Henrico Virginia Industrial Warehouse Spaces for Rent

Henrico, VA Warehouse Space for Rent.

Henrico, Virginia is a prime location for businesses seeking warehouse space for rent. With its proximity to major transportation routes such as I-95 and I-64, Henrico offers convenient access to the regional distribution network. The area boasts a significant inventory of modern warehouse facilities, providing businesses with a range of options to meet their specific requirements. Henrico's favorable business climate, skilled workforce, and access to logistics providers further enhance its attractiveness for companies looking to establish or expand their warehousing operations.

Benefits of Henrico's, Industrial Market.

Discover the Competitive Edge of Henrico's Industrial Market for Warehouse Space Rental:

• Proximity to Major Markets: Access to Richmond and Northern Virginia markets with seamless Interstate 95 and 64 connectivity.
• Skilled Workforce: A robust labor pool with a strong educational foundation and technical expertise.
• Abundant Land Availability: Expansive land areas at competitive prices for distribution, logistics, and manufacturing operations.
• Intermodal Accessibility: Direct access to rail and inland port services, facilitating efficient multimodal transportation.
• Competitive Operating Costs: Favorable property tax rates, utility costs, and incentives compared to surrounding areas.
• Proximity to Richmond International Airport: Convenient air cargo access for global connectivity.

Why Henrico is a Great Place to Locate a Business.

Looking to establish your business in a vibrant and strategic location? Consider Henrico, Virginia, where your company can thrive and expand.

• Premier Business Environment: Henrico boasts a highly educated workforce, robust infrastructure, and business-friendly policies that foster growth and innovation.
• Central Location: Situated in the heart of Virginia's economic corridor, Henrico offers convenient access to major markets and transportation hubs, including Richmond International Airport.
• Cost-Effective: Henrico's favorable tax rates and operating costs make it an attractive option for businesses seeking to optimize their expenses.
• Exceptional Talent Pool: Home to renowned universities and research institutions, Henrico provides access to a highly skilled and diverse workforce.
• Quality of Life: Henrico offers a high quality of life with a wide range of amenities, including parks, recreational facilities, and cultural attractions.
• Excellent Infrastructure: The county's well-maintained roads, utilities, and broadband access ensure efficient operations and connectivity.
• Collaborative Community: Henrico's supportive business community and local government provide valuable resources and partnerships to assist businesses.

Key Industries in Henrico.

• Finance and Insurance Henrico County is home to a robust finance and insurance sector, with major companies such as Capital One, Markel Corporation, and Genworth Financial.
• Healthcare and Biotechnology Henrico County is a hub for healthcare and biotechnology, with top-notch medical facilities like VCU Medical Center and major pharmaceutical companies such as Bristol Myers Squibb.
• Tech and Innovation Henrico County attracts tech companies seeking a central location, access to major universities, and a talented workforce.
• Transportation and Logistics Henrico County benefits from its strategic location in the heart of the East Coast, making it a key hub for transportation and logistics companies.
• Manufacturing Henrico County supports a diverse manufacturing industry, with companies ranging from aerospace and defense to food and beverage production.
• Retail and Hospitality Henrico County offers a vibrant retail and hospitality scene, with major shopping malls, restaurants, and hotels.
• Education and Research Henrico County is home to renowned colleges and universities, including Virginia Commonwealth University and the University of Richmond, fostering innovation and a skilled workforce.
• Government and Nonprofits Henrico County hosts government agencies and nonprofit organizations, contributing to the stability and growth of the local economy.

Demographics.

• Population: 330,814
• Median Age: 39
• Median Household Income: $114,105
• Education: 47% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 12.3%
• Average Asking Rents: $12.50/SF/YR
• Total Inventory: 10,000,000 sq. ft.