Why Choose UsWarehouse, Office, Retail, Tech, Medical Space; Choosing the Right Location. You should establish a price range before you look at any spaces and do not allow yourself to go above the highest price point no matter how much you desire the amenities and offerings or how much another party pressures you to select a more expensive space. Going above your budget will destroy your profit margins and potentially the success of your business.
Evaluating your reasons for having a warehouse, office, retail, medical, or tech space will greatly assist in the often daunting process of choosing an ideal location. Selecting the appropriate and ideal location of a warehouse, medical, office, tech, or retail space requires great consideration for your end goal.
If you simply wish to store files or any items you will not be required to access on a daily basis, you should consider a number of factors regardless of the items in storage. Do you require a climate-controlled facility? Does the facility have security cameras and regular security checks? Do other people have access to adjoining warehouse space? These are all questions you should be asking yourself when choosing a location for your basic warehouse needs.
If you are choosing a warehouse, office, retail, or tech space for lease to be used as an operations location for manufacturing , adim or finished goods, you have much more to consider. One of the most important aspects pertaining to a warehouse for your specific needs will be to select a property that is easily accessible for shipping trucks and employees to come and go. You should be close to roads that will ensure your transportation times do not become so atrocious that you begin to lose clients.
You must also ensure you have space for break rooms and offices, or tech if necessary. These spaces can easily be created if they do not exist, however keep in mind it may create additional costs if such additions are not included in the lease. It is also crucial to ensure the warehouse office, and potential tech space meets all existing state and federal regulations pertaining to safety and ISO standards. Again, if they do not meet these requirements, this could add to the cost of the office, warehouse, or medial location. Fortunately, this is when your understanding of the methodologies for securing the most ideal commercial office, warehouse, tech, or medical space will be advantageous.
General Tips When Leasing Office, Retail, Warehouse, Medical, Tech Space Consider an Exclusivity Clause or a Non-Compete. This type of clause will prevent the landlord from leasing any additional office, retail, warehouse, medical, or tech space to a potential competitor in the same building. Be certain to include a Right to First Refusal if you are in the perfect space. Consumer traffic may shift after a few years or it may stay the same. It is nearly impossible to determine such shifts several years in advance. Having the option to stay or leave on your terms is a must for commercial space. If you are required to pay utilities or any other fee, ask to see receipts and bills from the previous year to be able to calculate your true costs. Do not take their estimated word for it. If they have not been paying these bills, they are unlikely to know with great certainty. Ask for a Sublease Provision. Much like the Right to First Refusal, you may want to leave your current space for any number of reasons. You might choose to diversify your product line, expand your business, or adapt to market shifts. Be certain your business is protected in these circumstances and that you have options.