Racine, Wisconsin, offers a unique blend of industrial heritage and cultural attractions, making it an ideal location for businesses looking to establish a strong presence in the region. With a rich history of innovation, Racine has been the birthplace of various inventions, including malted milk and the garbage disposal. Today, the city is home to a diverse range of industries, including heavy equipment manufacturing, cleaning and chemical products, and heat exchangers. The city's strategic location, situated 22 miles south of Milwaukee and approximately 60 miles north of Chicago, provides easy access to major transportation hubs, including Batten International Airport, Amtrak's Hiawatha Line, and Metra's Union Pacific/North Line. Additionally, Racine is served by the University of Wisconsin–Parkside and Gateway Technical College, providing a skilled workforce and opportunities for education and training. The city's vibrant arts scene, featuring institutions like the Racine Art Museum, Racine Theater Guild, and Racine Symphony Orchestra, adds to its appeal as a great place to live and work. With a Commercial Real Estate Property For Lease, businesses can take advantage of Racine's unique blend of history, culture, and industry.
Racine's Commercial Real Estate market offers a range of options for businesses looking to establish a presence in the region. With 35 listings available, businesses can find the perfect space to suit their needs. The average annual rent per square foot is $23 USD, with options ranging from $5 USD to $60 USD per square foot. Spaces range in size from 50 square feet to 551,759 square feet, with an average size of 30,832 square feet. In addition to Commercial Real Estate, Racine also offers Office Space, Coworking Space, Retail Space, and Industrial options, each with its own unique characteristics and benefits. Office Space in Racine offers a range of options, from modern buildings to historic landmarks. Coworking Space is ideal for startups and entrepreneurs, providing a collaborative and dynamic work environment. Retail Space in Racine offers a range of options, from downtown storefronts to shopping centers. Industrial options are available for businesses requiring specialized facilities and equipment. With its diverse range of options, Racine's Commercial Real Estate market has something to offer every type of business.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Racine, Wisconsin, there are several key factors to consider, including:
- Average annual rent per square foot, which is currently $23 USD per square foot, and the average size of available listings, which is 30,832 square feet, to ensure you're getting a fair deal for your business needs.
- The maximum space size available, which is 551,759 square feet, to accommodate your company's growth and expansion plans.
- The location and accessibility of the property, considering factors such as proximity to major transportation facilities like Batten International Airport, Amtrak's Hiawatha Line, and major roads, as well as the availability of local amenities like the Racine Fire Department, Racine Police Department, and Belle Urban System for mass transit.
How do I determine the right size and type of commercial property to rent for my business needs?
When determining the right size and type of commercial property to rent for your business needs in Racine, Wisconsin, it's essential to consider factors such as the number of employees, equipment requirements, and desired location. With 35 available listings of commercial real estate for lease in Racine, you'll want to narrow down your options by assessing your specific needs.
- Consider the average size of available commercial properties, which is approximately 30,832 square feet, and the maximum space size of 551,759 square feet to ensure you have enough room for your operations.
- Think about the type of property that best suits your business, such as office space, retail, or industrial, and look for properties that offer amenities like proximity to major transportation facilities, including Batten International Airport and the Belle Urban System.
- Finally, evaluate the average annual rent per square foot, which is around $23 USD, to ensure it fits within your budget and aligns with your business goals.
