Rockford, Illinois, is a city that offers a unique blend of industrial heritage and modern amenities, making it an attractive location for businesses looking to lease industrial space. With its rich history in heavy machinery, hardware, and furniture manufacturing, Rockford has diversified its economy to include automotive, aerospace, and healthcare industries. The city's efforts towards tourism and downtown revitalization have also made it an attractive destination for visitors. Located along the Rock River, Rockford is home to several cultural and historical venues, such as Anderson Japanese Gardens, the Coronado Theatre, and the Burpee Museum of Natural History. With a population of around 150,000, Rockford offers a skilled workforce and a business-friendly environment, making it an ideal location for companies looking to lease industrial space.
Rockford's industrial space for lease offers a range of options, with 14 listings available. The average annual rent per square foot is $5 USD, with sizes ranging from 15,755 square feet to 2,000,000 square feet. In addition to industrial space, Rockford also offers flex space, commercial real estate, land, and restaurants for lease. The city's flex space options are ideal for businesses that require a combination of office and warehouse space, while its commercial real estate options offer a range of retail and office spaces. For businesses looking to develop their own property, Rockford's land for lease options provide a range of opportunities. With its diverse economy and modern amenities, Rockford is an attractive location for businesses looking to lease industrial space or other property types.
What is the average size of industrial space for lease in the Rockford market?
The average size of industrial space for lease in the Rockford market is 240,093 square feet, with a total of 14 available listings, offering a range of options for businesses looking to establish or expand their operations in the area.
What do I need to look for when leasing an industrial space in Rockford?
When leasing an industrial space in Rockford, there are several key factors to consider, including:
- Average annual rent per square foot, which is currently $5 USD per square foot, and average space size, which is approximately 240,093 square feet, to ensure the space fits your business needs and budget.
- Proximity to major transportation hubs, such as the Chicago Rockford International Airport and the Union Pacific Railroad's Global III Intermodal Facility in Rochelle, to facilitate the movement of goods and supplies.
- Access to a skilled workforce, with a range of educational institutions, including Rockford University, Rock Valley College, and St. Anthony College of Nursing, to support your business's labor needs.
