If you are starting or planning to expand your business, you will require space to manufacture and store the products. The nature of your business will help you determine the type of property that fulfills your requirements.
In general, industrial spaces fall under three categories:
• Warehouse space
• Manufacturing space
• Mixed-use property.
Each type of space serves a different purpose. For instance, a Warehouse Space for Rent in Austin is usually used to store and distribute goods. You may require equipment for packaging and labeling the goods for shipment. However, manufacturing space is used to create, build, or assemble the product. Depending on your product manufacturing needs, manufacturing spaces are a unique construction with particular ceiling height, special kinds of floor, etc.
A mixed-use property can be used to manufacture as well as store the products in one place. It is a combination of warehouse and manufacturing space.
Once you have decided on the property type, note down all important points that you need todiscuss with the real estate agent, like your monthly rental budget, the amount of space you need, the features you need, and the appropriate industrial area location. And then connect with the local commercial real estate professional.Landlords usually pay commission for the commercial property, so remember this and make sure you don’t have to pay too much from your end.
Take a tour of the space
Once you have discussed everything right from the monthly rent, space required, to the type of property, make an appointment to take a property tour in a person. The property may look great online, but don’t decide without visiting the property. Visit the property and make sure it fits your business needs. Thoroughly describe your business needs to the real estate agent so that it gets easier for him to understand your goals, and he shows the best industrial space to you.
The real estate professional is well-aware of the zoning issues. For instance, various chemicals or hazardous materials used in the manufacturing process may be prohibited in certain areas. Don’t’ forget to clear all such things beforehand to avoid complications that may occur in the future due to zoning issues.
The real estate professional will give you several options. All you have to do is to prepare a spreadsheet with every detail of each commercial space. It will help you compare all properties and determine the best one that fulfills your requirements.
If you see a space and desire some changes or remodeling the area, you can let the landlord know about it. If the real estate agent does not agree to assist you or show you a more suitable property, consider other Industrial Spaces for Rent in Austin. Experts suggest that you keep searching for the property until you don’t find at least three properties that fulfill your business needs. By selecting the three best properties, you will have narrowed your search. Now it will get easier to choose the best between the three. Eventually, compare all properties and decide the one that meets your business requirements.