A building for storing goods, usually with high clear heights, loading docks and heavy-load floors, located on industrial or warehousing-zoned land near highways.
How it works and what to check
Warehouses are let on built-up area, usually per square foot per month. Clear height, floor load, dock count, fire systems and truck access drive the rent.
Check that the land use permits warehousing, that the building has fire and other approvals, and the lease's lock-in and escalation terms.
Common questions
What is the difference between a godown and a warehouse?
Godown is the everyday term; warehouse usually means a larger, modern facility.
How is warehouse rent quoted?
Usually per square foot of built-up area per month.