What Retail Space Rent & Type to Expect in Orion, MI
In Orion, the average cost per square foot of renting retail space comes up to $6.54, 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 Orion is NNN, with 8 space(s) available for rent under such an agreement.
Most Common Type of Lease for Retail Listings in Orion, MI
Data based on retail spaces listed for rent on PropertyShark.com.
Learn More About Retail Space Listings in Orion, MI
There is a total of 138,093 square feet of retail space in Orion.
This includes retail spaces ranging from 1,197 to 23,299 square feet.
Most retail spaces in Orion are sized more than 5,000 sqft, with 8 retail listing(s) falling in this category.
Orion is also home to 7 listing(s) in the 1,000 sqft to 2,500 sqft size range.
Retail Size Bucket
No. of Listings
more than 5,000 sqft
8
2,500 sqft to 5,000 sqft
6
1,000 sqft to 2,500 sqft
7
Most retail spaces in Orion fall within the Strip Retail category, of which you can find 4 space(s) listed locally.
On average, this type of commercial space offers 9,447 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.
Orion also hosts 3 Street Retail space(s), which have an average square footage of 1,794 square feet.
A favorite of boutique shoppers worldwide, street retail properties offer businesses great access to urban and suburban customer bases. Generally being smaller in size, these retail spaces can be a great choice for some categories of retail businesses.
The third most popular type of retail space in the Orion market is Freestanding, of which you’ll see 1 listing(s).
Freestanding spaces span 11,900 square feet on average.
Freestanding retail is a single-tenant retail space for entrepreneurs that want to stand out or have more room for personalization, showroom and storage. This type of retail can perfectly suit the needs of businesses like drive-through restaurants, being usually located next to a high-transit thoroughfare and featuring ample parking for customers.
Orion, MI Retail for Lease Listings by Retail Use Type
- Strip Retail
4
- Street Retail
3
- Freestanding
1
Data based on retail spaces listed for rent on PropertyShark.com.