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The average rent for special purpose industrial space was 11.5 U.S. dollars per square foot in that quarter. Los Angeles, Orange County, and Inland Empire, California, are some of the most expensive markets in the country. Industrial real estate is far from being the most expensive commercial property type.
A small warehouse in Los Angeles can vary greatly depending on the size and location, but it is typically more expensive than renting a larger space. On average, it will cost anywhere from $2,000 to $9,000 per month to rent a small warehouse with an office included. Depending on what you need your small warehouse for.
The average turnkey cost to build a warehouse ranges from $20 to $60 per square foot. Typical costs can vary, with a small 30x40 warehouse costing $35,000 to a 50,000-square-foot distribution center costing over $1MM.
The average warehouse cost per year per square foot in our latest survey to rent a warehouse was $7.96. Operating costs can easily add another $2-5 per square foot to the overall costs of renting warehouse space. Operating expenses can reasonably be estimated as follows: Electric ($1-2 per square foot per year)
The cost of renting a large warehouse in Los Angeles, California can range from $0-$5 per square foot per month depending on the structure and location. The cost of renting a large warehouse in Los Angeles varies depending on the size. A large warehouse costs about $2,000 to rent for a month.