Warehouse Space in Powell

Powell Warehouses Available for Lease

Powell, OH Warehouse Space for Rent.

The Powell warehouse for rent is a modern facility conveniently located in Powell, Ohio, just minutes from major highways and transportation hubs, providing easy access to Columbus and beyond. The warehouse boasts ample square footage and is suitable for a wide range of storage and distribution needs. It features high ceilings, wide aisles, and loading docks to accommodate various equipment and inventory types. The property is well-maintained, secure, and offers 24/7 access for tenants. With its strategic location and well-designed interior, this warehouse space in Powell is an ideal solution for businesses seeking efficient and cost-effective storage or distribution operations in the heart of Central Ohio.

Benefits of Powell's, Industrial Market.

Powell's Industrial Market offers numerous advantages for businesses seeking warehouse space:

• Prime Location: Situated within the Columbus metropolitan area, Powell provides easy access to major highways and transportation hubs, facilitating efficient distribution and logistics operations.
• Availability of Space: Ample warehouse space is available in Powell, catering to both small and large businesses with varying storage requirements.
• Competitive Rates: Rental rates in Powell are generally lower than in other comparable industrial markets, offering cost savings for tenants.
• Skilled Workforce: The local workforce in Powell is experienced in logistics, warehousing, and distribution, ensuring a reliable and qualified labor pool.
• Proximity to Amenities: Businesses will find a range of restaurants, hotels, and other amenities nearby, catering to the convenience of employees and visiting clients.
• Business-Friendly Environment: Powell's supportive business environment, including tax incentives and pro-growth policies, fosters growth and success for industrial tenants.
• Well-Developed Infrastructure: The city has invested in infrastructure, including utilities, roads, and telecommunications, ensuring reliable operations and minimizing downtime.
• Growing Economy: Powell's thriving economy provides potential opportunities for businesses to expand their operations and tap into new customer bases.

Why Powell is a Great Place to Locate a Business.

Powell, OH is an ideal location for businesses seeking warehouse space due to:

• Central Location: Powell's proximity to major highways and Columbus, OH, provides access to a vast consumer base and transportation networks.
• Skilled Workforce: The region boasts a highly educated and skilled workforce, ensuring a readily available talent pool.
• Pro-Business Environment: Powell offers low taxes, streamlined regulations, and strong community support for businesses.
• Modern Infrastructure: The area features state-of-the-art warehouses with ample storage capacity, high ceilings, and loading docks.
• Cost-Effectiveness: Compared to neighboring markets, Powell provides competitive rental rates for warehouse space, reducing business expenses.

Key Industries in Powell.

• Finance and Insurance: Powell is home to several financial institutions and insurance companies, including Nationwide Insurance and Huntington National Bank.
• Technology: A number of technology companies have facilities in Powell, such as Cardinal Health and DHL Supply Chain.
• Healthcare: Powell is the location of the OhioHealth Powell Hospital and the Dublin Methodist Hospital. Several medical device and pharmaceutical companies also have a presence in the area.
• Professional Services: The city is home to many professional services firms, including law firms, accounting firms, and consulting firms.
• Retail and Hospitality: Powell Place Mall and the Shops at Powell provide a variety of retail and dining options, while hotels such as the Hilton Garden Inn and the Hampton Inn serve business travelers and visitors.
• Education: Olentangy Local School District and Columbus State Community College both have campuses in Powell.
• Manufacturing: A number of manufacturing companies have facilities in Powell, including Honda Marysville Auto Plant and TimkenSteel.
• Distribution and Logistics: Powell's proximity to major highways and the Rickenbacker International Airport makes it an ideal location for distribution and logistics operations.

Demographics.

• Population: 13,136
• Median Age: 50
• Median Household Income: $85,820
• Education: 31.7% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 13.3%
• Average Asking Rents: $15.00/SF/YR
• Total Inventory: 1,450,000 sq. ft.