Duluth, Minnesota, is a prime location for Industrial Space, offering a unique combination of natural beauty, economic growth, and infrastructure. With its proximity to Lake Superior, the city has established itself as a major hub for cargo shipping, handling various commodities such as coal, iron ore, grain, and wind turbine components. The presence of institutions like the University of Minnesota Duluth, The College of St. Scholastica, and Lake Superior College, along with major employers like Cirrus Aircraft, TKDA, and Enbridge, makes Duluth an attractive location for businesses. The city's infrastructure, including the Lakewood Water Treatment Plant, the Duluth Fire Department, and Minnesota Power, ensures a reliable supply of water, fire protection, and electric power. With 5 Industrial Space listings available for lease, businesses can find the perfect space to suit their needs.
Industrial Space in Duluth offers a range of benefits, including access to a skilled workforce, proximity to major transportation facilities like the Duluth International Airport, and a diverse economy with a strong presence of healthcare, higher education, retail, and business services. In addition to Industrial Space, Duluth also offers Flex Space, Commercial Real Estate, Land, and Restaurants for lease, providing businesses with a variety of options to suit their needs. With average annual rent per square foot at $11 USD, and spaces ranging from 2,499 to 23,000 square feet, businesses can find the perfect Industrial Space to suit their budget and requirements. Overall, Duluth's unique blend of natural beauty, economic growth, and infrastructure makes it an attractive location for businesses looking to establish or expand their operations.
What is the average size of industrial space for lease in the Duluth market?
The average size of industrial space for lease in the Duluth market is approximately 7,953 square feet, with a total of 5 available listings, ranging from smaller spaces to larger facilities of up to 23,000 square feet.
What do I need to look for when leasing an industrial space in Duluth?
When leasing an industrial space in Duluth, there are several key factors to consider to ensure you find the right property for your business needs, including:
- Location: With 5 available listings of industrial space, consider proximity to major transportation facilities like the Duluth International Airport, Interstate 35, and the Port of Duluth, as well as access to amenities like the Lakewood Water Treatment Plant and the Duluth Fire Department.
- Space size and layout: With average sizes ranging from 7,953 square feet to 23,000 square feet, think about the specific requirements of your business, including the need for loading docks, cranes, or other specialized equipment.
- Rent and utilities: Be prepared to negotiate a lease that works for your business, with average annual rent per square foot at $11 USD, and consider the costs of utilities like electricity and water provided by Minnesota Power and the Lakewood Water Treatment Plant.
