How to lease your warehouse to E-commerce companies or Big companies?
Renting your property for the purpose of a warehouse is the biggest investment option for commercial property owners in the real estate market. The concept of Warehousing in the real estate market is rapidly growing in India. Over the last decade, the e-commerce market has taken a massive place. Companies like Amazon, Flipkart, Myntra, BigBasket, Groffer, and Delhivery have become popular names in the country. Warehouses are the backbone of e-commerce without warehouses an e-commerce business cannot function. Now, many people having a property must be wondering “how to rent my warehouse to amazon or other companies like Flipkart”. Here we will explain the important points of how to lease your property to e-commerce companies:-
Firstly, you need to understand what the requirement for an amazon warehouse is and what is the requirement for an E-commerce Company’s warehouse – in terms of location, size, budget, specifications & customized needs.
Ecommerce companies take 2 types of warehouses on lease
- Ready to move Warehouse
- Built to suit Warehouse
Measure conditions of E-commerce companies to take warehouse on rent
- Fire NOC.
- Land use should be for commercial or warehouse purposes.
- Structural approval.
- Property tax receipt – make sure that all the payments and dues are clear on the property.
- Roof height should be between 28-36 ft.
- Road width.
- Approach from the highway.
Types of Ecommerce Warehouses
- Main fulfillment center – called mother warehouse. Size varies from 1-10 lac sq. ft
- City-wise fulfillment center – Size varies from 30,000-2 lac sq.ft, depending on the city.
- Pin code-wise shorting centers – Size varies from 3000-6000 sq. ft.
How to lease warehouses to e-commerce companies?
When an e-commerce company like Amazon, Flipkart, Myntra, or BigBasket decides that they want a warehouse in your area, they will contact local area agents through their channels and initiate a negotiation. So you can list your property on IndustrialPlot.com from there you can get contacted by a direct company or through local agents.
Be Cautious
Be cautious before dealing with multinational cos. Or any good company while they don’t generally violate agreement clauses, be cautious before signing any standard agreements given by them for the lease of your property. Hire a good lawyer and real estate consultant who is aware of the in-out. Go through leisurely, clause by clause & understand each of the implications & if acceptable then hurray you have a multinational company as a tenant.
Let’s say that the requirement of the companies are large and your investment appetite is low, then IndustrialPlot.com can help you in getting a loan for constructing a warehouse.
Read – How to Lease your warehouse to Amazon?
If your warehouse is already built and ready, chances are low that you can match the above if it was not planned well in advance that you would be building to their needs and requirements. You don’t need to worry still there are lots of good companies that regularly look out for ready-to-move warehouses. You can list your warehouse on IndustrialPlot.com and can get a good tenant.
