Andover, KS Warehouse Space for Rent.
Andover, Kansas, offers a prime location for warehouse space rentals due to its strategic proximity to major transportation routes and distribution hubs. With its convenient access to interstates and highways, this city provides businesses with efficient logistics and distribution capabilities. The available warehouse spaces cater to a wide range of needs, from small storage units to expansive facilities suitable for large-scale operations. Andover's favorable business environment, coupled with its modern infrastructure and skilled workforce, makes it an ideal destination for businesses seeking cost-effective and efficient warehouse solutions.
Benefits of Andover's, Industrial Market.
Andover's Robust Industrial Market Offers Competitive Advantages for Warehousing and Distribution
- Central Location: Situated in the heart of the Midwest, Andover provides easy access to major transportation routes, including interstates 35 and 70, facilitating efficient distribution to surrounding regions.
- Labor Availability: Andover boasts a skilled labor force with a strong work ethic, ensuring a reliable workforce for warehousing operations.
- Abundant Land: The availability of ample land allows for the construction of custom-tailored warehouse facilities to meet specific business requirements.
- Tax Incentives: Andover offers tax incentives and financial assistance programs to support businesses looking to establish or expand their operations.
- Growing Economy: As a part of the Wichita metropolitan area, Andover benefits from a thriving economy, providing opportunities for businesses to grow and succeed.
- Pro-Business Environment: Andover's government and community are committed to attracting and supporting businesses, creating a favorable environment for warehouse operations.
Why Andover is a Great Place to Locate a Business.
Andover, Kansas offers exceptional advantages for businesses seeking optimal warehouse space. Here's why:
- Centralized Location: Andover's proximity to major highways and interstates (I-35, US-50, and K-96) ensures seamless access to regional markets.
- Established Infrastructure: The city features a well-developed transportation network, utilities, and broadband connectivity, providing essential infrastructure for efficient business operations.
- Skilled Workforce: Andover's proximity to Wichita and surrounding areas ensures access to a skilled and experienced workforce, reducing recruitment and training costs.
- Business-Friendly Environment: The city offers incentives, tax breaks, and streamlined permitting processes, creating a favorable business climate for warehouse operations.
- Low Operating Costs: Compared to other major metropolitan areas, Andover offers lower operating costs, including competitive utility rates, real estate prices, and labor expenses.
- Active Business Community: Andover is home to a vibrant business community, offering networking opportunities and collaboration with other businesses.
- Quality of Life: The city provides a high quality of life for employees, with excellent schools, healthcare facilities, and recreational amenities.
Key Industries in Andover.
- Manufacturing: Andover is home to a diverse range of manufacturing companies, including the global headquarters of Spirit AeroSystems.
- Distribution and Logistics: Its location at the intersection of major interstates and railways makes it a prime destination for distribution and logistics companies.
- Energy: The city is a hub for the energy industry, with several companies involved in oil and gas production and transportation.
- Aerospace: Spirit AeroSystems and other aerospace companies have a strong presence in Andover.
- Healthcare: Several healthcare facilities and providers have operations in the city, including Andover Medical Center.
- Retail and Services: Andover offers a variety of retail stores, restaurants, and service businesses.
- Education: Andover Public Schools provides high-quality education to students in the community.
Demographics.
- Population: 11,559
- Median Age: 37.1
- Median Household Income: $61,000
- Education: 31% of residents have a bachelor's degree or higher.
Market Statistics.
- Vacancy Rate: 14.1%
- Average Asking Rents: $9.55/SF/YR
- Total Inventory: 2,150,000 sq. ft.