Who Belongs Here
These spaces fit companies requiring mid-size offices, retail showrooms, or medical practices. With floorplates of 301-400 sqm, they accommodate 25-40 staff comfortably. About 60% of demand comes from service providers (clinics, educational centers), while 40% comes from logistics-light businesses.
Reality Check
While Beit Shemesh is growing rapidly, commercial spaces face challenges. Average ארנונה (municipal tax) is relatively high at ₪150–₪210 per sqm annually. Parking is limited in central corridors like Herzl Street. Rental yields are stable but lower than in peripheral industrial zones such as Har Tuv.
Neighborhood Breakdown
Key areas include:
- Ramat Beit Shemesh Aleph & Gimmel – Popular for clinics and education centers; rents around ₪85 per sqm.
- Industrial Zone Har Tuv – Lower rates at ₪55–₪65 per sqm; good for storage-heavy businesses.
- City Center (Herzl Street, Beit Hadfus) – Prime visibility, rates ₪95–₪110 per sqm, but limited parking.
Why Commercial Spaces 301-400 Sqm For Rent Beit Shemesh Wins
Advantages include proximity to Jerusalem and Tel Aviv (25–30 minutes by train), young family demographics driving service demand, and consistent population growth of 3.5% annually. Vacancy rates remain low at 5%-6% compared to 12% in peripheral cities.
Versus the Competition
Aspect | Rating | Details |
---|---|---|
Rental Yield | ★★★☆☆ | 5.5%-6.5%, lower than Har Tuv but higher than Jerusalem CBD. |
Accessibility | ★★★★☆ | Direct train link to Tel Aviv and Jerusalem; improved highway exits. |
Tenant Demand | ★★★★★ | Driven by population growth and lack of competing supply. |
Parking | ★★☆☆☆ | Limited in central areas; better in Har Tuv zone. |
Investment Reality
Average monthly rent for 301-400 sqm is ₪21,000–₪36,000 depending on location. Effective price per sqm: ₪70–₪95. Prime city center units can exceed ₪100 per sqm.
Price Dynamics
Rental growth has averaged 3.2% annually over the past 5 years. Demand is expected to continue rising due to projected population growth of 25% by 2030.
What ₪X Million Gets You
For ₪2.5–3.5 million purchase price, you can own a 350 sqm unit in Har Tuv industrial park. In the city center, equivalent space may cost ₪4–5 million with higher yields from retail tenants.
Frequently Asked Questions
The Bottom Line
Commercial spaces of 301-400 sqm in Beit Shemesh offer a balanced opportunity: stable demand, growing demographics, and strategic positioning between Jerusalem and Tel Aviv. While parking and tax costs are notable, long-term fundamentals remain strong for investors and tenants alike.
Expert guidance makes all the difference. Let’s explore your options.