Piqua, OH Industrial Properties for Lease
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Industrial properties for Lease in Nearby Cities
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Piqua, OH Industrial properties Lease Rates & Market Statistics
Explore 4 Industrial properties for lease in Piqua, OH on Realmo, a commercial real estate exchange covering the Piqua area. The current inventory totals 71,092 square feet of properties.
Industrial properties lease rates in Piqua range from $5.56 SF/Yr at the entry level to $5.56 SF/Yr at the top of the market, averaging $5.56 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $5.56 SF/Yr is 41% below the Ohio state average of $9.47 SF/Yr.
Piqua accounts for 33% of the 12 industrial properties currently available across Miami County, where nearby markets include Troy and Tipp City.
How to lease industrial property in Piqua, OH
- Define your operational specs. List the requirements that can't be changed later: clear height, dock doors, floor load capacity, column spacing, and 3-phase power for equipment.
- Position for your supply chain. Use Location Intelligence to compare Piqua, OH submarkets by highway, rail, and port access. Infill sites near urban cores cost more but win last-mile delivery.
- Verify zoning and building condition. Confirm your use (manufacturing, distribution, storage) is permitted, and inspect truck court depth (120+ ft. for modern trailers), HVAC, and roof condition.
- Order an environmental assessment. Request a Phase I environmental report. Without protective lease language, tenants can inherit liability for contamination left by prior industrial users.
- Model the NNN economics. Industrial leases are typically triple net with 2–4% annual escalations. Calculate total occupancy cost, not just base rent, using the Lease Calculator.
- Negotiate term, TI, and expansion rights. Standard terms run 3–7 years. Trade a longer commitment for a bigger TI allowance and secure renewal options plus rights on adjacent space. Plan 60–120 days from search to occupancy.