Providence, Rhode Island, is a prime location for Industrial Space For Lease, offering a unique blend of history, culture, and economic opportunities. With its strategic location at the mouth of the Providence River, the city has developed into a busy port city, making it an ideal spot for industrial activities. The city's economy has shifted towards service industries, while still retaining some manufacturing activity, making it an attractive location for Industrial Space For Lease. Providence is home to several hospitals and institutions of higher learning, including Brown University, Johnson & Wales University, and Rhode Island College, providing a skilled workforce and access to resources. The city's rich history, diverse population, and strong arts community make it an attractive location for businesses and individuals alike. With attractions like Waterplace Park and the Riverwalk, Roger Williams Park, and Prospect Terrace Park, Providence offers a unique quality of life that is hard to find elsewhere.
With 45 Industrial Space For Lease available, Providence offers a range of options for businesses looking to establish or expand their operations. The average annual rent per square foot for Industrial Space For Lease in Providence is $11 USD, with sizes ranging from 400 square feet to 327,735 square feet. In addition to Industrial Space, Providence also offers a range of other property types, including Flex Space, Commercial Real Estate, Land, and Restaurants. Flex Space is ideal for businesses that require a combination of office and warehouse space, while Commercial Real Estate offers a range of options for retail and office use. Land is available for development, and Restaurants provide a unique opportunity for entrepreneurs looking to establish a food-based business. With its diverse economy, rich history, and strong arts community, Providence is an attractive location for businesses and individuals alike.
What is the average size of industrial space for lease in the Providence market?
The average size of industrial space for lease in the Providence market is 39,536 square feet, with a total of 45 available listings, offering a range of options for businesses looking to establish or expand their operations in the city.
What do I need to look for when leasing an industrial space in Providence?
When leasing an industrial space in Providence, there are several key factors to consider to ensure you find the right property for your business needs.
- Location is crucial, with proximity to major transportation facilities such as T. F. Green Airport, Providence Station, and I-95, I-195, and I-295 highways, as well as access to the Port of Providence (ProvPort) and dedicated traffic-free bicycle paths.
- With 45 available listings of industrial space, you'll want to consider the average annual rent per square foot of $11 USD, as well as the average size of 39,536 square feet and maximum space size of 327,735 square feet to determine the best fit for your business.
- Additionally, consider the local amenities, infrastructure, and businesses in the area, such as the presence of institutions of higher learning, hospitals, and major corporations, as well as the city's diverse economy and strong arts community.
