El Paso, Texas, is a strategic location for businesses seeking to establish a strong presence in the Southwest, particularly when it comes to Industrial Space for lease. With its unique blend of Mexican and American cultures, El Paso offers a diverse and skilled workforce, making it an attractive destination for companies looking to expand or relocate. The city's proximity to the US-Mexico border and its extensive network of highways, railroads, and international bridges provide unparalleled access to markets in both countries. Additionally, El Paso is home to a number of major institutions, including the University of Texas at El Paso, the Medical Center of the Americas, and Fort Bliss, which contribute to the city's economic vitality. The city's strong federal and military presence, combined with its growing healthcare and tourism industries, make it an ideal location for businesses seeking to capitalize on these trends.
El Paso's Industrial Space for lease market offers a range of options, with 68 listings available. The average annual rent per square foot is $9 USD, and the average size of these spaces is 111,951 square feet, with some spaces reaching up to 801,000 square feet. In addition to Industrial Space, El Paso also offers a range of other property types, including Flex Space, which is ideal for businesses that require a combination of office and warehouse space. Commercial Real Estate options are also available, providing businesses with a range of retail and office spaces. For those looking to develop their own property, Land is available for purchase, and Restaurants can be found throughout the city. With its unique blend of cultures, strong economy, and extensive infrastructure, El Paso is an attractive destination for businesses seeking to establish a strong presence in the Southwest.
What is the average size of industrial space for lease in the El Paso market?
The average size of industrial space for lease in the El Paso market is 111,951 square feet, with a total of 68 available listings, ranging from smaller spaces to larger facilities of up to 801,000 square feet, offering a variety of options for businesses and industries operating in the area.
What do I need to look for when leasing an industrial space in El Paso?
When leasing an industrial space in El Paso, there are several key factors to consider to ensure you find the right property for your business needs.
- Average annual rent per square foot, currently at $9 USD, and average space size, which is approximately 111,951 square feet, to determine your budget and space requirements.
- Maximum space size, up to 801,000 square feet, to accommodate your business's growth and operations.
- Proximity to major transportation facilities, such as El Paso International Airport, Interstate 10, and US Highway 54, as well as access to amenities like the Franklin Mountains State Park and the University of Texas at El Paso, to ensure convenient logistics and a quality of life for your employees.
With 68 available listings of industrial space in El Paso, it's essential to carefully evaluate these factors to find the ideal property for your business.
