North Lawrence, OH Warehouse Space for Rent.
North Lawrence, OH, offers exceptional warehouse space for rent, strategically located for efficient logistics and distribution. These modern facilities boast ample square footage, soaring ceilings, and state-of-the-art amenities to meet the demands of businesses seeking turnkey solutions. Conveniently situated near major transportation hubs and thoroughfares, the warehouses provide seamless access to regional and national markets. Their versatile design accommodates a wide range of storage and distribution requirements, ensuring optimal efficiency and cost-effectiveness for businesses in North Lawrence and beyond.
Benefits of North Lawrence's, Industrial Market.
North Lawrence offers many reasons to move your business into the industrial market.
- Access to Major Highways: Access to I-71 and SR-1 allows for efficient transportation of goods and services.
- Proximity to Major Cities: 5 miles from Canton, 15 miles from Akron, and 1 hour from Cleveland, making it easy to reach customers and suppliers.
- Skilled Workforce: Access to a large and skilled workforce with a strong work ethic.
- Lower Business Costs: Reduced operating costs compared to larger cities, including lower taxes, utilities, and real estate costs.
- Development Opportunities: Opportunities for expansion and new development with available land and infrastructure.
- Excellent Infrastructure: Well-developed infrastructure, including roads, utilities, and telecommunications.
- Greenfield Sites: Availability of large greenfield sites for build-to-suit opportunities.
- Government Incentives: Potential for tax abatements and other incentives to support business growth.
- Quality of Life: Pleasant community with a low cost of living, making it an attractive place to live and work.
Why North Lawrence is a Great Place to Locate a Business.
North Lawrence OH is a prime location for businesses seeking warehouse space. Here are several reasons:
- Strategic Location: North Lawrence is situated near major highways and interstates, providing convenient access to major markets and transportation hubs.
- Abundant Warehouse Space: The area offers a wide selection of warehouse spaces in various sizes and configurations, catering to different business needs.
- Skilled Workforce: North Lawrence has a highly skilled workforce with experience in warehousing, logistics, and related industries.
- Competitive Rates: Warehouse rental rates in North Lawrence are competitive compared to other industrial areas in the region.
- Pro-Business Environment: The local government provides incentives and support for businesses, fostering a favorable environment for growth.
- Growing Economy: North Lawrence is experiencing steady economic growth, creating opportunities for businesses to thrive.
Key Industries in North Lawrence.
- Manufacturing: North Lawrence is home to a significant number of manufacturing facilities, producing a diverse range of products including automotive components, chemicals, and machinery.
- Logistics and Distribution: The city's proximity to major transportation hubs makes it an ideal location for warehousing and distribution operations, supporting businesses in the region and beyond.
- Healthcare: North Lawrence boasts several medical facilities, including hospitals and clinics, providing essential healthcare services to the local community.
- Retail and Hospitality: The city offers a variety of retail shops, restaurants, and hotels, catering to the needs of both residents and visitors.
- Education and Research: North Lawrence is home to several educational institutions, including colleges and universities, fostering innovation and providing a skilled workforce for local industries.
- Agriculture: The surrounding areas of North Lawrence are known for their fertile farmland, supporting agricultural activities such as farming and livestock production.
- Technology: The city has attracted technology firms specializing in software development, data analytics, and other cutting-edge technologies.
Demographics.
- Population: 14,580
- Median Age: 32
- Median Household Income: $61,899
- Education: 22% of residents have a bachelor's degree or higher.
Market Statistics.
- Vacancy Rate: 11.2%
- Average Asking Rents: $12.50/SF/YR
- Total Inventory: 5,500,000 sq. ft.