The demand for warehouse space in Coppell, TX has seen an unprecedented rise—tailored to address the city’s booming supply chains and logistics services. This surge is more than just a passing trend; it’s underpinned by economic productivity and strategic positioning near major highways and DFW Airport.

For businesses looking to optimize their commercial real estate investments or pivot their warehousing strategies, understanding Coppell’s industrial landscape is crucial.

With over a decade of expertise in market research and supply chain management, we bring you an in-depth exploration of the Coppell warehouse industry. This report offers valuable insights on key economic indicators, major players like Amazon, real estate trends, and the tangible impacts of COVID-19 on warehouse demand.

Total Buildings: 214
Inventory: 28,431,541 sq ft
Direct Vacant: 3,417,015 sq ft
Overall Vacant: 3,679,178 sq ft
Direct Vacancy Rate: 12.0%
Overall Vacancy Rate: 12.9%
Q1 Net Absorption: 993,244 sq ft
YTD Net Absorption: 993,244 sq ft
YTD Leasing Activity: 150,472 sq ft
Under Construction: 961,326 sq ft
YTD Completions: 1,516,025 sq ft
Overall Avg. Asking Rent Per Year: $5.88/sq ft / year
Overall Avg. Asking Rent Per Month: $0.49/sq ft / month
Direct Avg. Asking Rent Per Year: $6.70/sq ft / year
Direct Avg. Asking Rent Per Month: $0.56/sq ft / year

Nestled within the thriving DFW Metroplex, Coppell boasts an industrial market that’s as diverse as it is dynamic. Major highways crisscrossing the area and proximity to DFW Airport make it a logistics dream.

The area has seen steady economic growth, driven by low unemployment rates combined with flourishing industries. For warehouse project managers and executives looking at potential opportunities—Coppell offers well-connected avenues for growth.

Economic indicators show promising trends in Coppell’s warehouse sector. Average property prices and rental rates remain competitive while vacancy rates are relatively low, signaling robust demand.

Businesses benefit from nearby amenities like restaurants, banks, shopping centers—and excellent educational institutions that offer quality schooling options for employees’ families.

This blend of infrastructure and community support makes leasing or buying warehouse space in Coppell not just viable but strategically sound. The synergy between infrastructure and economic incentives positions Coppell as a prime location for warehousing.

Understanding the economic indicators of Coppell, TX, is essential for making informed decisions about the warehouse industry market. Here are the key economic indicators:

Key Economic Indicators

Top companies like Amazon and LinkEx operate warehouses in Coppell. These big names bring business growth and job opportunities to the area. They choose Coppell due to its easy access to highways, public transportation, and airports.

Amazon uses large warehouse spaces for sorting goods and order processing. LinkEx offers third-party logistics services. Many other businesses also find Coppell’s location ideal for their warehousing needs.

Role of Amazon and Other Large Tenants

Amazon has a major role in growing Coppell’s warehouse industry. Their presence has fueled job creation, adding hundreds of positions. These jobs cover various roles from logistics to management.

Large tenants like Amazon reduce vacancy rates in the area. This high demand means more space gets utilized quickly, driving up rental prices. New businesses benefit from increased activity by partnering with these giants for better market share.

Coppell stands out with available spaces near major highways like I-35 and Highway 121. The proximity to DFW Airport makes it easy for companies needing quick logistics options. These areas maintain stable rental rates, enticing many businesses to set up warehouses here.

Some properties even offer amenities like advanced warehouse management systems.

Rental prices hover around $8 per square foot yearly, while vacancy rates are low at about 5%. COVID-19 boosted demand as more businesses moved online, fueling the need for warehousing services.

This uptick led to new constructions and expansions by large players such as Amazon.

New technologies are transforming the industry. Companies now look for smart buildings equipped with automated systems that improve inventory turnover ratio and efficiency. Tax breaks and economic incentives from local authorities further attract investments, enhancing overall market growth

Coppell offers enticing business and tax incentives. The DFW Airport significantly boosts the local warehouse market.

