Warehouse Space in Smithfield

Smithfield Warehouses Available for Lease

Smithfield, NC Warehouse Space for Rent.

Smithfield, NC, offers ample warehouse space for rent to meet your business needs. Whether you require short-term or long-term storage, there are several facilities available in prime locations. The warehouses feature modern amenities such as high ceilings, loading docks, and secure access systems. With its strategic location near major highways and the Port of Wilmington, Smithfield provides convenient access to transportation routes. Competitive rental rates and flexible lease terms make it an ideal choice for businesses seeking affordable and efficient warehouse solutions in the region.

Benefits of Smithfield's, Industrial Market.

Smithfield, NC offers a thriving industrial market with numerous advantages for businesses and investors:

• Strategic Location: Smithfield's proximity to major interstates and urban centers provides excellent transportation and distribution access.
• Abundant Labor Force: The area boasts a large and skilled workforce, meeting the needs of diverse industries.
• Affordable Land and Buildings: Smithfield offers competitive land and building costs, making it an attractive location for businesses looking to expand or relocate.
• Business-Friendly Environment: Local authorities support business growth through economic incentives and a streamlined regulatory process.
• Strong Infrastructure: Smithfield's infrastructure includes reliable utilities, fiber-optic connectivity, and efficient transportation networks.
• Growing Industrial Base: The area is home to numerous established industries, creating a favorable environment for collaboration and innovation.
• Access to Educational Institutions: Proximity to universities and community colleges provides access to skilled graduates and research and development opportunities.
• Excellent Quality of Life: Smithfield offers a high quality of life with affordable housing, a strong community, and abundant recreational opportunities.

Why Smithfield is a Great Place to Locate a Business.

Here are the benefits of locating a business in Smithfield, NC:

• Central Location: Smithfield is conveniently located in the Research Triangle Region of North Carolina, providing access to major markets, transportation hubs, and a skilled workforce.
• Low Cost of Doing Business: Smithfield offers competitive tax rates, affordable land and utilities, and a supportive business environment that reduces operating costs.
• Excellent Infrastructure: The town has a well-maintained infrastructure, including modern utilities, reliable transportation networks, and access to high-speed internet.
• Skilled Workforce: Smithfield is home to a highly skilled and diverse workforce, with a strong educational system and training programs to support the needs of various industries.
• Strong Community Support: The town of Smithfield actively supports businesses through incentives, partnerships, and a collaborative community environment.
• Abundant Warehouse Space: Smithfield offers a range of warehouse spaces for rent, providing flexibility and scalability to meet the needs of businesses of all sizes.

Key Industries in Smithfield.

• Agriculture Smithfield is renowned for its agricultural heritage, particularly in the realm of hog production. Several major meatpacking facilities, including Premium Standard Farms and Smithfield Foods, have operations in the area.
• Food Processing Beyond meatpacking, Smithfield is home to a diverse array of food processing companies. This includes Tyson Foods, which operates a poultry processing plant in the city, and J&R Schugel, a leading producer of specialty meats.
• Distribution and Logistics Smithfield's strategic location at the intersection of major highways has made it a hub for distribution and logistics companies. Several national and regional firms have established distribution centers in the area, taking advantage of the city's connectivity.
• Manufacturing Smithfield boasts a strong manufacturing sector, with a focus on plastics, chemicals, and building materials. Notable companies with operations in the city include Corning, Cornerstone Building Brands, and Packaging Corporation of America.
• Healthcare The Johnston Health Smithfield Campus provides vital healthcare services to the community and surrounding areas. The hospital offers a wide range of medical specialties, including emergency care, surgery, and rehabilitation.
• Tourism Smithfield's rich history and cultural attractions, such as the Ava Gardner Museum and the Smithfield Recreation and Aquatics Center, draw visitors to the area. Tourism contributes to the local economy through retail, hospitality, and entertainment.
• Education Smithfield is home to Johnston Community College, which provides affordable and accessible higher education opportunities to the region. The college offers a variety of programs, including associate degrees, certificates, and workforce development courses.
• Technology Several technology companies have established a presence in Smithfield, attracted by the city's skilled workforce and proximity to Raleigh's technology hub. These companies are involved in software development, data analytics, and other technology-related fields.

Demographics.

• Population: 11,740
• Median Age: 29.5
• Median Household Income: $55,425
• Education: 28.6% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 5.4%
• Average Asking Rents: $12.50/SF/YR
• Total Inventory: 1,000,000 sq. ft.