How Roof Lifting Makes Retail Spaces More Lucrative
By Maximizing Cubic Footage, Property Owners and Businesses Alike Get More Bang for Their Buck.
With all the fast-paced changes impacting modern logistics, businesses need more from their warehouses than ever before. Once a company decides that their current space is no longer serving them, an expensive and time-consuming search for a new warehouse is not far away.
However, there are ways for warehousing businesses to avoid the steep costs of purchasing a new property or developing new land. Making improvements to current warehouse space often satisfies the growing needs of the company and saves business owners thousands if not millions of dollars in the long run.
By making some structural changes to an existing commercial property, businesses can multiply their capabilities at a fraction of the cost of moving operations to a new location.
Below we’ll talk about some of the best options for business expansion.
Increased Inventory Levels, Bulk Cost Savings, Seasonal Flexibility.
When retailers have a property with tall ceilings, they reap many benefits that stores with lower ceilings and smaller footprints simply can’t provide. By keeping items on shelves and racks in-house, these businesses increase their inventory levels and on-hand stock positions, which in turn lead to fewer stock-outs, opportunities for bulk purchasing, and more satisfied customers.
With more inventory on hand, customers are more likely to make purchases on the spot, driving sales. Retailers also benefit from reduced purchasing and shipping fees when items are bought and shipped in large quantities.
These businesses enjoy seasonal and promotional flexibility in their space as well, allowing them to stock up on items sold primarily during sales events or holidays without cramping year-round inventory.
When large retailers are looking for commercial real estate for their next location, they will inevitably search for properties with sufficient clear height for their operational needs. Property owners can improve their chances of securing these lucrative tenants by lifting their roof to a height capable of comfortably housing big-box retailers.
With More Efficient Use of Space, Big Businesses Can Fit In Small Spaces.
In densely populated urban areas, square footage is increasingly hard to come by. When a property on a desirable city block becomes available, it often limits the types of companies that need more cubic footage to operate efficiently.
Fortunately, property owners and managers can massively boost their site’s value by lifting the roof and creating more cubic footage. By raising the building’s clear height, they can attract tenants that don’t need a large footprint to operate but do need vertical space for storage and operations.
With extra storage space, businesses can better fulfill online orders while reducing dependence on external storage — even in the tightest of spaces.
With a taller roof, these businesses can fit into a small footprint on a crowded city block without paying the higher rent associated with a larger property. This is how large retailers like Best Buy or Floor & Decor gain a competitive advantage in dense markets.
Start the Conversation with LIFTEX.
Does your property need to attract more lucrative tenants? Is a short ceiling preventing you from securing long-term lease agreements? Talk to LIFTEX!
LIFTEX created the commercial roof lifting process over 50 years ago and remains the industry leader today.
See how you can maximize efficiency and improve ROI on your property. Talk to one of our experts today and explore your options with LIFTEX!
