Waterford Michigan Industrial Warehouse Spaces for Rent

Waterford, MI Warehouse Space for Rent.

Waterford, Michigan offers a prime location for businesses seeking warehouse space for rent. With its proximity to major highways and the Detroit metro area, Waterford provides easy access to distribution networks and a large labor pool. Available warehouse spaces feature various sizes, configurations, and amenities, including ample loading docks, high ceilings, and modern security systems. The competitive rental rates and favorable business environment make Waterford an attractive option for businesses looking to optimize their storage and distribution operations. Whether you require short-term or long-term lease agreements, Waterford's warehouse space for rent offers the flexibility and value to meet your specific business needs.

Benefits of Waterford's, Industrial Market.

Waterford's Industrial Market offers a plethora of advantages for businesses seeking warehouse space for rent:

• Prime Location: Strategically situated near major highways, interstates, and the DTW Airport, Waterford provides unmatched accessibility and connectivity.
• Ample Supply: With a vast inventory of warehouse space, Waterford caters to various sizes and needs, ensuring a perfect fit for your operations.
• Competitive Rates: Waterford's industrial market boasts competitive rental rates, offering significant cost savings compared to neighboring areas.
• Skilled Labor Force: The region boasts a highly skilled workforce with expertise in logistics, manufacturing, and distribution.
• Industrial Zoning: Waterford's industrial zoning allows for a wide range of industrial activities, providing flexibility and growth potential for businesses.
• Infrastructure Advantages: With access to rail lines, utilities, and advanced infrastructure, Waterford supports efficient operations and business success.
• Proximity to Amenities: Waterford offers convenient proximity to restaurants, retail centers, and other amenities, catering to the needs of employees and visitors alike.
• Growth Potential: Waterford's strategic location and strong economic growth make it an ideal base for businesses seeking expansion and future growth.
• Responsive Local Government: Waterford's responsive local government provides support and resources to businesses, fostering a collaborative and supportive environment.
• Collaborative Business Community: The Waterford business community is highly collaborative, offering networking opportunities, mentorship programs, and access to local resources.

Why Waterford is a Great Place to Locate a Business.

Waterford is the perfect community to locate your business and is centrally located for easy access to all areas of Metro Detroit.

• Central Location Waterford sits in the heart of Oakland County and has easy access to major highways, roads, and expressways. It is less than 30 minutes from downtown Detroit, and within an hour of Ann Arbor, Lansing, and Flint.
• Growing Community Waterford has a population of over 70,000 and is growing. The community is home to a diverse population of families, young professionals, and retirees.
• Strong Economy Waterford has a strong economy, with a diverse mix of businesses, industries, and services. The city is home to several major employers, including General Motors, Chrysler, and Ford Motor Company.
• Excellent Schools Waterford has a strong public school system. The city is also home to several private schools, colleges, and universities.
• Abundant Amenities Waterford has a variety of amenities, including parks, recreation centers, shopping malls, and restaurants. The community also has a thriving arts and culture scene.

Key Industries in Waterford.

• Automotive: Waterford is home to several automotive suppliers and manufacturers, including Magna International, BorgWarner, and Faurecia.
• Aerospace: The city is a hub for the aerospace industry, with companies such as GE Aviation, Raytheon, and Lockheed Martin operating in the area.
• Healthcare: Waterford is a major center for healthcare, with several hospitals and medical facilities located within the city limits, including Ascension Providence Hospital and Beaumont Hospital, Royal Oak.
• Manufacturing: The city has a strong manufacturing base, with companies in various industries such as metal fabrication, plastics molding, and food processing operating in the area.
• Distribution and Logistics: Waterford's central location and proximity to major transportation routes make it an ideal location for distribution and logistics operations.
• Retail and Hospitality: The city has a vibrant retail and hospitality sector, with several shopping centers, restaurants, and hotels located throughout the area.
• Higher Education: Waterford is home to Oakland Community College's Highland Lakes Campus, which offers a variety of educational programs and workforce training.

Demographics.

• Population: 71,395
• Median Age: 39.7
• Median Household Income: $87,336
• Education: 22.1% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 6.2%
• Average Asking Rents: $10.00/SF/YR
• Total Inventory: 2,565,150 sq. ft.