If your business obtains,ships,or warehouses physical materials,then you are likely going to need to lease industrial space,whether you use a third-party logistics business or choose to rent out your own space.
Before starting your search,it is imperative that you identify what your companys’ specific requirements are when it comes to warehouse space,due to the fact that not every single space has the same amenities. For instance,not all properties are able to accommodate 18-wheeler deliveries. Remember,renting the wrong location may cost you thousands of dollars,therefore you along with your realtor need to do your research. Don’t just depend on what the landlord’s listing broker tells you. If you need help with this consider hiring at tenant rep likewww.AustinTenantAdvisors.com.
Whenever you know of your preferred size,layout,geographic location,and budget,you are all set to commence your commercial warehouse search and start touring locations.
There really are a lot of things to consider,therefore it’s crucial to make clear the facts when looking at a property. In this article is a list of necessary questions to ask well before renting commercial manufacturing property:
1. What is the property zoned for ? You want to ascertain the property is zoned for commercial warehouse use.
2. What is the presently permitted usage? In case that the property was previously permitted for warehouse & distribution usage,and your use is processing,you may possibly need to have to apply for a change of use permit. This might take up 30 to 45 working days.
3. What electrical related power is available? If you’re an industrial manufacturing business,then you very likely need to have a ton more electrical ability than most (e.g. 3 phase).
4. How high can I stack ? In the event that you desire to enhance your ability to stack packages,then you may need high ceilings. If you intend on using shelves in the warehouse then you want to make sure that there are high ceilings. The taller the ceilings the higher you can stack,the less warehouse space you may need for every sq ft.
5. What type of loading is there? Does the space feature a ramp or dock high loading? If you’re expecting deliveries using semi-trailer trucks,then you need to find dock high. Whenever you really need to be equipped to drive a delivery truck inside then you need to find grade level or a ramp.
6. Is the truck court large enough for trailer trucks ? Just because it provides dock high loading does not mean the truck court is large enough for an trailer truck to back up or have the ability to change directions. Definitely identify if the location is large enough to accommodate your truck deliveries.
7. Is the industrial warehouse sprinklered? Not every single warehouse has sprinklers,however, you might possibly be mandated to have them depending on your business.
8. Could I leave automobiles through the night? Oftentimes,businesses like to leave trucks through the night,although not every single place may permit that. Several properties may possibly possess poor surveillance,leaving your vans in danger of theft.
9. How long of a lease length is needed? In the event that your business is multiplying quickly then you should simply view warehouse property that is ok with a short-term lease contract (e.g. shorter than 3 yrs) or perhaps that might ensure business expansion options. In many cases landlord agents will likely push you to do a 3-5 yr lease agreement.
10. What is the quoted base rate and estimated operating costs? It’s important you know what your rent payment may be. Make certain to ask what else you are accountable for.
11. What is the vehicle parking rate? Many Business affiliated firms need much more parking than others however, not every building can possibly satisfy that. Make certain your vehicle parking criteria can be taken care of before executing.
12. Is the landlord including a build out allowance? In many situations the space will necessitate some improvements (e.g. brand-new paint,floor coverings,walls,demolition,etc). The amount agreed to may be largely dependent on the tenants credit history and rental length. The larger the lease contract term the more build out allocation you can expect.
13. Does the warehouse contain HEATING AND COOLING ? A lot of distribution centers will be delivered with hot warehouse space. HEATING AND COOLING install is not cheap so property owners do not like to set up them. If the building owner do agree to it they will probably request a longer lease contract and maybe a higher base lease price.
All these points merely get you started,but when exploring and touring industrial warehouse properties,it’s vital that you understand what you are analyzing and what detailed details you need to have. In the event that you aren’t experienced about renting warehouse space,then consider working with a professional who is.