For a business owner, without a doubt, one of the most important business decisions is in choosing industrial space for lease which matches the operational budget and the specific needs of that business.
You would be amazed by the number of businesses which have failed because the wrong industrial space was leased, and we mean amazed in a negative way. Hopefully, this article will give you some things to think about and possibly set you on the correct path as you prepare to look at industrial space for lease in your city.
We are the Fort Worth Design District, a brand-new business enclave located in North Fort Worth. Call us at 817-439-3224 for answers to your questions about leasing industrial and commercial property, or arrange for a tour of The District.
Here, then, are three options to consider with industrial space for lease.
Think out of the box with industrial space for lease
You have options. You probably have options you are not even aware of.
You go online and search for industrial space for lease. The first ad you find talks about a warehouse for rent. You go look at it, but what you really need is an office warehouse for rent, and the property does not have an office.
You go online and search for industrial space for lease. Another ad tells you about a shop for rent, but it is lacking in some particulars you consider important.
These are common problems people face when searching for industrial space, but they can be avoided by being creative and thinking outside the box. In the first instance, the problem of no office could be solved simply by portioning off a part of the warehouse for an office. In the second situation mentioned, the shop for rent could possibly be altered to meet the needs of the client if they had simply worked with the leasing agent on a solution.
Broaden your search and be creative. The only difference between a shop for rent and a warehouse for rent, in many instances, is the description on the ad you read.
Perhaps you can share industrial property with another business
A practice which is gaining in popularity is the sharing of industrial space with another company. This saves on the monthly lease. This saves on the cost of utilities and other operation costs. Two small businesses simply share a large warehouse space, half for one business, half for the other, both conducting business in the shadow of each other. It has worked for many, it will work for many more, and it is worth considering.
Can’t find what you need and can afford? Do nothing!
The final option we want to mention today is to do nothing. Never lease industrial property for rent which does not meet your needs. Never lease industrial property for lease which is too expensive. Your business will suffer if you do either of those things.
Can’t find what you need at a price you can afford? Keep looking . . . and keep looking . . . and enlist the aid of professionals like the ones you will find in the Fort Worth Design District.
A word about the Fort Worth Design District
The Fort Worth Design District is a little over forty acres of prime commercial and industrial real estate. It consists of three separate business parks, namely Box Office Warehouse Suites, Paddock Place Office Suites, and the Golden Triangle Business Park. Call us today, tell us what you need, and work with us to make your search a successful one.