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  • Rent Cost

    Hi,

    We are starting either a 7 barrel or 15 barrel brewery in MS and finishing up our business plan. Prices here for commercial rent seem really high and we are wondering what people are paying for rent and what square footage you are in? Any help would be greatly appreciated.

    We are seeing prices of $9000 to $10,000 per month for 13000 square feet.

    Thanks

    Magnolia Bleu Brewery

  • #2
    Well rent is going to vary obviously by area and type of building. At $10,000 per month thats about $0/Sq ft....low rent for our area.
    Dan Lynch, Co-Founder
    Little Miami Brewing Company
    Old Milford, Ohio

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    • #3
      That's not too bad. At the high end I'm calculating $9.23/sqft. In Little Old Brunswick, GA, rents for industrial large spaces were running from $7-$9. Rent on the island at minimum is $13/ft.

      Maybe you can start with less sq footage? That would reduce your rent, but I understand your needs may dictate the space as well.

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      • #4
        Could be worse

        I'm over quadruple the rent/sqft mentioned so far..

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        • #5
          Prices will vary by place, space and region

          In Massachusetts, rent is all over the place. I see spaces that offer free rent for the first 12 months that need full renovations. Typically these are beat up boxes with lowish ceilings that need literally everything. Dirt floor come cheap... then generally the upgrades you made in these spaces will dictate your future rent.

          My rent is $5.75 per sq ft and I am in a very busy area with 75-80K cars a day driving by. My space was essentially set up and ready to do.
          Mixed area of commercial and residential.
          In my town where I live, I looked at a decent space a year ago that was $7.50 per sqft with 10K cars a day and needed a lot of work.

          So yeah, things vary.
          ________________
          Matthew Steinberg
          Co-Founder
          Exhibit 'A' Brewing Co.
          Framingham, MA USA

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