Shop rent $$$

Discussion in 'Heavy Equipment & Pavement' started by rvon99, Jan 17, 2013.

  1. rvon99

    rvon99 LawnSite Member
    Posts: 56

    I believe I will also post this in the lawn care section. I have a empty building that I'm not using and I have had some interest in people asking about renting it. I am wondering what it is worth a month. Its is 60'x90' 16' tall steel building, two overhead doors, lights, air compressor, heat, 1/2 acre parking lot, and I could build a office and bathroom. Just wondering what this would be going for in different areas.
     
  2. KS_Grasscutter

    KS_Grasscutter LawnSite Gold Member
    Posts: 3,332

    Probably between a thousand and 1500 depending on where its at, condition, etc.
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  3. rvon99

    rvon99 LawnSite Member
    Posts: 56

    Thanks for the help. The location is pretty good, the condition of the building is perfect.
     
  4. Moose's Mowing

    Moose's Mowing LawnSite Senior Member
    Posts: 453

    real estate and rentals are a very geographic thing. Just like the going rates for mowing and plowing. an office and bathroom would make it more marketable. charge what you think is fair for your area. anything is better than nothing is you're not using it. good luck
     
  5. meets1

    meets1 LawnSite Gold Member
    Posts: 3,770

    My area is getting around $5.00 a sq ft. This is no water, no drain, no office, no bathroom. 3 phase electric. Gas is tempted in. YOur expense to purchase a heater. One other shop in my area is going for $7.50 a sq ft. In fact building next to my shop is being rented for that. In floor heat, bathroom, small office, phone, internet, hot/cold water, floor dain, walk in door and two 14 x 14 OH doors, 3 phase, air compressor. Owner pays utilities.
     
  6. rvon99

    rvon99 LawnSite Member
    Posts: 56

    Is this $5.00 a sq ft a year?
     
  7. TopNotchLawnCare

    TopNotchLawnCare LawnSite Member
    from IL
    Posts: 188

    Most likely each month. At least that is the way it is here.
     
  8. stang2244

    stang2244 LawnSite Senior Member
    Posts: 250

    Most likely per year, no way anyone is getting 5k per month for 1000 sq ft unless you're talking prime retail space.
     
  9. Construct'O

    Construct'O LawnSite Bronze Member
    from Sw Iowa
    Posts: 1,387

    At 1K to 1500 hundred a month,tha 12 to 18 grand a year.I would be building my own for that price.Good luck
     
  10. stang2244

    stang2244 LawnSite Senior Member
    Posts: 250

    For a 5400 sq ft building where I am you'd be able to probably get 3500/month. But that's being in the suburbs of a large city.
    Posted via Mobile Device
     

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