Whether you’re a retail brand looking for a warehouse to rent or a business in need of industrial space, you’ll want to be sure to do some thorough research beforehand. The last thing you want is to sign a lease with hidden costs that will add up over time.
A lot of warehousing to rent have a base rate that’s charged on a monthly, quarterly or yearly basis. These are the charges that go towards the landlord’s operating expenses like taxes, property insurance and maintenance. Typically, landlords will charge tenants NNN or CAM on top of this base rate. Additionally, many warehouse spaces will require their tenants to pay for the electricity bill for the building. This tends to be around $2 per square foot a year.
From Listings to Leases: Your Ultimate Guide to Warehousing for Rent
You’ll also need to ask about the warehouse space’s capacity, as well as its ceiling height. If you’re going to use heavy machinery, it’s important that the warehouse space can handle the weight of whatever equipment you need. It’s also important that you understand what a warehouse’s zoning regulations are before you sign a contract, as this will affect what types of goods can be stored there.
Finally, it’s worth checking to see if the warehouse is close enough to where your employees can get to work. You’ll want to ensure they can easily access public transit options and have parking available. It’s also a good idea to check to make sure the warehouse has amenities your team needs, such as men and women’s restrooms and break rooms.
