What you will pay for a warehouse for rent is kind of a tricky question. We will do our best to answer it in this article, but ultimately the answer will leave feeling a bit unfulfilled.
We are the Fort Worth Design District, answering the call for all of your commercial property for rent and industrial space for lease in the Greater Fort Worth area. Call us at 817-439-3224 for information on our properties in Box Office Warehouse Suites, Paddock Place Office Suites, and the Golden Triangle Business Park.
How a warehouse for rent is priced.
Any commercial or industrial property is priced by the square foot per month. Put another way, if a particular warehouse for rent, or office warehouse for rent, costs $2.00 per square foot, and the warehouse is 1,000 square feet, you will pay $2,000 per month for the lease.
This is how those lease prices were determined seventy-five years ago, and for the most part it is how they are determined today.
Having said that, there are two other factors which greatly affect the price of any commercial or industrial property.
A secondary factor in the pricing of a warehouse for rent.
The secondary factor we are referring to is twofold. First, competition will affect the price. Any particular area will have its own market price structure, based mainly upon what the market will bear. In a robust economy, that price may be higher than in a depressed economy. This can also be true of specific neighborhoods within the same city. A run down area of a city will not price property as high as a highly-desired area.
And, of course, certain areas in this country automatically charge more per square foot. Los Angeles, Dallas, San Francisco, New York, in these areas, premium properties will cost significantly more than in, say a small city in Arkansas, or a struggling city in Missouri.
These market influences are constantly in play, constantly shifting, and constantly adjusting prices.
Do your research and know what you are renting.
All of which leads us to this obvious answer: there is no way for us to answer the posed question with any definitive certainty. The only way to know what the price of a warehouse for rent is in your area is to do your research. Choose the specific area where you would like to rent, and then start calling around looking for the best price to match your budget.
Not related to the question of price, but still worth mentioning, is the fact that you need to know the zoning regulations for the area you are interested in, and also secondary considerations like utilities and WiFi. A great price on a warehouse for rent will do you no good if the zoning does not allow your type of business, or you cannot get reliable WiFi.
A final word about Fort Worth Design District.
We invite you to call the Fort Worth Design District. Talk to our leasing agent and tell them specifically what you need and what is the price point you are looking for. With over two million square feet of properties to choose from, we are confident we have what you need.