June 20, 2019
If you are a company owner looking to scale your business, you might be interested in leasing a warehouse. A warehouse is industrial space for rent or industrial space for sale that can provide you with tons of room to grow. You can store, manufacture, and ship physical goods and products from a warehouse. It’s a versatile type of commercial property for rent that can be the launch pad for your future success. There are many things you should consider ahead of leasing a warehouse. Important considerations like costs, expenses, and overhead should always be at the top of your mind. Finding industrial space for rent that can suit your company’s needs, while also keeping your costs low, is the key to success. Below, we will touch on a few important considerations if you are planning to lease a warehouse.
Before you lease a warehouse, you should make sure that you and the landlord have clearly defined responsibilities when it comes to making repairs to the property. Anything from structural damage to parking lot issues should all be laid out clearly in a legal document. You also want to make sure you understand what you are paying for in terms of total square footage. You want to avoid paying for square footage that isn’t actually usable.
Another crucial step for leasing a warehouse is to hire a plumber who will inspect all of the water systems. This is even more important if your business relies on water to operate on a daily basis. Warehouses tend to be large commercial property for rent with a lot of pipes and water systems to inspect. The last thing you want is to miss out on significant water issues or repairs simply because you avoided a proper inspection up front.
You should try to determine the electrical capacity of the warehouse before you sign the lease. Check out the HVAC system to see if it’s functioning properly. Make sure that the warehouse has the required voltage you need to run your business. If a warehouse isn’t able to meet all of your electrical and business needs, you should move on to the next option.
We hope this article has helped you learn about what to look for when leasing a warehouse. Remember to reach out to the Rakow Group if you are seeking the best industrial space for rent.
July 7, 2020
The Risk-Free Podcast · Episode 3 – The Future of Commercial Real Estate with David Richman With state economies slowly reopening, people are cautiously embracing optimism as they venture back to work and stores while navigating through an unfamiliar environment. Though we may be heading back to offices, nothing about our often-quipped “new […]
July 1, 2020
In commercial lease negotiations, most company owners and executives have much less experience and knowledge than the landlord or leasing agent who is sitting across the table. Adding a commercial real estate broker to your team will give you more leverage, rights, and flexibility at no cost to you. Traditionally, landlords have a commission […]
June 25, 2020
As COVID-19 (Coronavirus) has found its way onto the forefront of news across the world in recent months, it’s also found its way into bank accounts. In other words, some businesses simply do not have the money to pay the rent they had before Coronavirus. If you’re in a situation where your income has […]
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