Hazard, KY Warehouse Space for Rent.
If you're searching for warehouse space for rent in Hazard, Kentucky, look no further! We offer flexible and affordable rental options tailored to meet your business needs. Our warehouses boast ample square footage, loading docks, drive-in access, and secure 24/7 access. Whether you require short-term or long-term storage, we have the perfect solution for you. Our warehouses are strategically located for easy access to major transportation routes, ensuring efficient distribution and logistics operations. Don't miss out on this exceptional opportunity to enhance your business in the thriving Hazard market.
Benefits of Hazard's, Industrial Market.
Hazard's Industrial Market Offers:
- Central Location: Situated in the heart of the Tri-State region, providing convenient access to major transportation routes.
- Abundant Labor Force: Access to a skilled and experienced workforce with a strong work ethic.
- Cost-Effective: Competitive land and labor costs compared to other industrial hubs.
- Pro-Business Environment: Supportive local government and economic development initiatives.
- Infrastructure: Well-developed infrastructure, including ample warehouse space and transportation options.
- Incentives: Attractive incentive packages available to businesses locating or expanding in the area.
- Utilities: Reliable and affordable utilities, including electricity, natural gas, and water.
- Quality of Life: Excellent quality of life with affordable housing, recreational opportunities, and a strong sense of community.
Why Hazard is a Great Place to Locate a Business.
Hazard, Kentucky offers numerous advantages for businesses seeking warehouse space:
- Strategic Location: Situated at the crossroads of I-75 and I-64, Hazard provides excellent connectivity to major markets in the Midwest, East Coast, and South.
- Abundant Labor Force: Hazard offers a skilled and reliable workforce with a strong work ethic, reducing recruitment and training costs.
- Low Operating Costs: Competitive utility rates, affordable land, and a favorable tax climate help reduce expenses and maximize profits.
- Excellent Infrastructure: State-of-the-art highways, rail lines, and access to the Appalachian Regional Airport ensure efficient transportation and distribution.
- Government Support: The City of Hazard and the Kentucky Department of Economic Development offer various incentives, including tax credits and grants, to support business growth.
Key Industries in Hazard.
- Tourism: Hazard is a gateway to the Appalachian Mountains, offering recreational activities such as hiking, fishing, and hunting.
- Healthcare: The city is home to several hospitals and medical centers, providing essential healthcare services to the region.
- Coal Mining: While coal mining has declined, it remains an important industry in Hazard and its surrounding areas.
- Manufacturing: Hazard has a growing manufacturing sector, producing goods such as plastics, automotive parts, and clothing.
- Education: Eastern Kentucky University's Hazard campus plays a vital role in education, workforce development, and economic growth.
- Retail: Hazard offers a variety of retail opportunities, ranging from local boutiques to national chains.
- Transportation: The city's central location along major highways makes it a strategic point for logistics and transportation.
- Nonprofit Sector: Nonprofit organizations provide essential services to the community, including social welfare, healthcare assistance, and economic empowerment.
Demographics.
- Population: 4,138
- Median Age: 42.2
- Median Household Income: $27,758
- Education: 20.4% of residents have a bachelor's degree or higher.
Market Statistics.
- Vacancy Rate: 5.6%
- Average Asking Rents: $10.00/SF/YR
- Total Inventory: 1,250,000 sq. ft.