Warehouse Storage Rates Per Square Foot

This price includes the base metal building package along with delivery construction foundation.

Warehouse storage rates per square foot. At the high end for a 50 000 square foot building 7 lease costs 3 operational per square foot the warehouse could cost 500 000 a. Average base rental rate. 25 per square. Cold storage or humidity controlled warehouses cost about 150 170 per square foot to construct compared to the 50 65 per square foot for ordinary storage facilities.

Most frequently storage fees will fall under one of these three methods. 2014 2017 total weight of worldwide u s. Pallet storage fees cubic footage fees or square foot pricing. Billing is typically a monthly or annual occurrence.

Costs are derived from a building model that assumes basic components using union labor for a 30000 square foot building. One of the most popular ways by far that warehousing companies charge for storage is simply by the pallet. The construction and the material costs alone can go up to 79 per square foot depending on the height and quality of construction that you go for. Multiply your total square footage of usable space 80 000 by your facility s clear height to determine your warehouse s storage capacity in cubic feet.

Rental prices per square foot for warehouses in kenya 2013 2017 median increase in housing costs in the u s. Construction cost estimates for warehouse in national us. Typical pallet sizes are 48 40 and usually go about 4 6 feet high. Cost to build a warehouse.

Warehouse example of landlord quoting yearly rental rates square footage of warehouse property 5 000 sf quoted base rental rate 10 20 sf yr estimated operating expenses nnn 3 00 sf yr total asking lease rate 13 20 sf yr monthly rent 5 000 x 13 20 66 000 12 5 500 per month. Find storage unit prices near you a major factor in falling prices has been a surge of new storage construction across the country. In 2019 the average price was 0 92 per square foot of self storage space compared to 0 96 per square foot in 2018 and 1 01 per square foot in 2017. The following analysis estimates the cost to build a warehouse using us national average costs from 2013 rsmeans cost data.

Estimated operating expenses nnn. Going with our example if your building s clear height is 25 feet it has a total storage capacity of 2 000 000 cubic feet. Refrigerated or climate controlled warehouses with state of the art storage and handling equipment cost more. 0 85 per square foot per month.