Warehouse Space in Bloomington

Bloomington Warehouses Available for Lease

Bloomington, IL Warehouse Space for Rent.

Are you looking for Bloomington warehouse space for rent? You are sure to find what you need from the wide assortment of loading docks, drive-in doors, ceiling heights and sizes. Bloomington warehouses offer convenient access to Interstates 55, 74 and 39. Situated in Central Illinois, Bloomington lies 130 miles southwest of Chicago and 175 miles northeast of St. Louis, placing you within a day’s drive of one-third of the U.S. population. If you are searching for warehouse space for rent in Bloomington, we can help.

Benefits of Bloomington's, Industrial Market.

Bloomington's industrial market offers numerous advantages for businesses seeking warehouse space.

• Strategic Location: Situated at the intersection of Interstates 55 and 74, Bloomington provides excellent access to major markets in the Midwest and beyond.
• Cost-Effective: Competitive real estate costs, taxes, and utilities make Bloomington an attractive option for businesses looking to minimize expenses.
• Skilled Workforce: Bloomington boasts a skilled and readily available workforce, providing access to a diverse labor pool.
• Transportation Infrastructure: The city's well-developed transportation infrastructure includes a regional airport, intermodal rail facility, and extensive highway network, facilitating efficient distribution and logistics operations.
• Growth Potential: Bloomington's thriving economy and population growth provide ample opportunities for businesses to expand and succeed.

Why Bloomington is a Great Place to Locate a Business.

Bloomington IL: An Ideal Location for Businesses

• Central Location: Bloomington is strategically located at the intersection of Interstates 55 and 74, providing excellent access to major markets and transportation hubs.
• Skilled Workforce: The city boasts a highly skilled and experienced workforce, with a strong educational system that produces qualified employees.
• Business-Friendly Environment: Bloomington offers a supportive business environment with low taxes, favorable regulations, and incentives for new and expanding businesses.
• Abundant Warehouse Space: The city has a large inventory of warehouse and industrial space available for lease, meeting the needs of businesses of all sizes.
• Quality of Life: Bloomington provides a high quality of life with affordable housing, excellent schools, and a vibrant cultural scene, making it an attractive place for employees and families.
• Transportation Infrastructure: In addition to its central location, Bloomington is well-connected by highways, railroads, and the Central Illinois Regional Airport, ensuring efficient and cost-effective transportation.

Key Industries in Bloomington.

• Healthcare - Bloomington is home to a large presence of hospitals, medical clinics, and research facilities.
• Manufacturing - The city has a strong manufacturing industry, with a focus on agricultural equipment, electronics, and plastics.
• Agriculture - Bloomington is located in the heart of the Midwest corn belt, making agriculture a major industry.
• Education - Illinois State University is located in Bloomington, contributing to the city's educational sector.
• Retail and Hospitality - Bloomington offers a variety of retail stores, restaurants, and hotels due to its location at the crossroads of major interstates.
• Transportation and Logistics - Bloomington's central location and interstate access make it a key transportation hub.
• Technology - The city is home to several technology companies, including State Farm Insurance and Country Financial.
• Financial Services - Several banks and financial institutions have a presence in Bloomington, making it a regional financial center.

Demographics.

• Population: 71,824
• Median Age: 37.5
• Median Household Income: $56,351
• Education: 30.2% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: According to the latest available data from real estate research firm CoStar, Bloomington, IL's industrial vacancy rate is 12.6%.%
• Average Asking Rents: $7-$12/SF/YR
• Total Inventory: 10,000,000 sq. ft.