Cheyenne sits along the Front Range Urban Corridor, a fast-growing region that encompasses parts of Wyoming and Colorado. The town has a very low unemployment rate, reflecting the recent boom in industry. The location ranks among the windiest in the United States, which has prompted a number of wind energy businesses to emerge.
Many locals continue to serve other industries that have been in the town for generations, such as the railroads and the local military bases. With the rising population has also come an increase in home costs, though they and commercial real estate prices still remain quite reasonable. Forbes named Cheyenne one of the Best Small Places for Businesses and Careers, ranking it 152nd. It also ranked as Number 67 among those cities for education.
Mining, oil and gas also continue to provide jobs to the region, though all have suffered over the past decade and a half. If you want warehouse space for rent in Cheyenne, you can likely find it for less than in the Midwest or the West Coast, with reasonable deals available.
Cheyenne has so many qualities that make doing business here a pleasure. It’s the sort of town where people know and care about each other, even with its fairly large population. State-wide, Wyoming sees an influx of people coming from other states to work, so you’ll have no trouble getting a workforce in place if you have a manufacturing or distribution company.
The local economic development office offers a lot of incentives to non-retail businesses, including financial assistance and training. Statewide organizations can assist with relocation and expansion services. The Chamber of Commerce and community leaders continue to work on a plan to revitalize the downtown for the future, aiming to create new entertainment opportunities as well.
Purchasing your office space or leasing through a Coldwell Banker Commercial professional gives you a trusted advisor who can walk you through the process and give you the insights you need to make smart decisions. Our agents live and work in this community. They know the trends, the local laws and the people who live here, which means they can give you an insider’s view of the market, steering you toward the best value for your money.
The Coldwell Banker Commercial organization has nearly 3,000 agents. That’s thousands of professionals sharing information and tips to get you the right deal. Our professionals always put your best interests first and advise you without a thought to our bottom line, because that’s the right way to do business.
Before you start your search for new property in Cheyenne, get in touch with our offices. We can give you more information on the area to help you learn more, such as real estate data and trends information. Contact one of our Cheyenne professionals today.