If your company receives,ships out,or stores physical packages,then you are going to need to lease warehouse property,no matter if you utilize a 3rd party logistics company or decide to rent your own unique space.
Before you start searching,it’s imperative that you establish what your organizations’ specific requirements are when it relates to industrial warehouse property,considering that not every single property has the same facilities. For example,not all properties are able to accommodate 18-wheeler deliveries. Keep in mind,renting the incorrect property can cost you thousands of dollars,so you as well as your real estate agent should do your research. Don’t just rely on what the property owner’s listing agent tells you. If you need help with this consider hiring at tenant rep likeAustin Tenant Advisors.
When you have a notion of your ideal size,layout,area,and budget,you are all set to start your industrial warehouse search and begin looking at property.
There certainly are a lot of nuances to keep in mind,so it’s very important to clarify the features whenever looking at a space. Listed below is a list of fundamental things to inquire well before renting industrial warehouse property:
1. What is the zoning ? You need to ensure that the commercial property is zoned for industrial warehouse use.
2. What is the presently permitted use? In the case that the location was formerly authorized for industrial warehouse & distribution use,and your use is food production,you might need to have to make an application for a change of use building permit. This could take thirty to 45 working days.
3. What electrical power is accessible? Supposing that you are an industrial manufacturing enterprise,then you very likely need a great deal more electrical power than usual (e.g. 3 phase).
4. How tall are the ceilings ? Assuming that you want to capitalize on your ability to stack items,then you are in need of higher ceilings. If you are utilizing racks in the warehouse then you want to make sure that there are tall ceilings. The taller the ceilings the higher you are able to rack,the less industrial warehouse space you need to have for every square foot.
5. What type of loading area is there? Does the property include grade level or dock high loading? If you are wanting deliveries by using eighteen-wheeler trucks,then you may need dock high. Whenever you really need to be equipped to drive a service truck in the warehouse then you need to find grade level or a ramp.
6. Is the truck court big enough for 18 wheelers ? Just because it has dock high loading does not imply the truck court is big enough for an semi-trailer to back up or manage to change directions. Definitely figure out if the place is big enough to accommodate your eighteen-wheeler deliveries.
7. Is the warehouse sprinklered? Not every single warehouse space has sprinklers,though you may possibly be required to obtain them depending on your business.
8. Can I leave trucks at night? In many cases,organizations wish to leave trucks through the night,however not every single place will approve this. Several areas might feature bad surveillance,putting your vans at risk of theft.
9. For how long of a rental length is needed? In the case that your company is growing fairly quickly then you should primarily analyze warehouse property that is ok with a short-term rental contract (For example shorter than three yrs) or perhaps that may guarantee business expansion options. Lot of times property owners will pressure you to do a 3-5 year rental contract.
10. What is the quoted base rate and approximated operating costs? It’s important you know what your total monthly rent will most likely be. Be sure to ask about other things you required to pay for.
11. What is the car parking ratio? Many Commercial related companies have to have much more parking than other businesses but not every industrial property can possibly satisfy that. Make certain your car parking needs can be taken care of prior to signing a lease.
12. Will the landlord offer a build-out allowance? In a lot of instances the warehouse space will have to have some tenant improvements (e.g. brand new paint,carpet,wall surfaces,demolition,etc). The amount presented may be mainly based on the company’s credit rating and lease contract length. The larger the contract term the more build-out allowance you should really count on.
13. Does the industrial warehouse come with HVAC ? A large number of warehouses will probably be constructed with hot industrial warehouse space. HEATING AND COOLING install is really expensive so property owners don’t wish to install them. Supposing that the landlord do allow it they will most likely request a lengthier lease and probably a higher base lease charge.
These questions only get you started,but whenever looking for and visiting manufacturing facility property,it’s essential that you understand what you are examining and what special information you need. On the assumption that you are not experienced in this area,then look into choosing a professional who is.