What does a warehouse for rent cost? That seems like a very simple question and, in truth, it is the first question we are asked. However, it is not nearly as easy to answer it as it is to ask it.
If that seems a bit mysterious, hang with us and we will explain it all in this article by RDS Real Estate, serving the Greater Fort Worth area with affordable industrial space and commercial property for rent. Call us today at 817-439-3224 for current pricing information and availability of properties in the Fort Worth Metro area and Tarrant County.
All right, let’s tackle this simple, complex question.
The cost of a warehouse for rent is not standard.
Let’s say you want a warehouse for rent, or an office warehouse for rent, approximately 5,000 square feet in size, and you want it in a specific business district in the city where you reside. It is entirely possible that you would find a 5,000 square foot warehouse for rent with a price of $5,000 per month, and one a block away with a leasing price of $7,000 per month.
How is that possible? Two warehouses, same size, one block away, but a $2,000 difference in rent?
Read on!
What factors determine the lease price.
The condition of the warehouse you’re renting can also impact the price. A brand new, state-of-the-art warehouse is going to cost more than an older, run-down warehouse. However, it’s important to remember that the condition of the warehouse can also impact the safety and security of your inventory. It’s worth paying a little extra for a warehouse that is in good condition and well-maintained.
The amenities and features that come with the warehouse can also impact the price. For example, a warehouse with climate control, security cameras, and other high-tech features is going to cost more than a warehouse without those amenities. However, these features can also help protect your inventory and make your business more efficient, so they may be worth the extra cost.
Finally, the lease terms you agree to can also impact the cost of warehouse rental. For example, if you sign a long-term lease, you may be able to negotiate a lower rental rate. On the other hand, if you need a more flexible lease agreement, you may have to pay a higher rental rate. It’s important to carefully consider your business needs and budget when negotiating the lease terms.
And then, the secondary costs.
It is entirely possible, in fact likely, that secondary costs will differ from location to location. We are talking about hooking up utilities, having WiFi, installed, and so forth. Even having signage installed can cost more, depending upon where you lease. And then you need to consider the location of the warehouse and how that will affect your operating costs with regards to shipments. Adding an extra five miles to daily deliveries will greatly increase your transportation costs over the course of a year.
If this all sounds a bit complicated, that’s good. We want it to be. Renting a warehouse for rent needs to be approached very carefully, and you need to be fully aware of the costs involved.
A final word about RDS Real Estate.
RDS Real Estate is locally owned and operated, serving Fort Worth with over three million square feet of industrial space and commercial property for lease. Call us today and tell us what you need i.e. warehouse for rent, retail space for lease, shop for rent, loft for rent, garage for rent, we have it all.