If you have priced the market lately for a shop for rent, you are fully aware that the prices are high, so high that many small business owners have a very hard time justifying the monthly cost. This article is meant to help you, the business owner, find the best value in a shop for rent, no matter where in the U.S. you work and play. We are the Fort Worth Design District, serving the Greater Fort Worth Metro area with outstanding commercial and industrial space for lease. Call us at 817-439-3224 for more information.
Why a shop for rent is important.
In most cases, finding a shop for rent, or retail space for lease, is important for a number of reasons. First, it gives a physical presence, and face, to your company/business. Second, it helps you to separate home from work, a problem anyone who has a home-based business is well-aware of. And third, it is a physical advertisement, each day passed by hundreds, if not thousands, of commuters and shoppers.
It just makes good sense to have a shop but, because of current real estate prices, wanting one and leasing one are often options which are light years apart.
What every shop for rent should have
First, and foremost, a shop for rent must be affordable. We will talk more about this in the next section. Secondly, a shop for rent must be in a high-traffic location. Third, it must be in a location zoned for your business activity. Fourth, it needs easy access and ample parking. And, finally, it must fit the image of your business.
Is one of these more important than the other three? We don’t believe so, but it all begins with your budget. Overpaying for a rental can damage your business beyond repair, so let’s move on to the next section now.
Stay within your budget or don’t rent
We are trying to be as blunt as possible when we say that and yes, it’s a strange thing for a commercial real estate company to tell you, but in the long run, for the health of a city’s business community, we all gain when all businesses flourish.
If you can only afford $1000 per month on rent, and you find the perfect shop for rent which costs, $1200 per month, it is our recommendation that you do not rent. Starting a business is hard enough; strapping yourself for cash just makes it that much harder and could, eventually, begin a spiral you cannot recover from.
Finding a good value in a retail space
Our recommendation for finding the best value in a shop for rent: think outside the box and look for alternative construction ideas. For example, in the Fort Worth Design District, there is a business park known as Box Office Warehouse Suites, a business park made from refurbished, used shipping containers. Because the construction of these units was less expensive, the savings are passed on to those who rent there, with units beginning at $995 per month, an excellent value in today’s commercial real estate market.
Wherever you are located, look for an alternative option like Box Office Warehouse Suites. You just might be pleasantly surprised in what you find.
Call Fort Worth Design District for some wonderful alternative properties for rent. We are locally owned and operated, and we have properties small business owners can afford.