Commercial Real Estate News / Leasing/Renting / Finding a Garage for Rent Near You

Finding a Garage for Rent Near You

Published: 09-21-21 Category: Leasing/Renting

Specializes in providing actionable insights into the commercial real estate space for investors, brokers, lessors, and lessees. He covers quarterly market data reports, investment strategies, how-to guides, and top-down perspectives on market movements.

We see a light blue garage for rent with open door

This article was updated on 8/21/2023.

Whether you're looking for some extra storage or a private, distant space to park or work on your car, you can easily find a garage for rent near you with today's innumerable number of free resources.

You may be debating between buying or renting a garage. Both come with their own sets of pros and cons: Buying a garage for sale means retaining complete control over the property but staying tied down to a singular location; leasing a garage for rent means giving up some of that control while being able to stay flexible and relocate easier.

You should probably settle that debate, first. Then, read on to learn how to find a garage for rent near you.

#1 – Establish Your Preferences

There may be a certain way you want the garage you're going to rent to look or feel. You may want it to be close by to restaurants and other popular attractions so you can walk to them right from your garage. If you choose to rent a garage space out of a larger industrial warehouse, you may want to talk to some existing tenants of the place first before signing anything.

It sounds trivial, but at this stage in your search, you want to prepare for and/or avoid as many surprises as you can down the line. Write everything down about your ideal garage. Write everything down that you don't want in your ideal garage. Ask yourself difficult questions and write their answers down: Are you 100% sure you want to rent instead of buy? Have you adequately researched both options?

It's better to do your due diligence now than lock yourself in a bad lease.

#2 – Set Your Budget

How much money per month can you comfortably put towards rent? What if you find a garage for rent near you that's got a great location but really needs some renovation? Will you be able to pay for it?

These are just a few questions you should ask yourself when sitting down to create your budget for your garage. What if something goes wrong and a surprise expense pops up? What if you have to cut your lease early, will you be able to afford the penalties?

The saying, "Fail to plan, plan to fail," reigns true, especially when it comes to renting commercial real estate.

#3 – Decide If You Want to Work with a Broker

When looking for a garage for rent near you, you're looking for a piece of commercial real estate. Commercial real estate differs from residential real estate in that tenants of a single commercial real estate property are often businesses or more than just one (in the case of multifamily apartments and some other property types).

A commercial real estate broker differs from an agent in education, experience, and expertise, or the three E's. Brokers must acquire more hours of training and experience in order to get their state licensure; then, once licensed, they tend to specialize in a property type and/or specific geographic area and utilize their exclusive access to market intelligence to help them do so.

It may benefit your search in locating a garage for rent near you to link up with a commercial broker. They'll be able to help you secure the best possible deal, win favorable terms, and guide you throughout the process.

#4 – Use a Free Search Engine to Locate Listings

The next step is to begin your search for a garage for rent near you. You can use MyEListing.com's free search engine right here on our website to locate garages for rent and for sale that are local and near you. When you use our search engine, you'll get everything you need to know about each commercial property for rent near you.

Garage Listings on MyEListing.com

You'll notice the property listings of garages for rent or for sale on MyEListing.com include:

Property type;
Property address;
Unit square feet;
Monthly price;
Service type;
Annual rate per square feet;
Listing agent contact information;
And more.

You'll also see listing demographics, property highlights, and other market intelligence data right below the listing information, all for free. Use our search engine to find garages and other commercial property for rent near you.

#5 – Scout Out Each Property

Finally, you'll want to make sure you compile a list of garages for rent near you so you can go and visit each one in person. Sometimes, the listing photos don't do the actual property justice. It's always a good idea to put the extra time in to go and see a property for yourself.