If you are unfamiliar with the industrial sector, it will be difficult for you to carry out the process of leasing an industrial warehouse. However, if you keep yourself updated and informed, you are more likely going to detect the most important factors that you should consider before making a final decision.
Here are seven things mentioned that you should consider before leasing an industrial warehouse.
Equipment
Industrial warehouse leases depend upon the business model. You should consider the fact that whether you are going to rent an empty warehouse or you will be investing in the equipment as well. You might also have an already equipped warehouse that you will rent. It is better if you consider the long-term aspect of your business plan. If you want to expand it, you should better invest in your own warehouse equipment.
Parking Area
It is another important factor to consider before leasing an industrial warehouse. Parking areas require proper maintenance as well, so some landlords might make you pay for it. It is a long-term expense, so you must sign up for it only if you can afford it. Also, it depends upon your need whether you need a parking area for your vehicle or not. If you have a vehicle, make sure you park it in the parking lot.
Heating & Ventilation
If you want to have heating systems, ventilation, and air conditioners for your industrial warehouse space, you must talk to the owner to get them installed beforehand. Also, make sure that the property owner has repaired all the units before you sign the lease for the warehouse.
Electricity
Electricity is also one of the most important factors that you should never avoid. If you want to lease the industrial warehouse for a special purpose, make sure it has a sufficient electricity supply. It is better if you take an electrician with you to evaluate the amperage in the warehouse you are going to lease. On the other hand, if you don’t make sure that space has enough electricity to fulfill your needs before making the deal, you will have to face a lot of difficulties later.
Height
The height of the warehouse ceiling should be enough to accommodate your products or equipment. It also depends upon the size of your products. If you have larger products, you must consider the ceiling height of the warehouse before you lease it.
Repairing Obligations
You should know whether you are supposed to fulfill the repairing obligations as a tenant or the owner. If the owner wants you to keep the building in a good condition, you should add the repairing cost to the annual cost of leasing an industrial warehouse.
Location
The location plays a vital role as it helps you decide if you are choosing the right industrial warehouse to lease. It must be close to the customers of your business. Moreover, it should have railway connections and highway access to help you cut down the costs.