The real estate market in Dallas is developing at a rapid pace, with more focus on industrial properties that are witnessing phenomenal growth in recent times. The demand is primarily fueled by the fast-growing eCommerce industry as more consumers now prefer the convenience of shopping online. So, this is the best time for real estate investors who want to buy industrial property in Dallas.
But before you invest, check out the important things you should keep in mind to have the best value for your money.
How Much Industrial Space Do You Need?
This is pretty obvious: figure out your business operations, how much space you would need for the same, and your budget.
Make sure that the industrial space is big enough to fit in your business operations, inventory, and equipment. At the same time, consider investing in a bigger space than what you currently need. This will help you seamlessly scale and grow your business operations without facing space constraints.
Know the Clear Height of the Space
This is a crucial factor to consider that can help determine the amount of space you will require. Racking the inventory vertically allows saving more ground space. Hence, you’d require taller ceilings. This way you can choose to have a smaller space and keep your costs down.
Loading and Unloading
As you research the industrial property list in Dallas, you’ll find many options that come with built-in loading docks. On the other hand, many industrial spaces only have grade-level doors for loading and unloading.
If shipping and receiving are integral to your business operations, look for options that come with a loading dock.
What Should be the Location of Your Industrial Operations
When it comes to finding a suitable industrial real estate property, “location” is the key. This will depend on the type of business operations you are involved with. Determine if it is more lucrative being at proximity to the highway having excellent access to urban regions. Or perhaps your industrial operations are ideally suited near a waterway, railway, or in a remote location.
If you are not sure which is the right industrial property for you, consult a real estate agent like TAG Industrial. They specialize in single-tenant and multi-tenant industrial properties, and provide expert consultation to help you buy industrial property in Dallas.