Draper, UT Warehouse Space for Rent.
Discover premium warehouse space for rent in the thriving Draper, UT, the epicenter of business and innovation. These state-of-the-art facilities offer exceptional storage solutions tailored to meet the evolving needs of businesses. With flexible leasing options and customizable spaces, you can optimize your operations and maximize efficiency. Strategically located near major transportation routes and with ample parking, these warehouses provide easy access and seamless logistics. Whether you're expanding your operations, seeking temporary storage, or require specialized facilities, Draper's warehouse space for rent caters to a wide range of industries. Leverage the advantages of Draper's business-friendly environment, skilled workforce, and proximity to Salt Lake City to drive your business success.
Benefits of Draper's, Industrial Market.
Draper, Utah, is an industrial market with a number of advantages for businesses looking to locate or expand in the area. These include:
- Central Location: Draper is strategically located in the heart of the Wasatch Front, providing easy access to major markets in Utah, Idaho, and Wyoming.
- Skilled Workforce: Draper has a highly skilled workforce with a strong work ethic and a commitment to quality.
- Business-Friendly Environment: Draper has a pro-business environment with low taxes, a streamlined permitting process, and a supportive local government.
- Excellent Infrastructure: Draper has excellent infrastructure, including a state-of-the-art transportation system, reliable utilities, and access to fiber optic networks.
- Affordable Land and Buildings: Land and buildings are available at competitive prices in Draper, making it a cost-effective location for businesses.
Why Draper is a Great Place to Locate a Business.
Draper, Utah is a prime location for businesses due to its:
- Proximity to Major Cities: Draper is conveniently located near Salt Lake City and Provo, offering access to a large workforce and customer base.
- Business-Friendly Environment: The city offers tax incentives, streamlined permitting processes, and a supportive business community.
- Highly Educated Workforce: Draper has a highly skilled workforce, with nearby universities and colleges providing a steady stream of qualified employees.
- Excellent Transportation Infrastructure: The city is well-connected by highways, railways, and airports, providing efficient transportation options for goods and services.
- Abundant Warehouse Space: Draper offers a wide range of modern and well-equipped warehouse spaces to accommodate businesses of all sizes.
- Growing Community: Draper is a rapidly growing community with a strong economy and a diverse population, providing businesses with a thriving market.
- Access to Amenities: The city features a variety of amenities, including shopping centers, restaurants, and recreational facilities, ensuring a convenient and comfortable living environment for employees.
- Scenic Location: Draper is nestled in the foothills of the Wasatch Mountains, offering breathtaking views and a natural backdrop for businesses.
Key Industries in Draper.
- Technology and Software - Draper is home to a number of technology and software companies, including Pluralsight, Podium, and Qualtrics.
- Manufacturing - Several manufacturing companies operate in Draper, including Rockwell Automation and Terex.
- Wholesale and Distribution - The city's proximity to Salt Lake City makes it a hub for wholesale and distribution businesses.
- Healthcare - Draper is home to the University of Utah Health, one of the leading healthcare providers in the state.
- Retail - The city has a number of retail stores, including Tanger Outlets and The Shops at South Town.
- Financial Services - Several financial services companies have offices in Draper, including Fidelity Investments and USAA.
- Education - Draper is home to several educational institutions, including Utah Valley University and the University of Phoenix.
- Government - The city of Draper is a major employer in the area.
Demographics.
- Population: 48,045
- Median Age: 36.3
- Median Household Income: $120,920
- Education: 37.6% of residents have a bachelor's degree or higher.
Market Statistics.
- Vacancy Rate: 5.8%
- Average Asking Rents: $14/SF/YR
- Total Inventory: 10,000,000 sq. ft.