Industrial space for lease in Austin, TX
Every business reaches a point where they need a dedicated space or a larger warehouse – and finding the right one can be tough. Commercial real estate works very differently from residential real estate. And for the inexperienced, the entire process can be confusing.
Getting professional help finding and negotiating leases for warehouse space can make the process easy and give you peace of mind. Commercial Lease Locators specializes in helping businesses like yours find the perfect space to grow.
Your agent will help you find a suitable space and go over the fine print with you to make sure you are getting the best deal. Commercial leases are detailed and can contain many extra charges and fees that are not always obvious to the average person. Due to this, negotiating a warehouse lease can end in disaster for an inexperienced business owner.
But not all commercial real estate agents have the experience to negotiate good terms and avoid common mistakes. The key to securing a good lease is finding an agent with a proven track record. Here’s how a good agent can make finding the perfect space easy.
Find a Light Industrial Location for Your Business Quickly and Easily
If you are looking for light industrial or warehouse space in Austin, then you are in luck. Unlike other major cities, it’s possible to get affordable warehouse space within a short distance from the central business district in Austin.
Along with all the main arterial roads, there are small to medium-sized industrial parks that have a large variety of spaces. Although there is a large concentration of industrial space by the airport, Commercial Lease Locators can find you a suitable space in almost any part of the city.
When you work with us, you are guaranteed a high level of professional service. All our agents have been working in Austin for years and have an intimate understanding of the local market. We have negotiated countless leases and know exactly how to extract the best value for business owners.
Most importantly, our agents take the time to go through complex lease agreements with you. Before you sign on the dotted line, we want to make sure you understand everything you are agreeing to and answer all your questions in the beginning so you can avoid surprises later.
Once we have guided you through the terms and conditions, we will negotiate any necessary changes. Commercial landlords can be flexible and we have experience in getting concessions and extras included in leases for our clients. In short, we can get you a better deal.
You may think you can find and sign a lease on your own and you wouldn’t be wrong – of course, you can. This may save you money in the short term but if you don’t know what you’re doing, it’s likely to come back to bite you later.
Many amateurs don’t understand complex lease documents, which means they can’t negotiate well for a good price or terms. The small savings in agent fees end up costing much more in the long run. Whatever you do, make sure to avoid these top mistakes when signing a commercial lease.
Avoid These Common Mistakes
Over the years, we have seen a lot of mistakes when business owners sign commercial leases. In fact, we are often called in to clean up the mess that a less skilled agent or a business owner has created. Here are some things to pay attention to before signing a rental contract.
- Common Area Maintenance
Common Area Maintenance, otherwise known as CAM, refers to the fees you will be charged for the maintenance of the facility’s common areas. This fee should be proportional to the percentage of the building you are leasing.
Many people fail to read the fine print about what is included in the CAM fee. They also fail to look at the schedule for CAM fee increases. This oversight often leads to surprise bills that the business owner did not fully account for. Make sure you pay close attention to these fees so you’re not caught off guard with a bill later.
- Capital Expenditure Liabilities
Some landlords like to try and shift responsibility for capital expenditures, like HVAC replacement, onto tenants. They are often successful because people do not read the contract carefully.
Through initial negotiations, you should try to reduce your liability for capital expenditures. Always be specific and ensure any clauses note exactly what you will and will not be responsible for.
- Negotiating Assignment
When starting a new lease, you rarely think about moving again or selling the business but it is an important consideration. You always want to make sure you can transfer or ‘assign’ the lease to someone else. This will help when you want to sublet the space, sell the business or move to a new space in the future.
Many commercial lease contracts allow the landlord to terminate a lease if you seek an assignment. Through initial negotiations, you need to remove or amend this clause if possible.
Especially with warehouses and light industrial spaces, you need to pay close attention to zoning requirements. Just because there are similar businesses nearby and your landlord is fine with you setting up does not mean you will be granted permission by city planners.
Before you even get close to signing a lease, you need to ensure you can get zoning approval. The last thing you want is to sign a lease only to realize you can’t move your business into the new space.
- Always Negotiate
Even if you are happy with the standard lease agreement, you should always negotiate. Some people become emotionally attached to an area or a particular building and sign with little to no negotiation.
By signing too quickly, you miss out on the opportunity to get concessions and savings that most landlords are happy to give. Don’t sell yourself short and think about how to reduce unplanned costs.
Instead of wading into the muddy waters of lease negotiations on your own, the best way to get a good deal is to use a professional real estate agent. With the help of one of our experienced agents, you can avoid all these common mistakes and move into your new warehouse space sooner. Here’s how you can contact us.
Get Expert Guidance in Choosing the Best Industrial Space
We have made it easy for you to get in touch with our expert agents to discuss your industrial space requirements. Contact us on our website and we will get back to you as soon as possible. Or you can call us at 512-920-6270 during business hours to speak with us immediately.
All our agents are committed to finding you warehouse space and getting you the best deal on your lease. As soon as we confirm your requirements, the team will get to work finding you a space in the best location for your business. Once we find the right warehouse, we will work tirelessly to negotiate the lease terms and get you up and running.
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