Manchester, New Hampshire, is a prime location for industrial space, offering a unique blend of history, culture, and commerce. With its rich textile mill town heritage, the city has diversified its economy over the years, attracting key employers in healthcare, education, and major corporations. The city's vibrant downtown area boasts notable landmarks like the SNHU Arena and various high-rise buildings, making it an attractive location for businesses. Manchester's mix of residential, commercial, and retail spaces, including popular shopping areas like the Mall of New Hampshire, provides a dynamic atmosphere for industrial space. With ongoing redevelopment efforts, particularly in the Amoskeag Millyard, Manchester is transforming into a cultural and commerce hub in the state. As a result, industrial space for lease in Manchester is a valuable investment opportunity, offering access to a skilled workforce, excellent infrastructure, and a thriving business environment.
Manchester's industrial space for lease offers a range of options, with 22 listings available. The average annual rent per square foot is $11 USD, with sizes ranging from 500 square feet to 1,120,000 square feet. In addition to industrial space, Manchester also offers flex space, commercial real estate, land, and restaurants for lease or sale. The city's flex space options provide flexibility and adaptability for businesses, while its commercial real estate offers a range of office and retail spaces. Land is also available for development, and restaurants can be found throughout the city, catering to diverse tastes and cuisines. With its unique blend of history, culture, and commerce, Manchester is an attractive location for businesses, making it an ideal place to invest in industrial space for lease.
What is the average size of industrial space for lease in the Manchester market?
In the Manchester market, the average size of industrial space for lease is 50,794 square feet, with a maximum space size of 1,120,000 square feet available among the 22 listings currently on the market.
What do I need to look for when leasing an industrial space in Manchester?
When leasing an industrial space in Manchester, there are several key factors to consider to ensure you find the right property for your business needs.
- Location: Look for industrial spaces located near major transportation hubs, such as Manchester-Boston Regional Airport, Interstate Highways, and U.S. Routes, to facilitate easy access to suppliers, customers, and employees.
- Space size and layout: With an average size of 50,794 square feet and a maximum space size of 1,120,000 square feet, consider the specific needs of your business, including the number of employees, equipment, and inventory storage requirements.
- Rent and amenities: With an average annual rent of $11 USD per square foot, factor in the cost of utilities, maintenance, and any additional amenities, such as loading docks, cranes, or office space, that may be essential for your operations.
