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Mistakes to Avoid When Searching for a Warehouse for Rent

Searching for a warehouse for rent is a daunting task simply because there are so many to choose from.  How can you ever be sure you are finding the “right one?”  Do you have enough knowledge to go that path?  What if you get swindled?  What if, what if, and what if?

This article will help!  In it we will give you some things to consider, and some suggestions to follow, all of which should allow you to breathe easy and continue with the process.  Read on and contact us if you have further questions at (817) 439-3224.  We are RDS Real Estate in Fort Worth and yes, we are in Texas, but the advice we will give us universal.

Do not rent a warehouse larger than you need

I would venture to guess that there are literally tens of thousands of warehouses in the United States.  Most were built between 1950-1990, and most are reasonably large, but there is a new trend towards smaller warehouses for the proliferation of small businesses in the Marketplace, so do not rent a warehouse for rent which is too large for you.  The right size is out there; you just have to find it.

But what if you live in a small town, and all the warehouses there are too large? Consider sharing a warehouse with several other companies. This is a common practice in many cities today; go to the Chamber of Commerce and make inquiries.  It is a solution which can definitely work if you find the right business people to share with.

Do not rent a warehouse smaller than you need

The opposite end of the spectrum must also be considered.  How much growth do you expect from your company in five years?  You need to plan for it and rent accordingly.  You certainly don’t want to undertake this search again in five years, do you?  Rent a warehouse based on sales five years from today and not based on today.  It will serve you well in the future, but not set you back too much extra in rent in the present.

Stay within your budget

This is the number one reason why businesses fail, by the way: they do not stay within their operational budget, and they sink under the weight of the overhead.  You set a realistic budget based on actual expenses and sales; stick with it.  It is your business bible and it must be followed.

Think multi-use properties

What is a multi-use property?  Realistically it is practically any industrial property for rent.  A warehouse for rent is basically a shop for rent, which is basically a garage for rent, and on and on.  Do not limit your search to just a warehouse for rent.  The perfect industrial space might be waiting for you under a pseudonym if you know where to look.

About RDS Real Estate

We are a locally owned and operated company out of Fort Worth, Texas, with over one-million square feet of multi-use industrial properties for lease.  Contact us for more information or answers.  We can  help you!

 

 

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