Farmington Hills, MI Warehouse Space for Rent.
Discover the prime location of Farmington Hills for your warehousing needs. With its central position in the Midwest, the city offers excellent connectivity to major highways and transportation hubs, allowing for seamless distribution. Farmington Hills boasts a thriving business community, providing access to a skilled workforce and comprehensive amenities. Its proximity to Detroit Metropolitan Wayne County Airport facilitates global logistics. Moreover, the city's modern infrastructure and ample land availability make it an ideal choice for businesses seeking warehouse space to support their operations and expansion plans. Explore our diverse range of options, from small units to large-scale facilities, tailored to meet your specific requirements and ensure efficient storage and distribution solutions.
Benefits of Farmington Hills's, Industrial Market.
Farmington Hills' industrial market boasts several advantages for businesses seeking warehouse space:
- Accessible Location: Farmington Hills is conveniently situated near major highways, providing seamless access to markets across the Midwest and beyond.
- Skilled Workforce: The city is home to a highly skilled workforce with expertise in various industries, ensuring a reliable talent pool.
- Established Infrastructure: Farmington Hills offers well-developed infrastructure, including utilities, transportation networks, and telecommunications, supporting efficient operations.
- Business-Friendly Environment: The city maintains a business-friendly climate with incentives and support programs designed to foster growth and success.
- Proximity to Major Markets: Its proximity to Detroit and other major cities provides access to vast consumer and business networks.
- Quality Warehouse Space: Farmington Hills offers a range of modern and high-quality warehouse facilities to meet the evolving needs of businesses.
Why Farmington Hills is a Great Place to Locate a Business.
Farmington Hills, MI is a prime location for businesses of all sizes, offering a range of benefits that make it an attractive destination for entrepreneurs and investors alike:
- Thriving Business Hub: With a robust economy and a diverse industry base, Farmington Hills is a thriving business hub that offers ample opportunities for growth and collaboration.
- Exceptional Workforce: The city boasts a highly skilled and educated workforce, providing access to a talented pool of employees for your business.
- Convenient Transportation: Farmington Hills is strategically located near major highways and airports, ensuring seamless connectivity and efficient transportation of goods and services.
- Favorable Business Climate: The city offers a supportive business climate with competitive tax rates, incentives, and programs designed to foster business growth.
- Access to Warehouse Space: Farmington Hills provides an ample supply of modern and well-equipped warehouse space suitable for businesses of various sizes and needs.
- Excellent Amenities: The city offers a wide range of amenities, including retail centers, restaurants, and entertainment venues, which enhance the quality of life for employees and visitors.
- Safe and Secure Environment: Farmington Hills is consistently ranked as one of the safest cities in Michigan, providing a secure and stable environment for businesses to operate and thrive.
Key Industries in Farmington Hills.
- Life Sciences: Home to major pharmaceutical, biotechnology, and medical device companies.
- Advanced Manufacturing: Specializing in automotive, aerospace, and defense industries.
- Technology: Hub for software development, data centers, and IT services.
- Retail and Hospitality: Boasts numerous shopping malls, restaurants, and hotels.
- Finance: Presence of financial institutions, including banks, investment firms, and insurance companies.
- Education: Home to Oakland University, providing highly skilled workforce for businesses.
- Healthcare: Abundance of hospitals, medical centers, and healthcare providers.
- Automotive: Close proximity to Detroit and major automakers.
Demographics.
- Population: 79,568
- Median Age: 39
- Median Household Income: $94,169
- Education: 71% of residents have a bachelor's degree or higher.
Market Statistics.
- Vacancy Rate: 5.8%
- Average Asking Rents: $12.50/SF/YR
- Total Inventory: 5,000,000 sq. ft.