Almost all the products manufactured in the United States for both import and export purposes are stored in a warehouse at some point of product life-cycle. If you are in the process of finding a warehouse to rent, there are a few basics that are important to familiarize yourself with before signing that lease. For starters, you need to understand that commercial warehousing is big business which would explain why commercial leases are a little more complex compared to an ordinary lease. As a business, the success of renting a warehouse begins by determining warehouse space needs. Focus on the products that require storage and make sure that the industrial warehouse space suits those needs. Below are some of the things you should consider when finding a warehouse to rent.
The reason why leasing a warehouse is the best alternative for most businesses is because it is not easy to buy a warehouse. Considering the number of people who work in the warehouse leasing industry-over 166,907, it is evident that this industry supports a great deal of the retail industry. When finding a warehouse to rent, accessibility should be one of the key factors that should be taken into account. Essentially, the warehousing business involves the use of large semi-trucks for transporting goods when needed. Even when you have full access after finding a warehouse to rent, it is not always a guarantee that you will be allowed to bring large trucks or machinery into the parking area of the warehouse. Depending on the nature of goods you are dealing with, make sure that you have unlimited access to both the internal and external warehouse space.
Operations and Maintenance Expenses
Finding a warehouse for rent is only the first hurdle of securing yourself storage space for your goods. The next phase is sealing the deal that comes with its own set of issues. Before signing the lease, understand every aspect of the agreement and do not overlook any of the items highlighted on the commercial lease agreement. Based on the weight of some components of the lease, it is recommended that you get yourself a commercial real estate attorney. The attorney will guide you on some important aspects including those touching on maintenance cost. In most cases, commercial lease agreement lack of full disclosure when it comes to maintenance cost and other hidden costs. Some owners frequently omit these charges or state in the lease- in a very obscure manner, who bears the responsibility of such costs. If overlooked, you might find yourself servicing some fees that you had not budgeted for.
There are businesses that deal with special types of goods that require specific utilities at an uninterrupted level. For example, there are warehouse storage spaces that require to be fitted with refrigeration equipment. This is done mostly for goods that require refrigeration. Under such circumstances, make sure that when finding a warehouse to rent, select the space that has uninterrupted power supply particularly if your goods require any form of specialized preservation. There are other instances that you might require more power supply in the warehouse than what is currently available. Before signing the lease agreement, ensure that the power supply in the warehouse is adequate. You can seek the services of an electrician to determine the amperage in the building before moving in.