Austin Warehouse Space for Lease or Sale January 2012

Austin Warehouse space for lease or sale,  January New Year 2012 update

Austin’s warehouse properties for lease are seeing higher activity in leasing.  Warehouse property leasing has increased in the Austin area 2011 as compared to last year.  Vacancy rates have stablized around 20 percent , and more businesses are looking at warehouse properties or flex warehouse space solutions as a potential to for office space due to the typical lower rates that are involved  with warehouse properties.  Finding the right warehouse space in Austin all depends on what your needs are office showroom type warehouse space leasing rates are going to be typically higher as well as flex warehouse properties in Austin.  Concessions are still readily available and we strive to help our clients find the best deals on warehouse properties for lease or sale in Austin. Below are some fundamentals to think about as you get ready to lease or purchase a warehouse property.

This will help you utilize our services and leverage the opportunity for us to serve you much better being able to negotiate different facets of the property to your advantage.

 Austin warehouse space rates can be quoted as triple net, gross or modified gross. Triple net warehouse leases pass through insurance, taxes and common area maint costs to the tenant. Gross warehouse leases usually have the operating expenses wrapped into the monthly rent and the tenant pays electric and janitorial, whereas modified gross means that usually a portion of the operating expenses may be passed through to you as the tenant, but the lease rate per month includes expenses and is quoted as a total per month , as an example $0.75 cents per month

Austin Warehouse Space for Sale Financing Information – Q4 2011 – National averages

 Average Interest Rate 5.09% | Debt Coverage 1.50 | Loan to Value 70% | Amortizations 24 yrs | Term Average 11 yrs

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Austin Warehouse Lease Terminology

Austin Flex warehouse or Austin office warehouse properties tend to have a higher finish out along with HVAC in place that covers one hundred percent of the space. Ceiling heights in Austin flex warehouse space are not necessarily has high as a bulk warehouse so if you need high ceilings this may not be the solution for you.

Expect an average of 3% per year for your lease rate to bump for an Austin warehouse property. The cheapest warehouse property type are the metal warehouses , if you go this route don’t expect low electric bills they conduct heat and get very hot in the summer.

How do you find the right warehouse space in Austin?

Fact: If you have a commercial real estate broker representing you , you will be able to get a better deal. Why?

Well, let’s think about this from a common sense point of view. If you do not practice and frequent the commercial real estate business for a living, you may a disadvantage in knowing where are the best properties and rates in the Austin Texas area? You can receive expertise that prevents you from making a poor leasing or purchasing decision on a warehouse property in Austin.

Contact us today  for your warehouse leasing or purchasing requirements!  512.947.5896

Click here for:examples of succsesful warehouse lease and sales transactions.

Austin Office Space Information www.Austin-Office.com