space type, space size, and the structure or type of the lease.
The most popular lease type in Somerset is NNN, with 2 space(s) available for rent under such an agreement.
Most Common Type of Lease for Retail Listings in Somerset, KY
Data based on retail spaces listed for rent on PropertyShark.com.
Learn More About Retail Space Listings in Somerset, KY
There is a total of 117,680 square feet of retail space in Somerset.
This includes retail spaces ranging from 1,000 to 66,646 square feet.
Most retail spaces in Somerset are sized 1,000 sqft to 2,500 sqft, with 7 retail listing(s) falling in this category.
Somerset is also home to 3 listing(s) in the more than 5,000 sqft size range.
Retail Size Bucket
No. of Listings
more than 5,000 sqft
3
2,500 sqft to 5,000 sqft
2
1,000 sqft to 2,500 sqft
7
Most retail spaces in Somerset fall within the Power Center category, of which you can find 6 space(s) listed locally.
On average, this type of commercial space offers 6,353 square feet.
Power centers include at least one big box anchor tenant, in addition to smaller additional retail spaces for rent that can give other businesses great exposure.
Somerset also hosts 3 Strip Retail space(s), which have an average square footage of 2,639 square feet.
Strip retail spaces target customers that intend to make a single stop for all their shopping needs. To that end, businesses that intend to rent a strip retail space can benefit greatly from filling a niche in a strip mall or complementing the other stores around them.
Somerset, KY Retail for Lease Listings by Retail Use Type
- Power Center
6
- Strip Retail
3
Data based on retail spaces listed for rent on PropertyShark.com.