Russellville Kentucky Industrial Warehouse Spaces for Rent

Russellville, KY Warehouse Space for Rent.

Russellville, Kentucky offers an array of warehouse spaces available for rent, catering to various storage and distribution needs. These facilities range in size from smaller units suitable for individual businesses to expansive structures ideal for large-scale operations. The warehouses feature modern amenities such as loading docks, ample parking, and controlled access systems for enhanced security. Their strategic location in Russellville provides convenient access to major transportation routes, ensuring efficient distribution and logistics. Whether you require temporary storage solutions or long-term leasing options, Russellville's warehouse space for rent offers a versatile and cost-effective solution for businesses seeking reliable and secure storage facilities.

Benefits of Russellville's, Industrial Market.

Russellville, Kentucky's Industrial Market offers numerous advantages for businesses seeking warehouse space:

• Central Location: Situated amidst major transportation routes, Russellville provides convenient access to regional and national markets.
• Abundant Land: Ample availability of developable land at competitive prices, allowing for flexibility in warehouse size and configurations.
• Skilled Workforce: Access to a highly skilled and experienced workforce with a strong work ethic and low turnover rates.
• Low Operating Costs: Favorable tax rates, affordable utilities, and low labor costs contribute to a competitive operating environment.
• Incentives and Support: State and local incentives, including tax breaks, grants, and technical assistance, support business growth.
• Modern Warehousing: Availability of state-of-the-art warehousing facilities with advanced amenities and efficient design.
• Transportation Infrastructure: Proximity to interstates, railroads, and an inland port provides seamless transportation options.
• Economic Growth: Growing industrial hub with strong local economy, supporting businesses with supply chain and labor needs.
• Access to Regional Market: Gateway to the Midwest and the Southeast, offering access to a vast consumer base.

Why Russellville is a Great Place to Locate a Business.

Russellville, Kentucky offers an optimal location for businesses seeking warehouse space with:

• Central Location: Situated at the crossroads of major highways, Russellville provides easy access to markets throughout the region.
• Favorable Tax Climate: Kentucky offers competitive business taxes, including sales and property tax incentives.
• Skilled Workforce: A dedicated workforce with strong work ethic and manufacturing experience.
• Affordable Land and Labor: Russellville's competitive land and labor costs provide cost-effective operations.
• Infrastructure: Excellent road, rail, and air transportation infrastructure to facilitate efficient logistics.
• Growth Opportunities: Proximity to major markets and transportation hubs offers ample growth potential.
• Business Support: Russellville offers various business support services, including technical assistance and financing options.

Key Industries in Russellville.

• Manufacturing Russellville is home to several major manufacturing companies, including Toyota Motor Manufacturing Kentucky (TMMK), which employs over 8,000 people.
• Automotive The city is also a major center for the automotive industry, with companies such as Lear Corporation, Cooper Standard, and Denso operating facilities in Russellville.
• Logistics Russellville's strategic location at the intersection of two major highways makes it a prime destination for logistics companies. Several large distribution centers are located in the city, including those operated by Amazon, UPS, and FedEx.
• Healthcare Russellville is home to several healthcare facilities, including the Russellville Medical Center and the Logan Memorial Hospital. The city is also a major center for medical education, with the University of Kentucky College of Medicine having a campus in Russellville.
• Agriculture Logan County, in which Russellville is located, is a major agricultural producer. The county is home to over 1,000 farms, which produce a variety of crops and livestock.
• Tourism Russellville is home to several historical and cultural attractions, including the Russellville Depot Museum and the Logan County History Museum. The city is also a popular destination for outdoor recreation, with several parks and lakes located nearby.
• Education Russellville is home to several educational institutions, including Western Kentucky University and Lindsey Wilson College. The city is also served by a number of public and private schools.
• Government Russellville is the county seat of Logan County. The city is also home to several state and federal government offices.

Demographics.

• Population: 7,089
• Median Age: Median age: 42.3
• Median Household Income: $37,883
• Education: 24.3% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 5.4%
• Average Asking Rents: $9.00-$15.00/SF/YR
• Total Inventory: 4,000,000 sq. ft.