Payson Utah Industrial Warehouse Spaces for Rent

Payson, UT Warehouse Space for Rent.

Payson, Utah, offers a prime location for warehouse space rentals. With easy access to major transportation routes and a skilled workforce, Payson is an ideal hub for distribution and storage. The available warehouse spaces range in size from small units suitable for start-ups to expansive facilities capable of accommodating large-scale operations. Whether you require climate-controlled environments, loading docks, or ample parking, Payson's warehouse space for rent offers customizable solutions to meet your specific business needs. The competitive rental rates and proximity to major markets make Payson an attractive choice for businesses seeking efficient and cost-effective storage and distribution facilities.

Benefits of Payson's, Industrial Market.

Payson, the Gateway to Southern Utah, offers an ideal environment for industrial growth and distribution.

• Strategic Location: Situated at the crossroads of I-15 and SR-6, Payson provides easy access to major markets in Utah, Nevada, Arizona, and California.
• Abundant Land and Warehouse Space: Payson has ample land and warehouse space available for lease or purchase, at competitive rates.
• Skilled Workforce: Payson's skilled and dedicated workforce is ready to meet the demands of modern industrial operations.
• Business-Friendly Environment: Payson offers a supportive business-friendly environment, with incentives and streamlined permitting processes.
• Excellent Infrastructure: The city has a reliable infrastructure with modern utilities and transportation systems to support industrial activities.
• Scenic Surroundings: Payson provides a scenic and enjoyable work environment, with access to outdoor recreation and a high quality of life.

Why Payson is a Great Place to Locate a Business.

Consider locating your business in Payson, UT, with its numerous advantages:

• Central Location: Payson is conveniently situated in Utah County, just 30 miles south of Salt Lake City and 45 miles north of Provo. This strategic location offers easy access to major transportation hubs and markets.
• Growing Economy: Payson's economy is thriving, with a strong presence of manufacturing, distribution, and tourism industries. The city actively supports business growth through incentives and resources.
• Cost-Effective: Compared to other locations in Utah County, Payson offers lower operating costs, including rental rates for warehouse space, labor, and utilities. This can significantly reduce business expenses.
• Labor Force: Payson has a skilled and reliable workforce. Many educational institutions in the area provide a steady supply of qualified candidates for various industries.
• Quality of Life: Payson is a family-friendly city with a high quality of life. The city offers excellent schools, parks, and recreational facilities, making it an attractive location for employees and their families.

Key Industries in Payson.

• Aerospace and Defense: Payson is home to a number of aerospace and defense companies, including Northrop Grumman and General Dynamics. These companies design, manufacture, and maintain aircraft, missiles, and other military equipment.
• Manufacturing: Payson is also a center for manufacturing, with a diverse range of industries represented. Some of the largest employers in the city include Nestle, Johnson & Johnson, and Coca-Cola.
• Food Processing: Payson's location in the heart of Utah County makes it an ideal location for food processing companies. The city is home to a number of large food processing facilities, including those operated by Tyson Foods and ConAgra Foods.
• Healthcare: Payson is also a major healthcare hub, with a number of hospitals and medical centers located in the city. These include the Mountain View Hospital and the Utah Valley Regional Medical Center.
• Education: Payson is home to a number of educational institutions, including Utah Valley University and Brigham Young University. These institutions provide a highly educated workforce for the city's businesses.
• Retail: Payson is also a major retail center, with a number of shopping malls and big-box stores located in the city. These include the Payson Marketplace and the Wal-Mart Supercenter.
• Tourism: Payson is a popular tourist destination, with a number of attractions located in the city. These include the BYU Jerusalem Center and the Payson City Museum.

Demographics.

• Population: 19,000
• Median Age: 44
• Median Household Income: $75,000
• Education: 36.4% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 7.3%
• Average Asking Rents: $12/SF/YR
• Total Inventory: 16,340,100 sq. ft.