Greensburg Indiana Industrial Warehouse Spaces for Rent

Greensburg, IN Warehouse Space for Rent.

The Greensburg industrial market is a key component of the Indianapolis industrial market. Greensburg is located approximately 45 miles southeast of Indianapolis and is easily accessible from Interstate 74. The market is home to a diverse mix of industries, including manufacturing, distribution, and logistics. The Greensburg warehouse market has a total inventory of approximately 5 million square feet, with an average asking rental rate of $0.40 per square foot per month. There are a number of factors that have contributed to the growth of the Greensburg warehouse market, including its strategic location, its access to a skilled labor force, and its competitive rental rates.

Benefits of Greensburg's, Industrial Market.

Greensburg's Industrial Market offers numerous advantages for businesses seeking warehouse space:

• Central Location: Greensburg's strategic location in southeastern Indiana provides excellent access to major markets and transportation hubs, reducing distribution costs.
• Abundant Land: Greensburg boasts a large inventory of available industrial land at competitive prices, allowing for flexible expansion and customization of warehouse facilities.
• Skilled Workforce: The region has a highly skilled and experienced workforce, providing access to a reliable labor pool for warehouse operations.
• Low Operating Costs: Greensburg's favorable tax rates, affordable utilities, and low cost of living create cost savings for businesses operating in the area.
• Supportive Infrastructure: A comprehensive road network and access to rail and barge transportation facilitate efficient movement of goods in and out of Greensburg.
• Business-Friendly Environment: Greensburg's local government and economic development organizations provide support and incentives to businesses locating in the area, streamlining the process.

Why Greensburg is a Great Place to Locate a Business.

Why Greensburg IN is a Prime Location for Business:

• Strategic Location: Greensburg is at the crossroads of major highways I-74 and I-65, providing excellent connectivity to major markets.
• Abundant Warehouse Space: The city has a significant inventory of warehouse space for rent, meeting the needs of various businesses.
• Skilled Workforce: Greensburg boasts a skilled and experienced workforce with access to a robust education system.
• Transportation Hub: The city is a major transportation hub with access to rail lines and the Indianapolis International Airport.
• Economic Incentives: Greensburg offers competitive economic incentives, tax breaks, and financial assistance to attract new businesses.

Key Industries in Greensburg.

• Automotive - Home to several automotive suppliers, including Toyota Boshoku and ThyssenKrupp.
• Agriculture - Center for agriculture with a strong presence of farms and agricultural businesses.
• Manufacturing - Host to a variety of manufacturing companies, including Precision Castparts and Saint-Gobain.
• Distribution - Strategic location for distribution centers due to proximity to major interstates and rail lines.
• Healthcare - Growing healthcare sector with major hospitals and medical facilities.
• Tourism - A popular tourist destination known for its historic buildings and events.
• Retail - A thriving retail sector with a mix of local businesses and national chains.
• Logistics - A hub for logistics companies due to its convenient transportation infrastructure.

Demographics.

• Population: 8,899
• Median Age: 37
• Median Household Income: $45,303
• Education: 23.7% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 6.0%
• Average Asking Rents: $12.50/SF/YR
• Total Inventory: 1,500,000 sq. ft.