Vergennes Vermont Industrial Warehouse Spaces for Rent

Vergennes, VT Warehouse Space for Rent.

Nestled in the heart of Vermont's Champlain Valley, the Vergennes Warehouse Space for Rent offers a prime location for businesses seeking ample storage and distribution space. The warehouse features a spacious 30,000 square feet of open and customizable space, suitable for a wide range of warehousing needs. Its strategic proximity to major highways provides convenient access to both local and regional markets, ensuring efficient logistics and distribution. With flexible lease terms and competitive rates, this warehouse provides an ideal solution for businesses seeking a reliable and cost-effective storage and distribution hub in the Vergennes area.

Benefits of Vergennes's, Industrial Market.

Vergennes' Industrial Market

• Central Location: Situated in the heart of Chittenden County, Vergennes offers easy access to major markets in the region.
• Excellent Transportation Infrastructure: Proximity to Interstates 89 and 91, as well as the Burlington International Airport, provides convenient access for both intrastate and interstate transportation.
• Skilled Labor Force: Vergennes has a strong labor force with a diverse range of skills, ensuring a ready supply of qualified workers.
• Affordable Operating Costs: Competitive property taxes, utility rates, and labor costs contribute to lower operating expenses for businesses.
• Available Land and Buildings: Ample inventory of industrial land and existing warehouse space provides flexibility for growing businesses.
• Cooperative Business Climate: Vergennes actively supports new and expanding businesses, offering a collaborative and welcoming environment for entrepreneurs.
• Access to Utilities: Reliable access to electricity, natural gas, water, and sewer services ensures efficient operations.
• Proximity to Local Amenities: Employees have access to a range of amenities, including housing, retail, and dining options, within a convenient distance.
• Scenic Environment: Vergennes' picturesque surroundings create a positive work environment and enhance employee retention.
• Investment Opportunities: The growing industrial market presents opportunities for investment in warehouse space, offering potential returns for investors.

Why Vergennes is a Great Place to Locate a Business.

Vergennes, Vermont, offers significant advantages for businesses seeking warehouse space. Here are some compelling reasons why Vergennes is an ideal location for a business:

• Central Location: Vergennes is strategically located in central Vermont, providing easy access to major highways and markets in New England and beyond.
• Affordable Rent: Compared to larger metropolitan areas, warehouse rental rates in Vergennes are highly competitive, offering significant cost savings for businesses.
• Skilled Workforce: Vergennes has a skilled and experienced workforce available to meet the demands of various industries, ensuring efficient operations.
• Reliable Transportation: Vergennes is well-connected by rail and road, providing convenient and affordable transportation options for goods and materials.
• Supportive Business Community: Vergennes has a thriving business community that actively supports new businesses, providing networking opportunities and resources for growth.
• Vermont Advantages: As part of Vermont, Vergennes benefits from the state's strong economy, low corporate tax rates, and commitment to sustainability.
• Scenic Beauty: Situated on the banks of the Otter Creek, Vergennes offers a picturesque setting that enhances employee well-being and creates a positive work environment.

Key Industries in Vergennes.

• Agriculture: Vergennes is a major agricultural hub, with a focus on dairy farming and maple syrup production.
• Tourism: The city's historic charm and proximity to Lake Champlain draw tourists for recreation and cultural activities.
• Manufacturing: Several manufacturing companies are located in Vergennes, including those specializing in electrical equipment, plastic products, and metal fabrication.
• Education: Vergennes is home to Vermont State University, a public university offering a range of undergraduate and graduate programs.
• Healthcare: The city has a hospital and various medical facilities providing healthcare services to the community.
• Retail: Vergennes offers a variety of retail stores, boutiques, and restaurants.
• Transportation: The city is conveniently located near major highways and has access to air and rail transportation.

Demographics.

• Population: 2,745
• Median Age: 48
• Median Household Income: $71,222
• Education: 30% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 5.5%
• Average Asking Rents: $10.50/SF/YR
• Total Inventory: 5,044,000 sq. ft.