How to Find Warehouse Space for Rent by Owner
Renting warehouse space for the storage of inventory and processing customer orders is a necessary cost in the growth of most businesses. However, the upfront costs of acquiring a property can be overwhelming for a business with limited cash flow. For this reason, many companies choose to lease warehouse space rather than purchase it. Leasing a warehouse involves lower upfront costs and allows businesses to focus on their operations rather than the physical location of their assets.
What are the activities of a warehouse?
The first step in finding Warehouse space for rent by owner is to research the market where you are looking to operate your business. The best way to do this is by using the online tools offered by commercial databases like CoStar, LoopNet, and Commercial Exchange. This will give you an idea of the rental rates for a particular market and what types of properties are available for lease.
Once you’ve narrowed down the available options, look at the facility features that are most important for your operations. For example, does the warehouse have dock doors that can accommodate semi-truck or box truck deliveries? Do you need a high eve height for loading and unloading? Will you need separate areas for stock vs. fulfillment, and if so, how much space will that require?
Once you’ve determined the requirements for your warehouse space, calculate your estimated operating expenses. This will help you determine whether or not a warehouse is an affordable option for your business. To make the process easier, we recommend working with a professional commercial real estate broker. Their expertise in negotiating will save you time, money, and frustration in the long run.