Small Warehouses for Lease and Lease Rates
Within this page below , you can view Small Warehouses for Lease in Austin. The charted information shows the most recent active listings for rent on the market. An Austin small warehouse for lease is defined as a warehouse property that is in the range of 3,000 – 6,000SF. Smaller footprint warehouses require a 3 yr term to utilize client representation services.
Small Warehouses for Lease and Leasing Rates in Austin
Updated for December 2022, within the 3,000 to 6,000 SF range active listings are are opening up in 2 sub-markets. Market vacancies are still near 5% overall. Lease Rates and NNN’s are higher than previous years.
Equally important, near term for 2022 shows new inventory coming on board with high demand. This is not changing from 2021.Expect to commit to a min term of 3-5 years depending on the sub-market. To help with the market picture, view active inventory on this page using our tracking chart .
Furthermore for tenants, current available inventory provides you more choices in NE and Hays County. Primarily, Vacancy will directly affect lease rates. Low vacancies for warehouse properties results in higher base lease rates. Key tips: If you require a smaller warehouse space below 5,000SF with dock high access, they are not plentiful! Do not expect a lot of parking accessibility with small footprints because parking , ratios are typically 2-3:1,000, We do not see this changing near term into Q3 2022.
Smaller Square Footage Warehouses- Locations?
To be noted, Tenants should be as flexible as possible in when it comes to location preferences for the near term. If you are searching for a small warehouse space below 4,000SF , it does require a 3 yr minimum term for you to utilize our services . Inventory does change quickly , so if you do not see what you are looking for, then please contact us directly. Sometimes we can uncover potentials that are not viewable on our website. Interested in further resources?
Austin, TX Warehouses for Lease Q3 2022
|Locations-By Submarket||Vacancy Q3 2022||Available %||Asking Rates- Lease rate per yr without NNNs|
Far NE - Georgetown
4,000 SF require a 3 yr term*
Far NW- Leander and Cedar Park
*Small spaces below 4,000 SF require a 3 yr term*
Far South- Hays
Small warehouses below 4,000 require a 3 yr term minimum*
|6.3||Call for pricing
Small Warehouse Inventory- Vacancy Overview
- Highest Concentration of Inventory: Northeast, South, Hays County
- Lowest Concentration of Inventory: Northwest, Central and SW
- Inventory December 2022 less than 25 spaces available for lease
New Construction into Q4 2022: 2.2M SF with 49% Availability
Setting Expectations for Leasing Warehouse Space in Austin:
Flexibility on Locations is critical for tight industrial markets
Understand and convey all your warehouse requirements such as: Grade access, Power requirements, Ceiling height minimums
Ask about Parking and parking ratios for leasing a warehouse, as an example: 3,000SF will not provide 10+ parking spaces.
Do you require 100% HVAC?
Typical Lease terms for warehouse solutions is currently 3-5 years for 2022
Tighter markets have higher lease rates
Monthly lease rates are expressed typically as Lease rate plus NNN operating expenses.
Types of Warehouses in Austin
Below is a description of the types of small warehouse spaces that are located in the Austin Market. Each warehouse property has its own attributes which you can view to see if it fits your parameters.
For more detailed explanations on Warehouse space in Central Texas , click on the parameter breakdown button below.
Flex Warehouse Space
Flex Warehouse space is one type of warehouse that attracts tenants who would like to occupy this property with lower rental rates than an office based solution. From an office solution standpoint, these warehouse properties provide drop ceilings, 100% HVAC and more office area than a traditional office-warehouse. Typical rent rates for these types of properties are higher than office-warehouse and start leasing at $1.10-$1.20+ psf per month without NNN expenses for 2021.
Office Showroom Warehouse properties are primarily used for Retail like businesses. Tenants that can use an office and warehouse area with the warehouse being hot while having air-conditioned office spaces. Within the office area, an improvement can be made to allow a business to display their merchandise. Examples of this usage may be flooring, granite counter-tops, automotive accessories, art etc.. The warehouse property rental prices are in between flex warehouses and an office warehouse solution. Expect rental rates to be a bit lower than Flex space.
Office-Warehouse Distribution Space
Office Warehouse distribution space is typically used for tenants seeking larger storage bays along with some office area. Furthermore, these can fit in either small or large warehouse properties. In addition, when a tenant needs an office-showroom type warehouse configuration which can be accommodated by these types of properties. Typically, these warehouse solutions start with ceiling heights of 18′ and higher. Depending on the size of the warehouse, they may have dock high doors or half dock high accessible entries. Office-warehouse properties below 4000SF tend to not have dock high door accessible entries. Rental rates are primarily NNN and start below $1.00 psf per month on a base lease rate (meaning without NNN expenses).
Bulk Warehouse- Large STorage Areas
Bulk Warehouse Space- or simply stated , “Large” warehouse storage space or large warehouse distribution space that would not be categorized into small warehouses for lease. These properties are primarily utilized for storage with very little to no office are or restrooms available. Bulk warehouse is a larger property that may start as low as 6,000SF and move up past 40,000SF , it could be used for distribution as well. This type of warehouse solution has lower lease rates than their counterparts but is not as prevalent in Austin compared to office-warehouses and flex warehouse space.