Whether you’re starting a new business venture or expanding your existing one, you might find yourself in need of a bigger facility to manufacture and store products. In this case, you might want to consider renting out an industrial property; this can enhance your daily operations, from production and storage to fulfillment and distribution.
If you’re not sure what industrial rental property is right for you, we’ve got you covered. In this article, we’ll share the different types of industrial facilities, their potential uses, and the factors you need to consider before renting out a space.
Different Types of Industrial Rental Properties
Industrial rental properties offer incredible opportunities for business owners like yourself to create a conducive working environment. But to benefit from this, you first need to know which facility is ideal for your nature of business. At present, there are three types to choose from.
A manufacturing facility is one of the industrial rental properties that allows you to produce and assemble goods and other products at a much bigger scale.
This type of facility has thousands of available square feet for you to use however you want. It also contains specialized, heavy-duty equipment, a large loading dock space, high-pressure air and water, and a three-phase electrical power line.
Due to the complex nature of a manufacturing facility, the property also offers top-notch exhaust and ventilation systems, as well as extensive storage units. If you have a business in the construction industry, we highly recommend looking into this type of property.
While manufacturing facilities are where products are built and assembled, warehouses are where they’re stored and distributed to end-users.
After constructing the goods, they will be shipped off to different distribution centers, where they can be stored until it’s time to deliver them to consumers. If your business revolves around retail, food, beverage, or e-commerce, this type of industrial rental property is ideal.
As the name suggests, flexible spaces are designed to give you optimal flexibility and versatility in terms of usage and operations. We highly recommend this type of space if you have a multi-faceted business venture that tends to touch on different industries.
Due to the design and composition of industrial properties, they often leave plenty of room for a variety of purposes. Besides construction, storage, and distribution, they can also be used for things like research and development, data collection, showroom display, and laboratory work.
Factors to Consider When Looking for the Right Industrial Facility
Regardless of the way you transform and use an industrial rental property, we recommend that you consider these factors to maximize efficiency and garner the best results.
- Location: If you rent out a manufacturing facility, make sure that it is not located in a populated area; we know from experience that this is necessary to guarantee minimal disruption for both the workers and the residents.
- Floor Plan: To gain the most flexibility and versatility, try to find a facility with an open floor plan. This will allow you to customize it in a way that boosts productivity and efficiency.
- Accessibility: Since industrial properties handle equipment transfers and product deliveries, your facility must be easily accessible by different types of vehicles.
Schwarz Industrial Rental Properties
Now that we’ve given you everything you need to know about the different types of industrial spaces and their potential uses, we know you’ll have a better understanding of what property you need and how to use it.