Free Warehouse Cost Per Square Foot Calculator

Calculate the total occupancy cost per square foot for warehouse and industrial space, including base rent, NNN charges, and operational expenses like dock and storage costs.

sq ft
sq ft
USD
USD
USD
ft

Blended Cost Per Sq Ft

$12.68

Total Annual Cost$279,000
Monthly Cost$23,250
Cost Per Cubic Foot$0.5813
Total Cubic Feet (usable volume)480,000
Warehouse Rent (annual)$170,000

Blended Cost Per Sq Ft vs Warehouse Square Feet

Warehouse & Industrial Space Costs

Warehouse leasing uses similar metrics to other commercial properties but adds unique considerations like clear height, dock doors, and power capacity.

Cost Structure

  • Warehouse base rent: $5-$15 per sq ft in most markets
  • Office portion: Typically 2-3x the warehouse rate
  • NNN charges: $2-$5 per sq ft for taxes, insurance, and CAM
  • Total all-in cost: $10-$22 per sq ft in most markets
  • Clear Height Premium

    Clear height (the usable vertical space) is critical for racking and storage:

  • 20 ft clear: Standard, no premium
  • 24-28 ft clear: Moderate premium, preferred by distribution
  • 32+ ft clear: Premium pricing, needed for high-density storage
  • Cost Per Cubic Foot

    For storage operations, cost per cubic foot is a better comparison metric than cost per square foot, since taller buildings offer more usable volume per dollar.

    Office-to-Warehouse Ratio

    Typical warehouse space has 5-15% office area. Heavy office ratios (20%+) increase the blended rate significantly.

    Example Calculation

    20,000 sq ft warehouse at $8.50/sq ft, 2,000 sq ft office at $16/sq ft, $3.50/sq ft NNN, 24 ft clear height.

    1. 01Total square feet: 20,000 + 2,000 = 22,000
    2. 02Warehouse rent: 20,000 x $8.50 = $170,000
    3. 03Office rent: 2,000 x $16 = $32,000
    4. 04NNN charges: 22,000 x $3.50 = $77,000
    5. 05Total annual: $170,000 + $32,000 + $77,000 = $279,000
    6. 06Blended per sq ft: $279,000 / 22,000 = $12.68
    7. 07Cubic feet: 20,000 x 24 = 480,000
    8. 08Cost per cubic ft: $279,000 / 480,000 = $0.58

    Frequently Asked Questions

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