Oak Brook, IL Warehouse Space for Rent.
Oak Brook is a prestigious suburb located in DuPage County, Illinois. It is a highly desirable location for businesses seeking warehouse space for rent due to its convenient access to major transportation routes, including Interstates 294 and 88, and O'Hare International Airport. Oak Brook offers a wide range of warehouse options, from small units suitable for storage to large-scale distribution centers. The area's well-maintained infrastructure, skilled workforce, and proximity to amenities such as retail centers and restaurants make it an attractive choice for businesses of all sizes.
Benefits of Oak Brook's, Industrial Market.
Want to learn more about the perks of industrial spaces in Oak Brook? Check out these advantages:
- Central Location: Oak Brook is strategically located in DuPage County, providing easy access to major highways and airports, making it an ideal distribution hub.
- Proximity to Skilled Workforce: The area boasts a highly educated and experienced workforce, ensuring access to a skilled labor pool for industrial operations.
- Modern Facilities: Oak Brook offers a range of modern industrial properties with state-of-the-art features, including efficient lighting, high ceilings, and ample loading docks.
- Tax Incentives: Businesses may qualify for various tax incentives and abatements offered by the village and state, reducing operating costs.
- Diverse Tenant Mix: Oak Brook's industrial market caters to a wide range of industries, creating opportunities for collaboration and cross-pollination of ideas.
Why Oak Brook is a Great Place to Locate a Business.
Oak Brook IL is a suitable area to locate a business due to several factors:
- Convenient Location: Oak Brook is situated in DuPage County, IL, offering proximity to major highways (I-294, I-88) and O'Hare International Airport, ensuring efficient transportation and distribution.
- Thriving Business Environment: The area boasts a robust business community with access to skilled labor, financial institutions, and professional services.
- Upscale Amenities: Oak Brook offers various amenities for employees and clientele, including fine dining, shopping, and entertainment options.
- Access to Labor: The area has a highly educated and diverse workforce, making it easier to recruit and retain top talent.
- Excellent Infrastructure: Oak Brook provides reliable utilities, modern telecommunications, and well-maintained roads, supporting seamless business operations.
- Quality of Life: The affluent suburb offers a high standard of living with access to parks, recreation, and cultural attractions, enhancing employee morale and productivity.
Key Industries in Oak Brook.
- Corporate Headquarters: Oak Brook is home to corporate headquarters for numerous Fortune 500 companies, including Ace Hardware, McDonald's, and Allstate.
- Healthcare: The city is a major center for healthcare, with several hospitals and medical centers located within its boundaries.
- Retail: Oak Brook boasts a thriving retail sector, including the upscale Oakbrook Center and Oakbrook Terrace Shopping Centers.
- Finance: The city is also a hub for financial services, with several banks and investment firms having a presence here.
- Logistics: Oak Brook's central location and proximity to major highways and airports make it an ideal location for businesses involved in logistics and warehousing.
- Technology: Several technology companies have offices in Oak Brook, including IBM and Accenture.
- Education: Oak Brook is home to several educational institutions, including Concordia University Chicago and Elmhurst College.
Demographics.
- Population: 7,043
- Median Age: 44.8
- Median Household Income: $162,500
- Education: 67% of residents have a bachelor's degree or higher.
Market Statistics.
- Vacancy Rate: 8.7%
- Average Asking Rents: $10.00-$15.00/SF/YR
- Total Inventory: 12,500,000 sq. ft.