An industrial property in Texas can be a lucrative investment, whether you use it to operate your business or rent it out to tenants. But before you put it on rent or plan to sell it off, make sure you deliver ‘value’ to your prospective clients. If there isn’t any USP, why would a real estate client choose your property over thousands of others in Texas?
So, here’s how to add more value to an industrial property before you put it on sale or rent it out.
Add More Space To Your Property
If you own a multi-tenant industrial property, which has a high demand among the tenants, then you may consider additional square footage. Depending on the type of property you have, you can add more warehousing units, storage spaces, offices, parking, or loading/unloading areas. Make the most use of the rentable square footage that can add value to your clients.
Consult real estate specialists in Texas to identify the top market trends and understand what tenants are looking for.
Modernize Your Industrial Building
Regardless of the type of industrial property you have, it is important to equip it with modern facilities to improve its long-term value. Consider options like energy-efficient HVAC systems, water disposal mechanisms, advanced temperature controllers, modern lighting systems, automated track rails, mechanized docking and loading, etc. This can help improve the functionality of the space.
However, make sure you adhere to quality and safety standards when modernizing your industrial property.
Increase Security Features
When a potential client or his agent will come to inspect your industrial property in Texas, they will definitely check for security measures. Make sure you equip it with high-performance gates and shutters, alarm systems, CCTV cameras, trained 24×7 security professionals, etc.
Give a Proper Signage
In addition to improving the aesthetic and functional value of your property, update the signage in a way that attracts more potential sellers or tenants. It should represent the property accurately.
The Final Words
Experienced real estate specialists in Texas, such as TAG Industrial, can guide you with the right advice to upgrade your industrial property, market it efficiently, find the right seller/tenant, and close the deal successfully.
