Points to Consider before Buying Industrial Property?

Real estate is something that is permanently attached to the land. This includes man-made additions on the land like buildings, houses, apartments, warehouses, shops, industries etc.

What is Industrial real estate?

Industrial real estate refers to properties used to develop, manufacture, or produce goods and products, as well as logistics real estate that supports the movement and storage of products and goods. Industrial property is used for industrial purposes.

Industrial properties are usually located on the city outskirts or rural areas.

What are the different types of Industrial Properties?

Industrial real estate covers a broad group of properties types, including:

1. Industrial land
2. Industrial build to suit
3. Bulk warehouse
4. Flex warehouse
5. Cold storage
6. Heavy manufacturing
7. Light assembly
8. Data centers

Things to Consider Before Buying an Industrial Property

• Availability of different modes of transport
• Connectivity to city
• Infrastructure facilities available
• Proximity to carrier services
• Future scope of expansion

Benefits of an Industrial Property

• Return on Investment: The return on investment is higher compared to residential properties and commercial properties.
• Lower maintenance cost: The maintenance cost is less compared to commercial property and residential properties.
• Qualified tenants: The tenants of the industrial properties tend to respect the buildings since they are backed up by larger companies.