Industrial properties have seen some success in recent years. With property values increasing along with rents, an industrial property might make for a good investment right now. Not to mention the growing demand for e-commerce warehouse and distribution space. If you are considering your first industrial property investment, here are just a few things to consider. 

Location

You always hear “location, location, location” when it comes to real estate but in this case where the property is located in relation to major interstates and highways is critical for companies that will be sending or receiving shipments via semi trucks. Or if shipments are made by trains or ships, locations near railways or ports will be ideal. Keep location in mind when thinking about your future tenant.

Building Size 

Industrial properties have started measuring in cubic feet rather than square footage. The reason is because so many companies are using the space for warehousing and need to stack product as high as the ceiling will allow. 

Loading Docks

The number of loading docks may not be as important as whether the existing loading docks meet industry standards. Possible tenants will want the loading process to be as streamlined as possible so keep this in mind.

With the exception of location, you can always change the other items mentioned if you find an older existing industrial property. While upscale logistics centers are in demand, you can still find opportunities to find a lower priced asset and do some significant value-add.

How To Get an Industrial Loan?

Every industrial property has a unique set of needs so it makes sense to work with a commercial loan broker to help guide you to the type of financing that fits your project. Simple Commercial Capital can help you find the right lender that specializes in the type of industrial financing for your scenario. Give us a call at 1-866-554-1120 to discuss your options in more detail. Our goal is to make this process as simple as possible for you.