Leasing commercial property can be a complex process with various legal, financial and operational considerations. It involves negotiating lease terms, understanding lease clauses, assessing market conditions and ensuring the space meets your requirements.
Below, I have provided a guide of the standard rates we are currently seeing in the commercial property leasing landscape.
To navigate this intricate landscape it is crucial to have an understanding of the key elements and strategies involved in commercial leasing. Are you a business owner looking for a new space? If you would like a copy of my commercial leasing guide for tenants please drop me a line on steve.buckley@blackhaus.co.nz or to 0273 398 398. My guide is designed to provide you with the essential knowledge and practical information you need to make informed decisions.
Steve 🙂
CURRENT COMMERCIAL & INDUSTRIAL
LEASING RATES
(Auckland)
INDUSTRIAL
| Type | $ per sqm (lower range) |
$ per sqm (upper range) |
| Warehouse | 130 | 200+ |
| Office/showroom | 175 | 350 |
| Mezzanine | 65 | 100 |
| Canopy | 65 | 100 |
| Yard | 40 | 65+ |
RETAIL
|
Type |
$ per sqm (lower range) |
$ per sqm (upper range) |
| Convenience | 400 | 550 |
| High Street | 500 | |
| Bulk | 300 | 400+ |
| Hospitality | 400 | 800+ |
COMMERCIAL
|
Type |
$ per sqm (lower range) |
$ per sqm (upper range) |
| Office | 250 | 450+ |
Please note: this table is provided as a guide to current market conditions. These prices are based on recently executed leases however it is important to note, prices can vary substantially due to various factors such as:
Building considerations
- Age
- Condition
- Amenities
- Shared or private facilities
- Fit for purpose/features
- Onsite parking
- Road front/profile
- Accessibility
Local considerations
- Demographic
- Population
- Local commercial enterprises
- Local amenities
- Proximity to arterial roads, ports, airport & rail
- Public parking
- Transport options
Commercial considerations
- Length of initial term
- Viability of business
- Development clauses