Lehi, UT Warehouse Space for Rent.
Lehi, UT warehouse space for rent offers businesses a prime location with easy access to major transportation routes. The city's strategic position in the heart of Silicon Slopes makes it an ideal hub for distribution, manufacturing, and logistics operations. Lehi warehouse spaces feature modern amenities, ample parking, and flexible lease terms, catering to businesses of all sizes. Whether you're expanding your operations or seeking a temporary storage solution, Lehi's warehouse space for rent provides cost-effective and convenient options. The city's skilled workforce and proximity to Salt Lake City International Airport make it an attractive destination for businesses seeking a competitive advantage in the region.
Benefits of Lehi's, Industrial Market.
With a market reaching 20 million consumers within a one-day drive, Lehi, Utah, has become a logistical hub for nationwide distribution.
- Central Location: Situated within the Wasatch Front, Lehi offers access to major transportation routes.
- Skilled Workforce: Lehi boasts a robust labor force with expertise in warehousing and logistics operations.
- Modern Infrastructure: Lehi's industrial parks feature state-of-the-art facilities and infrastructure.
- Business-Friendly Environment: Utah's favorable business climate provides attractive incentives and a streamlined regulatory process.
- Cost-Competitive: Lehi offers competitive lease rates and operating costs compared to other distribution hubs.
- Excellent Connectivity: Access to major highways, airports, and rail lines allows for seamless transportation of goods.
- Growing Consumer Base: Utah's rapidly expanding population provides a vast market for consumer goods.
- Proximity to Outdoor Recreation: Lehi's proximity to outdoor recreation amenities enhances the quality of life for employees and reduces turnover.
Why Lehi is a Great Place to Locate a Business.
Lehi, Utah is a prime location for businesses seeking a strategic hub in the heart of Silicon Slopes.
- Prime Location: Situated in close proximity to Salt Lake City and major transportation routes, Lehi offers excellent access to markets and resources.
- Skilled Workforce: Home to a highly educated and skilled workforce, Lehi boasts a competitive talent pool for various industries.
- Business-Friendly Environment: Lehi provides a favorable business climate with low taxes, pro-business policies, and incentives.
- Proximity to Universities: Lehi's proximity to top universities such as BYU and UVU facilitates collaboration, research, and recruitment opportunities.
- Access to Warehouse Space: Lehi offers a wide range of warehouse space options to accommodate various storage and distribution needs.
- Growing Tech Hub: As part of Silicon Slopes, Lehi is a hub for leading technology companies, providing opportunities for partnerships and innovation.
- Lifestyle Amenities: Lehi offers a high quality of life with ample recreational activities, cultural attractions, and a strong community.
Key Industries in Lehi.
- Technology and Software: Lehi is home to many large tech companies and startups, including Adobe, Oracle, and Qualtrics.
- Manufacturing: The city also has a strong manufacturing sector, with companies like IM Flash and Nu Skin headquartered there.
- Life Sciences: Lehi is a center for life sciences research and development, with companies like BioFire Diagnostics and ARUP Laboratories located in the city.
- Distribution and Logistics: Lehi's proximity to major transportation routes makes it a prime location for distribution and logistics companies, such as Amazon and FedEx.
- Retail and Hospitality: Lehi has a growing retail and hospitality sector, with companies like Target, Costco, and Marriott International having a presence in the city.
- Education and Healthcare: Lehi is home to Utah Valley University and several healthcare providers, including MountainStar Healthcare and Intermountain Healthcare.
- Agriculture: Lehi is located in a fertile agricultural region, with many farms and ranches in the surrounding area.
- Tourism: Lehi is a popular tourist destination, with attractions like the Thanksgiving Point Gardens and the Museum of Ancient Life nearby.
Demographics.
- Population: 54,592
- Median Age: 35.5
- Median Household Income: $97,734
- Education: 37.9% of residents have a bachelor's degree or higher.
Market Statistics.
- Vacancy Rate: 4.1%
- Average Asking Rents: $12.50/SF/YR
- Total Inventory: 29,184,223 sq. ft.