Lynnwood Washington Warehouse Spaces for Rent

Lynnwood, WA Warehouse Space for Rent.

Lynnwood, WA offers ample warehouse space for rent to cater to diverse business needs. Located just north of Seattle, Lynnwood boasts convenient access to major highways and the Port of Seattle, making it a strategic location for both local and international distribution. The warehouses in Lynnwood feature various sizes and amenities, including high ceilings, dock-high loading doors, ample parking, and modern security systems. Whether you require short-term or long-term leasing options, Lynnwood has the perfect solution for businesses seeking a flexible and functional warehouse space. With its proximity to transportation hubs and a strong industrial infrastructure, Lynnwood is an ideal choice for warehousing and distribution operations.

Benefits of Lynnwood's, Industrial Market.

Discover the advantages of Lynnwood's industrial market for your warehousing needs:

• Strategic Location: Lynnwood is situated in the heart of Snohomish County, providing excellent access to major highways, rail lines, and ports, ensuring efficient distribution and transportation.
• Growing Population: With a rapidly expanding population, Lynnwood offers a large and diverse labor pool, meeting the staffing requirements of various industrial businesses.
• Cost-Effective: Lynnwood's industrial properties offer competitive leasing rates compared to neighboring submarkets, providing businesses with a cost-effective solution.
• Proximity to Amenities: Lynnwood is surrounded by retail centers, restaurants, and amenities, making it convenient for employees and fostering a positive work environment.
• Tax Incentives: Lynnwood offers various tax incentives and programs to support businesses, such as property tax exemptions and business license tax reductions.
• Skilled Workforce: The region's educational institutions and training programs provide a pool of skilled workers, including engineers, technicians, and warehouse personnel.
• Transportation Hub: Lynnwood is a transportation hub with access to I-5, I-405, and SR 99, allowing for seamless movement of goods and easy commutes for employees.
• Light Industrial Zoning: Lynnwood's light industrial zoning allows for a wide range of industrial activities, including manufacturing, distribution, and warehousing.

Why Lynnwood is a Great Place to Locate a Business.

• Central Location: Lynnwood's proximity to Seattle, Everett, and major highways makes it a convenient hub for businesses.
• Growing Business Community: Lynnwood is home to numerous diverse businesses, creating a thriving commercial landscape.
• Skilled Workforce: The city offers access to a talented and educated workforce with expertise in various industries.
• Affordable Rental Rates: Compared to neighboring areas, Lynnwood provides competitive warehouse rental rates.
• Abundant Warehouse Space: Lynnwood possesses a substantial inventory of warehouse space, catering to various business needs.
• Transportation Infrastructure: The city's well-developed transportation system facilitates efficient distribution and logistics operations.
• Tax Incentives: Lynnwood offers attractive tax incentives to businesses, including property tax exemptions and business and occupation tax reductions.
• Strong Economy: Lynnwood's robust economic growth provides a stable business environment.
• Lifestyle Amenities: Proximity to shopping, dining, and recreational activities creates a desirable work-life balance for employees.
• Future Development: Ongoing investment and development plans in Lynnwood ensure long-term growth potential for businesses.

Key Industries in Lynnwood.

• Manufacturing: Lynnwood boasts a strong manufacturing presence, specializing in advanced materials, aerospace components, and medical devices.
• Technology: The city is a hub for technology companies, including software development, data centers, and artificial intelligence firms.
• Distribution: Lynnwood's strategic location and proximity to major transportation routes make it an ideal distribution center for various businesses.
• Healthcare: Lynnwood offers a range of healthcare facilities, including hospitals, clinics, and medical research centers.
• Retail: The city features a diverse mix of retail stores, including fashion outlets, grocery stores, and home improvement centers.
• Logistics: Lynnwood is a vital logistics hub with access to multiple transportation modes, including rail, road, and air.
• Tourism: The city's proximity to Seattle and the Cascade Mountains makes it a popular destination for tourism and recreation.

Demographics.

• Population: 38,399
• Median Age: 38.2
• Median Household Income: $103,300
• Education: 35.7% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 4.8%
• Average Asking Rents: $12.50/SF/YR
• Total Inventory: 11,500,000 sq. ft.