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 for Leasing Office, Warehouse, Retail, Medical, or Tech space. Do not be afraid to ask for both reduced rent and free months. This is a growing trend at the moment and the more it becomes commonly suggested the more likely landlords will accept it. Do not let amenities blind you to the reality of the price. If you walk into an office space and you immediately feel as though it is perfect, start asking questions. Are the amenities included? Who pays for the utilities? If these are not included, you may not be able to afford to rent office space of this caliber. Be mindful of Percentage Rent when you rent commercial office space. Some landlords try to include this concept into a clause in the lease; wherein, the landlord would begin to receive a percentage of the profits once the company begins to earn a specific amount of revenue after they officially open their doors. At the same time, startups may be interested in this type of rental agreement. Is room available for expansion in the office space or building before your lease reaches an end? You should consider this prior to signing any papers. You might negotiate terms to secure any additional space in the same building the moment it becomes available. Ask to see the 5-year plan of the landlord for the building and space before you lease office space. If the building is not yet a smart building with Wi-Fi capabilities, a motion detector lighting system, outdoor work spaces, etc., you should ensure the landlord intends to provide these elements in the very near future to ensure employee productivity is at capacity, to appeal to today’s evolving talent, and to reduce operational costs for your business over time.