How much is a warehouse in NYC?
The cost of renting a warehouse space in New York depends on the size of the warehouse and the length of the contract. The cost for renting a small warehouse is $4,000 to $5,000 per month. The average price for renting a medium-sized warehouse is between $6,000 to $8,000 per month.
What is considered an industrial building?
Simply put, industrial buildings are factories or other large premises primarily used for manufacturing or storing raw materials, goods, or services for economic purposes.
How much does it cost to rent a factory in United States?
Average base rental rate: $0.85 per square foot per month. Estimated operating expenses (NNN): $. 25 per square foot per month.
What are the 6 types of industrial property?
Let’s have a closer look:
- Manufacturing Plants/Fabrication Facilities. Factories where goods are assembled and produced is perhaps the most common thought when it comes to industrial property.
- Distribution Warehouses.
- Private Warehouses.
- Flex Space (Office/R&D/Showrooms/Warehousing)
- Data Centers.
What are three types of industrial properties?
Different Types of Industrial Properties
- Warehouses and Distribution Centres. These are large, single story spaces that are predominately used to store and distribute stock.
- Manufacturing Plants and Factories.
- Cold Storage and Refrigeration.
- Data Housing Centres.
- Flex Buildings.
How big is the average factory?
The analysis found that the average size increased by 143 percent in that span to 184,693 sq. ft. and the average warehouse clear height rose by 3.7 feet, to 32.3 feet in total.
How much does a factory cost?
Factory, 3 Story Square Foot Cost Assuming Face Brick Common Brick Back-up / Concrete Frame
| Cost Estimate (Union Labor) | % of Total | Cost |
|---|---|---|
| Total | $9,001,000 | |
| Contractor Fees (GC,Overhead,Profit) | 25% | $2,250,300 |
| Architectural Fees | 6% | $675,100 |
| Total Building Cost | $11,926,300 |
What comes under industrial real estate?
Industrial real estate refers to land and buildings that are used by industrial businesses for activities such as factories, mechanical productions, research and development, construction, transportation, logistics, and warehousing.