This appears to be a very simple question, but as we are about to discover, it is considerably more difficult that it appears.
The first problem is in the term “cheap warehouse.” What is cheap to one business person is not cheap to another, so the value of the industrial property is, to a certain extent, subjective.
Let’s take a quick look at commercial real estate and how pricing is established. It all begins, and ends, with the Laws of Supply and Demand. Value is determined by the need for a product. If no one wanted a warehouse in a particular city, all warehouses for lease would be extremely cheap, but that rarely, if ever, is the case. So the amount of demand for warehouses in any given city is determined by the number of warehouses available and the number of business people in need of them.
Then it gets a bit more complicated. You have all heard the saying “location, location, location,” with regards to the pricing of real estate. The point being that a warehouse, office, makerspace, or shop is more expensive if it is located in a very desirable section of a city, as opposed to being located in a run-down section of that same city. No reputable business wants to be located in a slum. That is a harsh truth but a truth nonetheless.
All of this leaves the small business owner with a problem. By definition, a small business owner has a small budget, and perhaps (read most likely) they cannot afford a warehouse or other industrial property in the best location. This truth was valid fifty years ago and it is still valid today.
Or is it?
A small revolution in commercial property development is underway. You may not have heard about it yet, but you will soon, because it is gaining momentum, and it will eventually (soon) make it possible for small business owners to find quality commercial properties in quality locations for a cheap price.
One such example can be found in North Fort Worth, Texas.
It is called Box Office Warehouse Suites, the first, and only, business park in Fort Worth made entirely from shipping containers.
Welcome to the shipping container revolution!
Here’s how it works: shipping container construction is less expensive than traditional wood-frame construction. Those lower construction costs mean lower leasing prices, meaning that a small business owner can find commercial property at lower prices even in highly-sought-after areas like the Alliance area of Fort Worth. Shipping containers can be designed and retrofitted to become offices, warehouses, shops, makerspaces, or retail outlets, and they provide all of the amenities of traditional industrial properties.
At a lower price!
This is not a pipe-dream. Box Office Warehouse Suites has proven that, and if it is working in Fort Worth it will soon be a reality in other major cities across the United States.
Is it possible to find cheap warehouse lease space?
The answer to that question is a simple one: Box Office Warehouse Suites!
