What Retail Space Rent & Type to Expect in Northwest Ohio, OH
In Northwest Ohio, the average cost per square foot of renting retail space comes up to $12.73, 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 Northwest Ohio is NNN, with 38 space(s) available for rent under such an agreement.
You can also find 7 option(s) available with Full Service lease agreements, and 5 Modified Gross listing(s).
Most Common Type of Lease for Retail Listings in Northwest Ohio, OH
- NNN
38
- Full Service
7
- Modified Gross
5
Data based on retail spaces listed for rent on PropertyShark.com.
Learn More About Retail Space Listings in Northwest Ohio, OH
There is a total of 1,307,671,791 square feet of retail space in Northwest Ohio.
This includes retail spaces ranging from 341 to 1,306,800,000 square feet.
Most retail spaces in Northwest Ohio are sized more than 5,000 sqft, with 56 retail listing(s) falling in this category.
Northwest Ohio is also home to 54 listing(s) in the 1,000 sqft to 2,500 sqft size range.
Retail Size Bucket
No. of Listings
more than 5,000 sqft
56
2,500 sqft to 5,000 sqft
41
1,000 sqft to 2,500 sqft
54
less than 1,000 sqft
10
Most retail spaces in Northwest Ohio fall within the Street Retail category, of which you can find 10 space(s) listed locally.
On average, this type of commercial space offers 2,999 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.
Northwest Ohio also hosts 6 Restaurant space(s), which have an average square footage of 4,733 square feet.
Restaurant retail space offers tenants all the amenities that such an establishment might need to prepare and serve food on the premises. That usually includes a seating area, separate kitchen and storage.
The third most popular type of retail space in the Northwest Ohio market is Neighborhood Center, of which you’ll see 3 listing(s).
Neighborhood Center spaces span 1,052 square feet on average.
Neighborhood centers operate like smaller power centers or malls, bringing together retailers from a multitude of categories while also trying to attract customers through the convenience of proximity.
Northwest Ohio, OH Retail for Lease Listings by Retail Use Type
- Street Retail
10
- Restaurant
6
- Neighborhood Center
3
- Strip Retail
3
Data based on retail spaces listed for rent on PropertyShark.com.
Where You Are Most Likely to Find Retail Space in Northwest Ohio, OH
Some neighborhoods become famed shopping destinations thanks to their long retail history. Other times, an area’s potential for shoppers is boosted by the opening of a large shopping mall, attracting more retail development to take advantage of the influx of shoppers.
DeVeaux is Northwest Ohio's most popular neighborhood for retail, currently home to 13 listing(s).
The most popular retail space type in DeVeaux is Restaurant, of which you can currently find 1 listing(s).
Another popular area for retail space in Northwest Ohio is Franklin Park, which currently offers 11 retail listing(s).
In the Franklin Park neighborhood, the most common subtype of retail is Restaurant. You can find 2 Restaurant listing(s) here.
Glendale - Heatherdowns can also be counted among the best areas of Northwest Ohio for retail leasing opportunities. This Glendale - Heatherdowns submarket currently offers 6 retail listing(s).
DeVeaux
13
Franklin Park
11
Glendale - Heatherdowns
6
Downtown Toledo
4
Whitmer - Trilby
4