Industrial rental properties provide a creative and practical option for businesses looking to differentiate from commercial property rentals. Rather than constructing an expensive industrial property from the ground up, businesses cut costs and save time by renting an industrial property rather than a commercial one. They typically follow the same net lease terms as commercial real estate spaces, making the transition from one form of rental space far less complex. To help you figure out how switching to industrial properties could benefit even a small business, we’ve put together our potential uses for industrial rental properties:
Warehouses
Warehouses are excellent for large industrial properties and are the most common industrial real estate rentals. These spaces are useful for businesses whose primary services involve shipping and transporting large quantities of materials and goods. Warehouses are often located in industrial parks, areas of a city designated explicitly for industrial rental properties rather than commercial leases or residential and commercial real estate property.
Office Buildings
Renting office space in a business park can be extremely costly. If you’re a business owner on a budget, renting a commercial real estate space can be tricky – opt for an industrial property instead! There are endless opportunities for customization about using an industrial property as an office space; you are not limited to pre-set ideas of what this space should be. This method of free design could significantly enhance a more modern office environment; for example, you could design an open-concept layout for your office rather than the traditional cubicle setting. The options for creativity are endless!
Educational Spaces
Educational institutions can also greatly benefit from the versatile nature of industrial rental properties. With ample space, these properties can be transformed into classrooms, laboratories, workshops, or even libraries. This adaptability is particularly useful for specialized educational programs that require unique settings, such as vocational training centers or art studios. The expansive layouts commonly found in industrial properties allow for the implementation of diverse learning environments that can accommodate both traditional and innovative teaching methods. Furthermore, the cost-effectiveness of renting an industrial space over a traditional educational facility can free up budgetary resources for other important educational needs.
Showrooms
Industrial rental properties can also serve as ideal showrooms for businesses looking to showcase their products or services. The large, open layouts of industrial spaces provide ample room for product displays and demonstrations, creating an immersive experience for potential customers. Additionally, the cost savings from renting an industrial space rather than constructing a showroom from scratch can be reinvested into marketing and advertising efforts.
Manufacturing Facilities
Manufacturing goods requires lots of space to store large machinery and physical materials, making an industrial real estate property the perfect location for a manufacturing facility. Industrial properties often have thousands of square footage to use, which is ideal when planning the layout of your facility. Manufacturing facilities regularly require large shipping and loading areas for transport trucks, and industrial properties often contain transport bays ideal for storing these vehicles.
Research and Development Labs
Industrial rental properties are excellent choices for businesses focusing on research and development (R&D). The spacious layouts allow for the installation of specialized equipment and secure areas necessary for R&D activities. These spaces can be customized to support various research processes, ensuring both safety and efficiency.
Creative Studios
Artists, designers, and creatives often seek out spaces where they can both create and display their work. Industrial rental properties offer the high ceilings and open spaces that are ideal for studios. These spaces can be tailored to suit the needs of different creative processes, from painting and sculpture to digital media production.
Fitness Centers and Gyms
The demand for fitness centers and gyms continues to grow, and industrial properties provide the perfect spacious environment for such facilities. The adaptability of industrial spaces allows for everything from traditional gym setups with weightlifting and cardio equipment to specialized centers focused on yoga, martial arts, or even indoor sports.
Event Venues
Industrial properties can be transformed into unique event venues for weddings, corporate events, and other large gatherings. Their raw, open space offers a blank canvas for event planners looking to customize the venue to fit the theme and scale of any event. The industrial aesthetic also adds a unique, edgy vibe that can make events stand out.
Co-working Spaces
With the rise of freelancing and remote work, co-working spaces have become increasingly popular. Industrial properties, with their expansive layouts and high ceilings, offer an ideal environment for co-working spaces. They allow for a mix of open areas conducive to collaboration, as well as quieter, more private sections for individual work. The flexibility in design also enables the creation of communal amenities, such as lounges, kitchens, and conference rooms, further enhancing the appeal for today’s dynamic workforce.
Retail Outlets
Although not traditionally associated with industrial spaces, innovative businesses are turning these areas into unique retail outlets. The large open spaces can accommodate a variety of retail setups, from traditional storefronts to more experimental layouts that blend shopping with experiential areas. This unconventional approach to retail not only provides businesses with a cost-effective space but also offers customers a distinctive shopping experience.
Storage and Distribution Centers
Industrial properties serve well as storage and distribution centers for businesses involved in e-commerce or need large storage solutions. These spaces can be efficiently organized for inventory management and have the necessary infrastructure for easy loading and unloading of goods. Their typically strategic locations, often close to major transportation hubs, make industrial spaces even more attractive for businesses looking to optimize their distribution and logistics operations.
Finding Perfect Industrial Rental Properties
The industrial rental property real estate industry is booming, with many companies popping up to market commercial property for sale or rent. There are even apps listing commercial property for rent! With all these options, knowing where to begin is challenging. Many businesses search for a cheap industrial space for rent, and you don’t want to be left high and dry asking, “Where is a small industrial space for rent near me?” The sooner your business is involved in the industrial property industry, the better.
Schwarz Industrial Rental Properties
If you’re looking for an industrial property for rent, we at Schwarz Properties specialize in industrial property rental and would be happy to assist you in this new business venture. Reach out today to learn more and see how we can get you into the perfect space for your business today!
