What do you think of when someone says studio, as in studios for rent? Do you think of a one-room apartment, partitioned off with a living space, bedroom, and kitchenette all in one room with a bathroom down the hall? That is what most people think about, an affordable space in which to live, small, cramped, but necessary when money is tight.
Perhaps your mind went to a photography studio where you get portraits shots of your children.
But in commercial and industrial real estate, a studio can mean so much more. Call us at (817) 439-3224. We are RDS Real Estate, and we know all about studios for rent.
A studio for commercial purposes is not easy to find.
And the reason for that is size. Studios are small, and small commercial space means less money to the controlling real estate company. To put it another way, bigger is better in commercial real estate.
One way to expand your Google search hits is to replace “studio” with “loft.” In commercial real estate, a studio and a loft and practically interchangeable, one and the same, usually a single room used as an artist loft or a business loft for a small business looking to find a great deal on commercial real estate.
One other thing to mention regarding a studio in today’s world: they are not going to be found in thriving downtown areas. Gentrification is pretty much bulldozing most of the existing studios and replacing them with condos. Again, from a profitability standpoint, it is hard to argue with this approach. It does, however, make it pretty hard for a small businessman, craftsman, or artist, to find affordable commercial property to rent.
Is there hope for anyone looking for a studio?
Most definitely and again, hope comes from a commercial reality: the fastest growing classification of business in today’s world is the home-based business, followed closely by the one-man small business, and those two lead the pack by a large margin. For every twenty-employee commercial concern in any city, there are dozens of home-based businesses and/or one-man enterprises. Commercial real estate developers have taken notice of this trend, and they are slowly responding.
One such response can be found in Fort Worth, Texas, in the Alliance Area, and that response is called Box Office Warehouse Suites.
What is Box Office Warehouse Suites? It is an entire business park consisting of units no larger than 320 square feet in size, the perfect size for a studio or a loft . . . it is, in fact, an entire business park of studios and lofts, and that makes Box Office Warehouse Suites fairly unique in commercial real estate, not only in Fort Worth but, in fact, the United States. Each studio/loft/unit costs $875 per month, and each can be configured to meet your specific needs. Downstairs units, upstairs units, a combination of the two, one for work and one for relaxation, the only limitations at Box Office Warehouse Suites, for a small businessman, are the limitations of his/her imagination.
Check it out on YouTube with the drone tour. Call the Box Office Warehouse Suites leasing agent at (817) 903-9438. Ask your questions and find out about the future of commercial real estate for small businesses.