The cost of warehouse storage varies wildly, depending on the size and location. It can also vary based on what your business is storing. Some warehouses will have higher costs for additional services like electricity, janitorial service, or HVAC maintenance. And some landlords may require you to cover these expenses as well in addition to rent and other fees. So let’s take a look at what it might cost!
Importance of Renting Warehouse Storage
One of the most important things to consider when comparing warehouse storage costs is the cost of rent. When looking at rental rates, you’ll need to consider any additional fees for electricity and HVAC maintenance (unless you’re building already includes these amenities). You may also find that some warehouses have higher charges for janitorial services.
When renting warehouse storage space from a logistics company you do not have to pay for the building or equipment. They also offer a wide range of services such as loading and unloading, storage temperature control, small-package handling, palletized goods transportation with forklifts. For this reason, many companies opt to use logistics company warehouse space.
If you’re looking for an inexpensive option (or if the costs are on par), consider a third-party logistics company. They offer free storage, and you can access your inventory 24 hours a day.
Benefits when renting from a Logistics Company:
- You can control how much you will be putting into storage
- None of your items will be damaged or lost
- Logistics company can fulfill your orders at any given time
- Renting is much cheaper, and it includes more benefits
What is the cost to rent warehouse space in Canada?
If you’re looking to rent warehouse storage in Canada, there are a few things that you need to know. The first thing is the size of your space: most warehouses offer interior spaces from 500 square feet up to 100,000+! When renting a certain amount for space in a warehouse the average monthly cost would be around $0.90 per cubic square foot. For pallets, the average monthly is around $1.40 per pallet.
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