Boundaries for Columbus Circle
Lease retail Columbus Circle, which is located in Midtown Manhattan and is bound by Eighth Avenue, Broadway, Central Park South, and Central Park West at the southwest corner of Central Park.
Retail Trends in Columbus Circle
For those looking to rent retail Columbus Circle or lease retail Columbus Circle the market trends for Columbus Circle are as follows.
Retail in Columbus Circle has been dominated by the retail center known as The Shops at Columbus Circle, which is located in the Time Warner Center. Columbus Circle provides a number of retail markets for prospecting businesses. Columbus Circle maintains a high number of foot traffic from tourists and from the surrounding commercial buildings. In addition, Midtown residential developments create further foot traffic from consumers who live near Columbus Circle. All factors considered, Columbus Circle hosts one of the highest consumer volumes in addition to its long sales cycles.
Retail Spaces Available
Affordable retail space in Columbus Circle includes the following locations and prices. West 57th Street & Eight Avenue contains 600 square feet of retail space asking $20,000 a month. Seventh Avenue & West 55th Street contains 600 square feet and is also asking $20,000 a month. Additional Columbus Circle Retail Space for lease includes the following, Broadway & West 54th Street, and Ninth Avenue and West 51st Street.
History of Retail in Columbus Circle
Tenants are attracted to Columbus Circle Retail Space for rent, due to, as mentioned previously, high volumes of foot traffic, in addition to long sales cycles. Columbus Circle is strategically positioned, absorbing high volumes of commuters and tourists due to its location at the south western corner of Central Park, and intersection with Broadway. Retailers who rely on high volume and long sales cycles prefer to lease retail Columbus Circle.