Renting out warehouse space is a great way of expanding your business without overspending your money. They’re also very low maintenance compared to the standard industrial office space. When you’re searching for a warehouse for rent there are a few things to consider before signing the lease.
Warehouse for Rent
The modern business is evolving. Many more businesses are choosing to rent warehouses instead of looking for the typical office space. As stated before, one of the reasons more businesses are renting warehouses is because the cost of leasing a warehouse is less expensive upfront because and in the long term because you won’t need to worry about taking care of the property as much as you would with retail. We’ll go over some tips to help you find the right warehouse for your business.
Consider the Size
When leasing or buying a property people usually think in terms of square footage which is the length and the width in square feet. When it comes to a warehouse you should not only consider the square feet but also the cubic feet which takes into account the height of the warehouse. Unlike other commercial properties you’ll have much more upward space in a warehouse that you can use to your advantage by storing things more vertically instead of spread out across the space. An important question about renting when it comes to space is how much you think your business will expand. One of the great things about leasing a warehouse is the surplus of space but it’s always good to think ahead to ensure you’ll have the room you need to expand. If you’re planning on using vehicles and loading equipment inside of the warehouse you’ll want to make sure the doorways are big enough to easily fit them.
Does it Have the Equipment You’ll Need?
Whether you’re planning on using the warehouse as mostly an office space or for moving and storing products it’s important to make sure the warehouse is prepared for what you need. If you’re going to be using a lot of computers then you’ll naturally need the internet to conduct your business. Check the availability of internet service at that location and that it has the proper setup for when you get internet installed. You’ll also need enough outlets to hook your computers too that are easily accessible. If you’re using power tools or larger equipment, find out what voltage is required and if the warehouse has the right voltage to be compatible with your equipment. Depending on if the goods you may be storing are sensitive to humidity and temperature it’s vital to find out if the warehouse has temperature control to protect the quality of your goods. Also ask what kind of fire suppression system they have, especially if you’ll be storing flammable goods.
Learn About The Surroundings
The inside of a warehouse isn’t the only important part. Depending on if you’ll be using trucks, you may want to see if there’s enough room for your trucks to operate and park without any hassle. Whether you want a short-term lease or long-term lease, scouting the area that your warehouse is located in will help to determine if it has easy access to highways and if there are other businesses close by that your employees can have access to. Not only that, but you’ll also be able to determine if the price of rent is fair based on the cost of rent in the area.
What Else is Important When Looking at a Warehouse For Rent?
Schwarz Properties is an excellent source of information if you’re interested in learning more about the benefits and challenges that come with leasing a warehouse. Feel free to visit our website or call us at (336) 895-1336 to learn more.