Norman, Oklahoma, is an attractive location for businesses seeking to establish or expand their operations, particularly those in need of Industrial Space for lease. With a population of approximately 130,000, Norman offers a diverse economy, a strong focus on higher education and research, and a range of amenities that make it an ideal place for business and travel. The city's association with severe weather research, its diverse economy, and its institutions like the University of Oklahoma, the National Weather Center, and the Storm Prediction Center, make it an attractive location for companies involved in scientific research, technology, and innovation. Additionally, Norman's vibrant arts and culture scene, supported by institutions like the Fred Jones Jr. Museum of Art and the Sam Noble Oklahoma Museum of Natural History, offer a range of exhibits and performances for residents and visitors alike.
Norman's Industrial Space for lease market offers a range of options, with 12 listings available. The average annual rent per square foot is $10 USD, with sizes ranging from 1,406 square feet to 50,000 square feet. In addition to Industrial Space, Norman also offers Flex Space, Commercial Real Estate, Land, and Restaurants for lease or sale. The city's Flex Space options are ideal for businesses that require a combination of office and warehouse space, while its Commercial Real Estate offerings cater to a range of business needs. For those seeking to develop their own property, Norman's Land options provide a range of possibilities. Finally, the city's Restaurants for lease or sale offer a range of dining options for residents and visitors. Overall, Norman's diverse range of property types and its attractive location make it an ideal place for businesses to establish or expand their operations.
What is the average size of industrial space for lease in the Norman market?
The average size of industrial space for lease in the Norman market is 6,980 square feet, with a total of 12 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 Norman?
When leasing an industrial space in Norman, there are several key factors to consider to ensure you find the right property for your business needs.
- Average annual rent per square foot, which is currently $10 USD per square foot, to determine your budget and find a space that fits within it.
- The size of the space, with average sizes ranging from 6,980 square feet to 50,000 square feet, to ensure you have enough room for your operations.
- Proximity to major transportation hubs, such as Will Rogers World Airport and Max Westheimer Airport, as well as access to Interstate 35, U.S. Highway 77, State Highway 9, and State Highway 77H, to facilitate the transportation of goods and supplies.
