Finding, and securing, industrial space for lease does not have to be a harrowing experience, although it often is for many people. In this article, we break down the process so you are armed with information which will lessen your concerns and leave you confident as you begin your search. We are the Fort Worth Design District, offering quality commercial and industrial space for lease in the Fort Worth, Texas, area. Call us at 817-439-3224 for more information.
Now, though, let’s simplify the rental process for you with these helpful tips:
- Find a qualified and experienced real estate broker
- Determine exactly the size you need plus
- Know your budget and don’t budge from it
- Know zoning for the various areas
- Make sure necessary utilities are available
- Negotiate the lease
Let’s delve into each of these now.
Real estate broker with industrial space for lease experience
We cannot overemphasize this tip. You need an experienced real estate broker to help you with this search. It is their job to know the area. It is their job to know the zoning, know the costs associated with individual properties, and to know what is a good lease and what is a bad lease. In other words, they know everything you do not know, and that knowledge is crucial in finding exactly what you need.
Size of industrial space plus
You think you need a 5,000 square foot warehouse for rent. You have done all the measurements, drawn up various schematics, and you believe 5,000 square feet will serve your needs well for the immediate time. But what if your business grows which, if we are not mistaken, is the whole point of being in business? What if you need a larger industrial space in three or four years? Do you really want to move your business to a larger office warehouse for rent in three years? Plan for the present with an eye on future success!
Crucial budget for industrial property for lease
Only you know what you can afford to spend each month. The #1 mistakes business owners make, when renting commercial or industrial space for lease, is to bust their budget and spend too much for that space. That one mistake will cripple and sink your business faster than anything. Trust us, there is industrial space available which will fit within your budget. You just need to keep searching until you find it.
Zoning for industrial properties
A good real estate broker will know all about the zoning laws in every section of your city. Make sure the industrial space you want is zoned for your particular type of business. You would be amazed how many times we see this mistake made.
Utilities for accurate monthly budget
Renting industrial space costs more than just the rental fee. You need to factor in utilities, insurance, etc, and knowing what those utilities cost beforehand is crucial for your budgeting. You can get a fairly good estimate of those secondary costs by working with an experienced broker.
Negotiate the terms of your lease for industrial space for lease
Yes, you can negotiate an industrial property lease. No lease is etched in stone. Basically, everything in life is negotiable, and that is certainly true with real estate leases. You won’t know if you don’t ask, and we strongly suggest that you at least attempt to negotiate a lease which is favorable for you.
We have been in the commercial and industrial real estate business for a long, long time, and we guarantee, if you follow these suggestions, you will find the industrial space for lease you need.
A word about Fort Worth Design District
Located in the Alliance Area of North Fort Worth, the Fort Worth Design District is actually three business parks in one business enclave: Box Office Warehouse Suites, Paddock Place Office Suites, and the Golden Triangle Business Park. No matter what you need in commercial and industrial space for lease, it can be found in the Fort Worth Design District. Call us today!