Takoma Park, MD Warehouse Space for Rent.
Nestled in the vibrant Takoma Park neighborhood, our warehouse space for rent offers businesses an exceptional location and countless amenities. With its proximity to major transportation routes and a thriving business community, Takoma Park provides a strategic base for storage, distribution, and light industrial operations. Our modern warehouse facilities boast spacious floor plans, high ceilings, and efficient loading areas, ensuring seamless operations. Our dedicated team is committed to providing customized solutions to meet your unique space requirements. Whether you need short-term or long-term lease options, we have the perfect solution for your business in the heart of Takoma Park.
Benefits of Takoma Park's, Industrial Market.
Takoma Park Industrial Market: Warehouse Space for Rent
- Low Vacancy Rates: Takoma Park's industrial market boasts low vacancy rates, indicating strong demand for warehouse space.
- Proximity to Major Markets: Takoma Park is conveniently located near major markets, including Washington, D.C., and Baltimore, providing easy access to customers and suppliers.
- Transportation Infrastructure: The area is well-connected by major highways and public transportation, facilitating efficient movement of goods.
- Skilled Workforce: Takoma Park offers a skilled workforce with experience in industrial operations.
- Competitive Rental Rates: Rental rates for warehouse space in Takoma Park are competitive with other industrial markets in the region.
- Government Incentives: The City of Takoma Park offers incentives and support to businesses in the industrial sector.
Why Takoma Park is a Great Place to Locate a Business.
Why Takoma Park MD is Ideal for Business Location
- Prime Location: Located just north of Washington, D.C., Takoma Park offers convenient access to major highways and public transportation.
- Thriving Economy: Home to a diverse array of businesses, including startups, research institutions, and retail establishments, Takoma Park boasts a robust economy.
- Skilled Workforce: The city's proximity to the University of Maryland and other educational institutions ensures a steady supply of skilled labor.
- Strong Community Support: Takoma Park has a vibrant business community with active networking organizations and local incentives to support entrepreneurship.
- Excellent Infrastructure: The city provides reliable utilities, high-speed internet access, and ample parking, creating an ideal environment for business operations.
- Sustainability Initiatives: Takoma Park's commitment to sustainability offers businesses a competitive advantage in the growing green economy.
- Cultural Richness: The city's diverse population and artistic scene foster a vibrant and creative environment that attracts businesses and customers alike.
- Affordable Warehouse Space: Takoma Park offers a range of warehouse spaces for rent, catering to various business needs at competitive rates.
Key Industries in Takoma Park.
- Community Services - Takoma Park is home to a number of community service organizations, such as the Takoma Park Community Center and the Takoma Park Farmers Market.
- Education - Takoma Park is home to several educational institutions, including Montgomery College and the University of Maryland.
- Government - Takoma Park is home to the Takoma Park City Hall and the Takoma Park Police Department.
- Healthcare - Takoma Park is home to several healthcare facilities, including the Adventist HealthCare White Oak Medical Center and the Holy Cross Hospital.
- Hospitality - Takoma Park is home to several hotels and restaurants, such as the Hilton Garden Inn Takoma Park and the Takoma Park Food Co-op.
- Retail - Takoma Park is home to a variety of retail stores, such as the Takoma Park Farmers Market and the Takoma Park Plaza.
- Technology - Takoma Park is home to a number of technology companies, such as the CoStar Group and the Earth Observation Group.
- Transportation - Takoma Park is home to the Takoma Park Metro station and the Takoma Park Bus Terminal.
Demographics.
- Population: 17,628
- Median Age: 37
- Median Household Income: $124,906
- Education: 74% of residents have a bachelor's degree or higher.
Market Statistics.
- Vacancy Rate: 2.2%
- Average Asking Rents: $12.50/SF/YR
- Total Inventory: 1,200,000 sq. ft.