Decatur Illinois Industrial Warehouse Spaces for Rent

Decatur, IL Warehouse Space for Rent.

Decatur, IL is a prime location for warehousing and distribution with its central position in the Midwest and access to major transportation routes. The city boasts an abundance of warehouse space for rent in various sizes and configurations. These facilities are often equipped with modern amenities such as high ceilings, loading docks, and climate control. Decatur's competitive rental rates, skilled workforce, and proximity to population centers make it an ideal choice for businesses seeking reliable and efficient storage and distribution solutions.

Benefits of Decatur's, Industrial Market.

Decatur, Illinois Offers Several Advantages for Industrial Businesses:

• Central Location: Decatur is situated at the intersection of major highways, providing excellent connectivity to major markets throughout the Midwest and beyond.
• Abundant Workforce: The Decatur area has a skilled and experienced workforce, ensuring a reliable pool of labor for industrial operations.
• Competitive Costs: Decatur offers competitive costs for land, labor, and utilities, making it an attractive destination for businesses seeking to reduce operating expenses.
• Foreign Trade Zone: Decatur is home to a Foreign Trade Zone, providing businesses with numerous incentives and tariff reductions for international trade.
• Intermodal Transportation Hub: Decatur is a major intermodal transportation hub, with access to rail, truck, and air transportation, facilitating efficient and cost-effective distribution of goods.
• Strong Economic Climate: Decatur's strong economic climate, driven by a diverse range of industries, provides a stable and supportive environment for businesses.
• Government Incentives: The city of Decatur offers various incentives, such as tax abatements and grants, to support industrial development and job creation.
• Quality of Life: Decatur offers a high quality of life, with affordable housing, excellent schools, and a variety of recreational and cultural amenities.

Why Decatur is a Great Place to Locate a Business.

Decatur, Illinois is a strategic location for businesses seeking efficient and cost-effective warehouse space. With its central location, skilled workforce, and competitive business climate, Decatur offers several advantages for business operations.

• Central Location: Decatur is situated at the intersection of major highways, including I-72 and I-57, providing easy access to major markets and transportation hubs.
• Ample Warehouse Space: Decatur boasts a wide selection of warehouse spaces available for rent, ranging from small distribution centers to large-scale facilities.
• Competitive Rates: Warehousing costs in Decatur are comparatively lower than in larger metropolitan areas, offering significant savings on operating expenses.
• Skilled Workforce: Decatur has a skilled workforce with experience in logistics, warehousing, and distribution, ensuring efficient operations and a reliable labor pool.
• Intermodal Accessibility: Decatur is served by rail and intermodal transportation facilities, offering seamless connectivity to major markets and ports.
• Business-Friendly Climate: Decatur provides a supportive business climate with incentives, tax breaks, and workforce training programs tailored to the needs of businesses.
• Low Cost of Living: The cost of living in Decatur is significantly lower than in many other regions, reducing overhead expenses and improving employee affordability.
• Reliable Infrastructure: Decatur has a robust infrastructure, including reliable utilities, telecommunications, and transportation systems, ensuring uninterrupted business operations.
• Growing Industrial Hub: Decatur is emerging as an industrial hub with a growing number of businesses in manufacturing, distribution, and logistics, offering opportunities for collaboration and growth.

Key Industries in Decatur.

• Manufacturing Decatur is home to a diverse range of manufacturing facilities, including agricultural equipment, appliances, and automotive parts production.
• Agriculture The city is a major hub for the processing and distribution of agricultural commodities, particularly soybeans and corn.
• Healthcare Decatur is home to several major healthcare providers, including hospitals, clinics, and nursing homes.
• Logistics The city's strategic location at the crossroads of major highways and railroads makes it a hub for warehousing and distribution.
• Education Decatur is home to Millikin University, a private liberal arts college, and Richland Community College, a public two-year college.
• Technology The city is home to several technology companies, specializing in areas such as software development, data analytics, and cybersecurity.
• Retail Decatur offers a wide range of retail options, including national chains and local boutiques.
• Tourism The city is home to several historical landmarks and cultural attractions, including the Decatur Art Institute and the Lincoln Trail Homestead State Park.

Demographics.

• Population: 76,989
• Median Age: 34.7
• Median Household Income: $56,782
• Education: 24.2% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 6.1%
• Average Asking Rents: $12.50/SF/YR
• Total Inventory: 23,242,000 sq. ft.