Best way to find a tenant for a warehouse/industrial space?

Best way to find a tenant for a warehouse/industrial space?

Member since 2019 · 3 posts · 1 vote

Hi guys, hope everyone is doing well. I have an investment property that is located in Decatur, AL and has 13,760 sq ft of space sitting on 3.36 acres. I am currently seeking a tenant for my property and have already posted my property on LoopNet. I am currently looking for other avenues/tools where I can market my property and find a long term tenant fast. Any ideas or methods would be highly appreciated!

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  • Rental Property Investor · Walnut Creek, CA · Member since 2017 · 16 posts · 4 votes
    6y

    Hello @Remington Moore! I invest in Decatur, AL too but only in SFH assets so far. I suggest reaching out to brokers that focuses in that specific area. One that I have seen on IG and during my trip there is Gateway Commercial. Best of Luck and keep me posted!

  • Member since 2019 · 3 posts · 1 vote
    6y

    Hi @Irene Amido thanks so much for the feedback! I definitely will go about contacting some brokerage firms and see if they would be able to assist. Thanks!

  • Investor · Tempe, AZ · Member since 2018 · 1k+ posts · 731 votes
    6y

    Hi @Remington Moore, former industrial developer here.

    Your best bet is the broker community.  You need a 'tenant rep' since they have a backlog of clients who will soon be on the market.  You will need to offer a brokers commission.

    I would also reach out to the local Chambers of Commerce since they are in tune with their businesses.

  • Rental Property Investor · Upstate, NY · Member since 2012 · 3k+ posts · 3k+ votes
    6y

    So far our 3000 sqft commercial has always found a long term (7-10yrs) tenant 

    I find most your size are broken down into smaller units & rent quickly. A fellow investor has 2000 sq ft in one such building & shares it with several others & they all chip in for CAM.

  • Developer · Tuscumbia, AL · Member since 2019 · 111 posts · 99 votes
    6y

    @Remington Moore Check out Graham and Company in Huntsville. Industrial is one of their specialties and they are very knowledgeable in the Huntsville/Madison/Decatur/Athens markets. They have leased a few buildings for me in Madison. Let me know if I can help in any way!

  • Investor · Phoenix, AZ · Member since 2013 · 136 posts · 29 votes
    4y

    @Remington Moore were you able to solve this problem?

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