Champaign, Illinois, is an attractive location for businesses seeking to lease industrial space, with its unique blend of academic and technological influences. The city's proximity to the University of Illinois and Parkland College creates a hub of innovation, making it an ideal spot for industrial spaces. Champaign's infrastructure, including 60 parks, 11 trails, and 14 facilities for recreation, provides a high quality of life for employees. The city's location at the intersection of Interstates 57, 72, and 74, as well as its access to the Canadian National Railway and Norfolk Southern Railway lines, makes it an attractive location for industrial businesses. Additionally, the presence of major companies like Caterpillar, ADM, John Deere, and AbbVie demonstrates the city's appeal to industrial and manufacturing businesses. With 4 industrial spaces for lease, Champaign offers a range of options for businesses looking to establish or expand their operations.
Industrial spaces in Champaign are part of a diverse range of commercial properties available in the city, including flex spaces, commercial real estate, land, and restaurants. The city's industrial spaces offer a range of options, from 3,627 square feet to 269,000 square feet, with average annual rents ranging from $4 USD to $7 USD. In addition to industrial spaces, Champaign is also home to a range of flex spaces, which offer a combination of office and warehouse space. The city's commercial real estate market includes a range of properties, from office buildings to retail spaces. For businesses looking to establish a presence in the city, land is also available for development. Finally, Champaign's restaurant scene is thriving, with a range of options available for dining and entertainment. With its diverse range of commercial properties, Champaign is an attractive location for businesses of all types.
What is the average size of industrial space for lease in the Champaign market?
The average size of industrial space for lease in the Champaign market is 93,168 square feet, with a total of 4 available listings, offering a range of options for businesses looking to establish or expand their operations in this central Illinois city.
What do I need to look for when leasing an industrial space in Champaign?
When leasing an industrial space in Champaign, there are several key factors to consider, including:
- Location: proximity to major transportation hubs like Interstate 57, Interstate 72, and Interstate 74, as well as the Illinois Terminal and Willard Airport, can be crucial for businesses that rely on shipping and receiving goods.
- Space size and layout: with an average size of 93,168 square feet and a maximum space size of 269,000 square feet, it's essential to find a space that fits your business needs, and considering the layout can help optimize your operations.
- Rent and amenities: with an average annual rent of $7 USD per square foot, you'll want to factor in the cost of rent, as well as any additional amenities, such as loading docks, cranes, or office space, that may be essential for your business.
With 4 available listings of industrial space for lease in Champaign, it's essential to carefully consider these factors to find the perfect space for your business.
