$4.50 per sf, 5000 sf all told so that comes out to $1875 per month.
1500 of that sq footage is office space, the other 3000 is "warehouse"
Which is about a 50x60 space... if you broke that into four "shops" of 25x30, that would mean $468.75 each and you would have "office space" left over.
If you get real creative, you try to rent out that 1500sf to a small biz that does not need whouse space... If you can rent it to them for the same $4.50 per sf then the warehouse part drops down to $1125 per month, / 4 = $281.25.
Now, utilities are prob on top of this along with prob taxes (called a triple net lease)....and utilities for a warehouse might could get high....so that is an "unknown" I would say $350-400 a mo for the warehouse gang is a reasonable estimate... for 750 sf each.
I don't know I am ready to do this... would be nice to do my jeep stuff there, but will have to be doing enough for it to "pay for itself" for it to make sense...and unless the office space is rented out, it makes the whouse part a bit too high...
But there are the numbers....
BTW this is for stuff on Industrial Drive in KVille...decent area...