Utrecht is centrally located in the Netherlands, which causes the accessibility and connectivity to be excellent for last-mile, regional and national distribution. 1,900,000 residents live within a 30-minute drive from this asset.
The strategically located site has direct access to the A2 highway with a great connection to the A12. This means that within an hour, a heavy vehicle truck can reach the total Randstad area of the Netherlands (approximately 8.2 million inhabitants), which includes the G4 cities: Rotterdam, The Hague, Schiphol Airport/ Amsterdam. The Port of Amsterdam and Schiphol Airport can be reached in approximately 30 minutes, while the Port of Rotterdam can be reached within 60 minutes.
Utrecht has a large industrial and logistics stock of 1,954,819 sqm in 2022 with a vacancy rate of only 3.35%. This large stock in combination with the low vacancy indicates the high demand for industrial and logistics space in Utrecht.
The subject property is located at business park De Wetering of approximately 170 hectares housing more than 100 companies. The business park is mostly used by car related companies, but also light industrial and distribution companies.