Urbana Ohio Industrial Warehouse Spaces for Rent

Urbana, OH Warehouse Space for Rent.

Urbana, located in the heart of Ohio, offers a wide selection of warehouse space for rent, providing businesses with ample storage and distribution solutions. These warehouses feature flexible layouts, generous ceiling heights, and state-of-the-art amenities to accommodate various industry needs. Whether you require short-term or long-term storage, Urbana's warehouse space is strategically positioned for efficient access to major highways and transportation networks. With its central location, businesses can minimize logistics costs and optimize distribution reach. The availability of skilled labor, affordable operating costs, and a supportive business environment make Urbana an ideal choice for companies seeking cost-effective and efficient warehouse space solutions.

Benefits of Urbana's, Industrial Market.

Urbana’s Industrial Market attracts attention for a multitude of reasons. The location and logistics, coupled with the business-friendly environment and access to labor makes this a popular area for businesses looking to lease warehouse space. Here’s why:

• Proximity to Major Markets: Urbana, OH is situated in close proximity to major markets such as Columbus, Cincinnati, Dayton, and Indianapolis, making it a strategic location for distribution and logistics operations.
• Interstate Access: Urbana is conveniently located near Interstate 70, providing excellent access to major transportation routes and facilitating the movement of goods across the Midwest and beyond.
• Abundant Land and Developed Sites: Urbana offers a range of industrial-zoned land and developed sites, allowing businesses to find the ideal location for their operations and expansion plans.
• Favorable Business Climate: Urbana provides a supportive business climate with low taxes, pro-business policies, and a collaborative approach to economic development.
• Skilled Workforce: The region boasts a skilled and experienced workforce, providing businesses with access to a qualified labor pool to support their operations.
• Low Occupancy Costs: Compared to larger markets, Urbana's industrial real estate market offers competitive rental rates and occupancy costs, making it an attractive option for businesses.
• Quality of Life: Urbana offers a high quality of life with affordable housing, excellent schools, and a variety of amenities, making it an appealing place for employees to live and work.

Why Urbana is a Great Place to Locate a Business.

Urbana, Ohio offers many advantages for businesses looking to locate or expand their operations in the region.

• Central Location: Urbana is strategically positioned in the Midwest, providing easy access to major transportation routes and markets.
• Skilled Workforce: The city has a skilled and experienced workforce, with a strong educational system.
• Affordable Land and Buildings: Urbana offers competitive land and building costs, making it an attractive location for businesses.
• Favorable Tax Environment: The state of Ohio provides various tax incentives for businesses, including tax credits and exemptions.
• Economic Development Support: Urbana has a dedicated economic development team that provides assistance to businesses looking to relocate or expand in the community.
• Strong Infrastructure: The city has a reliable infrastructure, including utilities, transportation, and communication networks.
• Growing Market: Urbana is located near several major metropolitan areas, providing access to a growing consumer market.
• Abundant Warehouse Space: Urbana has a significant amount of warehouse space available for rent, meeting the needs of businesses seeking storage or distribution facilities.

Key Industries in Urbana.

• Manufacturing - Urbana is home to a diverse range of manufacturing companies, including those in the food processing, metal fabrication, and automotive parts industries.
• Healthcare - The city is a major healthcare hub, with Mercy Health Urbana Hospital and several other hospitals and medical facilities.
• Retail - Urbana offers a variety of retail businesses, including national chains and local shops.
• Education - The city is home to Urbana University, a private liberal arts university.
• Agriculture - The surrounding area is known for agriculture, with corn and soybeans being the primary crops.
• Logistics - Urbana's central location and major highways make it an ideal location for warehouses and distribution centers.
• Tourism - The city is home to several historical sites and museums, including the Grimes Field Museum and the Heritage Center of Clark County.
• Government - The city of Urbana is a major employer in the region, providing employment to a large number of residents.

Demographics.

• Population: 11,273
• Median Age: 56
• Median Household Income: $55,841
• Education: 49% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 5.1%
• Average Asking Rents: $12.50/SF/YR
• Total Inventory: 1,634,750 sq. ft.