Frankfort, KY Warehouse Space for Rent.
Frankfort, Kentucky, offers exceptional warehouse space for rent, catering to businesses seeking storage solutions. These warehouses boast ample square footage, high ceilings, and modern amenities, ensuring efficient operations. Their strategic location near major highways and transportation hubs provides convenient access to markets throughout the region. With flexible lease terms and competitive rates, Frankfort warehouses provide businesses with cost-effective storage and distribution options. Whether you require short-term or long-term rentals, temperature-controlled spaces, or customizable layouts, Frankfort has a range of warehouse options to meet your specific needs.
Benefits of Frankfort's, Industrial Market.
Frankfort's Industrial Market offers numerous advantages for businesses seeking warehouse space:
- Strategic Location: Frankfort is centrally situated in the Bluegrass Region, providing access to major cities and transportation hubs.
- Skilled Workforce: The area boasts a highly skilled and experienced workforce with access to training programs and educational institutions.
- Business-Friendly Environment: Frankfort has a pro-business climate with tax incentives, financial assistance, and streamlined permitting processes.
- Affordable Land and Labor: Compared to other major industrial markets, Frankfort offers competitive land and labor costs, making it an attractive location for businesses.
- Transportation Infrastructure: The region is served by major highways, rail lines, and an international airport, facilitating efficient transportation and distribution.
- Growing Logistics Industry: Frankfort is a growing hub for logistics and distribution companies, providing opportunities for collaboration and supply chain efficiency.
- Access to Utilities: Ample access to water, sewer, electricity, and natural gas ensures reliable and cost-effective operations.
- Quality of Life: Frankfort offers a high quality of life with affordable housing, excellent schools, and recreational amenities.
Why Frankfort is a Great Place to Locate a Business.
Frankfort, Kentucky is an excellent location for businesses seeking warehouse space due to its:
- Strategic Location: Located in the heart of Kentucky, Frankfort offers easy access to major transportation routes, including Interstates 64 and 75, providing efficient distribution channels to major markets in the Midwest and beyond.
- Favorable Business climate: Frankfort has a pro-business environment with low taxes, a skilled workforce, and supportive government agencies committed to fostering economic growth.
- Abundant Warehouse Space: Frankfort offers a wide range of quality warehouse options to meet the needs of businesses of all sizes, from small distribution centers to large-scale logistics operations.
- Cost-Effective Operating Expenses: Frankfort's competitive rental rates and low energy costs contribute to lower operating expenses for businesses renting warehouse space.
- Skilled Workforce: Frankfort has access to a highly skilled workforce with experience in warehouse operations, logistics, and transportation, ensuring efficient operations.
- Excellent Infrastructure: Frankfort boasts a robust infrastructure with reliable utilities, modern communication networks, and well-maintained roads for seamless transportation of goods.
- Centralized Location: Frankfort's central location within Kentucky provides convenient access to both domestic and international markets, allowing businesses to expand their reach effectively.
- Quality of Life: Frankfort offers a high quality of life with affordable housing, excellent schools, cultural amenities, and recreational opportunities, making it an attractive place for employees and their families.
Key Industries in Frankfort.
- Manufacturing: Frankfort is home to a diverse range of manufacturing industries, including automotive parts, chemicals, and pharmaceuticals.
- Healthcare: The city is a major healthcare hub, with hospitals, clinics, and research facilities employing a significant portion of the workforce.
- Government: As the state capital, Frankfort hosts numerous government agencies and offices, providing substantial employment opportunities.
- Education: Frankfort is home to several colleges and universities, including Kentucky State University, attracting students and fostering a knowledge-based economy.
- Tourism: The city's historical significance and proximity to attractions like the Kentucky Horse Park draw tourists, supporting the hospitality and retail sectors.
- Distribution and Logistics: Frankfort's central location and access to major highways make it a hub for distribution and logistics, with several major warehouses and distribution centers.
- Agriculture: The surrounding region is known for its agricultural production, with Frankfort serving as a center for agriculture-related businesses and research.
- Professional Services: The city hosts a growing number of professional services firms, including law, accounting, and consulting.
Demographics.
- Population: 27,382
- Median Age: 39.5
- Median Household Income: $42,923
- Education: 24.6% of residents have a bachelor's degree or higher.
Market Statistics.
- Vacancy Rate: 5.1%
- Average Asking Rents: $10.50/SF/YR
- Total Inventory: 28,368,270 sq. ft.