Warehouse rentals near me is a valuable commodity that many businesses and individuals are interested in leasing. This type of commercial real estate is usually available in many different sizes and locations and can be rented on either a short-term or long-term basis. The cost of renting a warehouse depends on the location, square footage and operating expenses that will be associated with the property.
Some warehouses are able to bring in an impressive amount of income simply by renting out office spaces for small companies and individuals who cannot afford to purchase their own office space. These spaces are often a fraction of the price of traditional offices and can be utilized for meeting rooms, storage, or even as an additional workspace. In addition, the occupants of these office spaces can typically pay for all expenses associated with using the facility.
Warehouse Space for Lease: A Practical Guide to Finding and Negotiating the Perfect Space
Another option for generating revenue from a warehouse is to offer self-storage units. This option is especially profitable if the warehouse is located in a high-density area where parking space is scarce. Renting out individual storage spots can generate thousands of dollars in annual revenue for the owner, depending on how many are offered and what rates are charged.
If the warehouse is large enough, it may be possible to rent out some of the space to cargo companies that are transporting goods from other countries. This can be a very profitable use of the space and requires minimal setup. Contact local trucking and shipping companies to see if they would be interested in using the warehouse for this purpose.