Committing to a warehouse for rent is a big undertaking. It can be stressful, for sure, but it is not nearly as stressful as committing to the wrong warehouse for rent and paying for those mistakes for twelve full months.
With that in mind, this article will point out a few mistakes to avoid when looking for a warehouse for rent. We are the Fort Worth Design District, serving the Greater Fort Worth area. Call us at 817-439-3224 for more information about a warehouse for rent, shop for rent, office for rent, or retail space for rent, in the Fort Worth area.
Now, though, let’s talk about common mistakes you should avoid.
Don’t go it alone
We are in the commercial and industrial real estate business, so we know it sounds self-serving of us to say this, but you should never take on the task of renting a warehouse for rent without consulting with a professional, someone who knows the area and who can help you navigate the confusing waters.
A professional knows the advantages and disadvantages of each property they show you. If you find a leasing agent who is honest and eager to do right by you, they will confer, to you, those advantages and disadvantages to you. They will be interested in learning as much as they can about your individual business so they can find the perfect match. Not all warehouses are the same. This is not a one-size-fits-all situation, and a true professional easing agent understands that.
How about sharing
This may seem like a strange question, but so be it: do you really need an entire warehouse for your business, and the expense that accompanies that warehouse lease? Could you possibly get by with sharing a warehouse with another small company? This is a practice which is becoming more and more popular, two or more companies sharing industrial space for lease. It is money-saving and definitely worth considering. Why rent a 2000 square foot warehouse if you don’t need that much room?
Read the darned contract carefully
We could tell you some horror stories about people who have not read the leasing contract and suffered the consequences of that omission. We cannot overemphasize this enough: you should read every word of your leasing contract, and if you don’t understand it, have a lawyer read it for you.
This is such a simple thing to do. Please do it!
Location . . . does it matter?
Here’s a blanket statement that may, or may not, apply to your business: location is not always an important factor for all businesses. It is entirely possible that your business would be fine in a warehouse for rent five miles from the downtown corridor of your city. Your business may not be affected by traffic flow. Perhaps all you need is easy access to the freeway and, other than that, location doesn’t matter. Consider this because, all too often, location affects the cost of a property.
We have given you enough to think about in one article. Consider what we have told you and do not, under any circumstances, make a decision quickly. This is too important to rush the process.
A word about the Fort Worth Design District
The Fort Worth Design District is a business enclave of forty-plus acres in North Fort Worth, the Alliance Area to be specific. It consists of Box Office Warehouse Suites, Paddock Place Office Suites, and the Golden Triangle Business Park. Call us for more information.