Warehouse For Rent – What You Need to Know
Warehouse for sale chicago for rent is a great option for businesses looking for a space to store inventory, manufacture products, and ship them to customers. You can use online property databases to find and compare commercial properties that meet your specific needs.
Costs and Lease Types
Prices for warehouses vary depending on their size, location, and amenities. Larger facilities tend to be more expensive, while smaller ones are less expensive.
The average price per square foot for a warehouse is $7.86, according to a CBRE report. In addition to rent, you will also need to pay for property taxes and insurance, as well as for utilities like electricity and water.
A good way to save on warehouse costs is to maximize the vertical storage potential. This will help you reduce your rental fees in a big way.
How to Determine the Right Size Warehouse for Your Business Needs
It is important to understand your zoning needs before you start looking for warehouses, as some areas may prohibit certain manufacturing processes or chemicals from being stored. A real estate agent will be able to help you navigate these issues.
Safety and Security
A warehouse for rent that is well-protected and secured will be safe for your products. This includes features such as CCTV cameras and round-the-clock police patrols.
Flex Spaces
A flex space is a hybrid of a warehouse and a manufacturing space, meaning that your business can handle its production, distribution, and storage needs all in one place. This makes it easier to keep track of everything, and ensures that you have a central location for your employees to work from.