If you have been searching for a warehouse for rent, and money is an issue (isn’t money always an issue?), this article may present some valuable information for you.
We are the Fort Worth Design District, a funky, creative enclave of entrepreneurs in North Fort Worth, Texas, and we know a thing or two about commercial and industrial space for lease. Call us at 817-439-3224 for more information about our three distinct business parks: Box Office Warehouse Suites, Paddock Place Office Suites, and Golden Triangle Business Park.
But that’s Fort Worth! Let’s talk about finding the best warehouse for rent, in the area you are located, for the best price/value.
The price of a warehouse for rent is determined by S&D
The price of any industrial space in any city is basically determined by the competition. Never underestimate the power of supply and demand. The cost is stated in terms of price-per-square-foot, and that price will be fairly consistent throughout any metropolitan area. Why? The answer is obvious. Price property too high, and very few customers will even bother to look at it, unless the amenities included in the rental are outstanding and worth the extra monthly lease payment.
Price a property too low, and suspicion immediately grows in the minds of investors. Why is that property a full dollar per foot cheaper than all other warehouses? Is it location? Are there problems with zoning? Is it structurally stable?
That being said, anyone hoping to lease a warehouse for rent, or office warehouse for rent, will be looking at a large number of options, all of which are priced similarly and, most likely, all of which look similar, the standard warehouse design, rectangular, cement exterior, antiseptically-boring but functional.
How do you find great value on a warehouse for rent?
The first thing you must do, looking for value, is to think outside the box, and stop thinking in terms of a traditional warehouse. Perhaps a few examples might help.
There are some small businesses, and we are talking about one or two person businesses, which might consider using a storage unit at a storage facility for their warehouse. Large storage units, say 20’x30’, can be found for $300 per month or less, and provide 600-square feet of storage.
Instead or renting a warehouse, how about purchasing one of those pre-fab buildings offered on Amazon, or a large garden shed like you might find at Home Depot. Again, this would be for a small business, but it is certainly worth considering if price is a factor.
The key to this discussion is to look for creative solutions to this problem, and we have one at Fort Worth Design District.
Take Fort Worth Design District for an example
Box Office Warehouse Suites is an entire business park made from refurbished shipping containers. Because our construction costs are so low, those savings are passed on to those who lease units from us. A typical warehouse for rent at Box Office Warehouse Suites is 320 square feet and costs less than $1000 per month, the perfect size for a small business, a one-person business, or a home-based business looking to expand.
In our case, thinking outside the box will actually put you in a box!
Do you have something similar to Box Office Warehouse Suites in your city? You’ll never know unless you spend the time and do your research, but it will be time well-spent if you come across an opportunity like Box Office Warehouse Suites.
A final word about Fort Worth Design District
Fort Worth Design District is locally owned and operated, part of the RDS Real Estate firm, with over two-million square feet of commercial and industrial space for lease in the Greater Fort Worth area. Call us for all of your commercial and industrial property needs.