Have you had this experience before? You go out in search of some industrial property for lease, maybe an office, perhaps a warehouse, or maybe a shop for rent. You search for a couple weeks but can’t find the perfect property which meets all of your needs, so you sign the lease on the next best thing, a property which meets many but not all of your needs. You adjust your standards and settle for an imperfect option!
Most of us have done that, either when looking at industrial property to lease or looking for a home to rent . . . we have this list of features we really want in the property but then we settle for less, thinking there evidently is no such thing as “perfect property to lease.”
One word of caution: those standards and needs you choose to ignore today can haunt you in the future.
Maybe there isn’t such a thing as a perfect lease agreement. Maybe all of your small business needs cannot be met at the price you are comfortable in paying. Maybe you will have to dial back on the demands and lower your standards.
Not so fast! Leasing commercial property is one of the most important business actions you will take, so don’t be giving up on your standards quite so willingly. Just because you didn’t find what you wanted in two weeks doesn’t mean week three will not come through for you. And perhaps you need to expand your thinking a bit as you search.
Expand your thinking? What is that supposed to mean?
It simply means that the norm may not be your only option.
Let me give you an example. In Fort Worth, Texas, there is a new business park opening. It is called Box Office Warehouse Suites and it is comprised of thirty-eight commercial suites made entirely from 100 shipping containers.
A shipping container business park!
Completely outside the norm of traditional commercial thinking, and it just might be the wave of the future in commercial real estate.
Box Office Warehouse Suites offers inexpensive suites because the construction cost on shipping containers is so low. It offers an eco-friendly alternative to traditional construction. It offers perhaps the funkiest business park atmosphere in the entire Fort Worth area, and if offers offices, warehouses, shops, garages, and retail suites for rent which are flexible and offer room to grow. It is popular to established businesses like Happy Bank ATM Center and Salon & Spa Galleria, already anchor tenants, and it is popular to new businesses just starting out. And it is owned and operated by local entrepreneur Ron Sturgeon, a man who climbed out of homelessness to become one of the leading commercial real estate owners in Texas.
Maybe not perfect but darned close!
Mister Sturgeon understands the unique problems of small business owners, so he has made every attempt to make this new business park small-business-friendly. In other words, he is trying to make Box Office Warehouse Suites meet the needs and standards of his clientele.
Maybe not perfect but darned close!