A warehouse for lease for rent is the ideal space to store your goods and inventory. This is an effective way to keep your business running smoothly while you grow and expand. However, there are some things you should know before you go to rent a warehouse.
How Much Does It Cost to Rent a Warehouse?
The price of a warehouse for rent is determined by the amount of space you need, the base rental rate, and your estimated operating expenses (also called NNN or CAM–more on that below). You also have to pay for the electricity bill, which can be around $2 per square foot.
How to Maintain a Clean and Organized Warehouse Space
If you have a warehouse you don’t use, you can turn it into another business. For example, you can convert it into a beer brewery and offer tap nights, beer festivals, and special sampling events.
You can also turn it into a pottery studio and offer parties for people to paint pottery. This is a popular idea in the United States, especially in rural areas.
Alternatively, you can rent out your empty warehouse to neighboring companies and individuals for storage purposes. This is a great way to make $200-$700 a month. It requires some upfront work to prepare the warehouse for potential renters, but it’s worth the effort to earn more money from your property.