Business and Tax Incentives in Coppell

Coppell, TX offers many business and tax incentives. These incentives help attract and support companies in the warehouse industry.

1. Property Tax Abatements – Businesses can reduce property taxes for a set period. This makes it cheaper to own or lease warehouses in Coppell.
2. Sales Tax Rebates – Companies get rebates on sales taxes they generate. This boosts their return on investment by reducing overall costs.
3. Freeport Exemption – Coppell exempts certain goods from inventory taxes if they qualify under the Freeport law. This benefits businesses involved in manufacturing and distribution.
4. Job Creation Grants – Companies creating new jobs might receive cash grants from the city of Coppell. This encourages local employment and economic growth.
5. Industrial Revenue Bonds – Businesses can finance new warehouse projects using industrial revenue bonds issued by Coppell, offering lower interest rates compared to traditional bank loans.
6. Business Retention Program – Existing businesses receive support to stay and grow in Coppell through special programs funded by the city.
7. Workforce Training Grants – Funds are available for training employees, improving workforce skills, which increases company productivity and competitiveness.
8. Expedited Permitting Process – The local government provides faster permit approvals for building warehouses, reducing delays in project completion.
9. Foreign Trade Zone Benefits – Located near DFW Airport, Coppell offers Foreign Trade Zone status, providing duty deferrals and other savings for import-export businesses.
10. Tax Increment Financing (TIF) – TIF districts help fund public infrastructure improvements that support warehouse development areas, boosting property values without increasing taxes for current residents.

Coppell Economic Development Initiatives

Coppell has seen strong business growth and high employment rates. The city offers many initiatives to boost warehouse industries.

1. Tax Incentives:
   • Coppell gives several tax breaks for new or expanding businesses.
   • These incentives reduce operational costs.
   • Companies save money on taxes, making the area more attractive.
2. Infrastructure Improvements:
   • The city invests heavily in roads and public transportation.
   • Proximity to major highways helps with shipping and logistics.
   • Safe and efficient routes keep transport smooth.
3. Business Support:
   • Coppell provides resources like grants and loans.
   • Businesses can use these funds for capital investment or new technologies.
   • Support extends to all sectors but focuses on warehouses.
4. Strategic Location:
   • Near DFW Airport, making it easy for air cargo transit.
   • Close to major highways, improving truckload deliveries.
   • Excellent for third-party logistics services due to its central spot.
5. Skilled Workforce:
   • Various job training programs help residents gain skills needed in warehouses.
   • A strong pool of workers is ready to support new businesses.
   • High employment rates show the effectiveness of these initiatives.
6. Economic Development Office:
   • Offers personalized help for businesses looking to settle in Coppell
   • Helps navigate business regulations and get permits quickly
   • Provides crucial information about market trends and opportunities
7. Local Partnerships:
   • Collaboration with local colleges offers internships and workforce training
   • Programs ensure a steady flow of skilled workers
   • Partnerships aim at continuous improvement in workforce quality

DFW Airport’s Influence on Coppell’s Warehouse Industry Market

Businesses flock to Coppell, TX due to its proximity to DFW Airport. This closeness offers easy access to both domestic and international markets. Major highways also enhance connectivity, making transportation smooth and reliable for companies.

The airport has fueled growth in the industrial real estate market here. Big players like Amazon find this location perfect for efficient logistics—thanks to the great connectivity and distribution options provided by the airport.

Thus, many industries benefit economically from being near DFW Airport.

Coppell’s market shows promise. Growth in population, employment, and economic indicators paint an optimistic future. Warehouse demand remains high, backed by low vacancy and rising rental rates. Proximity to DFW Airport and major highways enhances appeal, ensuring continued interest from logistics firms. New projects and services will support this momentum, fostering a robust warehouse industry in Coppell.

Coppell’s warehouse industry is thriving. Economic growth and key businesses drive high demand. Coppell benefits from its prime location near highways and airports. Major players like Amazon boost the market further.

The future looks promising for Coppell’s warehouses.