I’m preparing to lease my first warehouse space, either 500 or 1000 sq ft, as I’ve outgrown my storage units. A nearby company leases small warehouse units within a larger partitioned space, which seems ideal for scaling up if needed. I’ve never leased a warehouse before, so I’m unfamiliar with the process. Prices start at $700/month, including electricity and limited HVAC, with agreements ranging from 6 months to 2 years. I’ll visit the site this afternoon.
I need advice on negotiating the lease terms. Is there room for negotiation on the price, term, or security deposit, especially since it’s a company rather than an individual owner? Any tips or suggestions would be greatly appreciated, as I’m quite nervous about making this decision.