Market Insights: Commercial Spaces 301-400 Sqm For Rent Beit Shemesh

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⚡ TL;DR
Commercial spaces of 301-400 sqm in Beit Shemesh are increasingly sought after by mid-sized businesses. Rents average ₪70-95 per sqm monthly, with strong demand near Ramat Beit Shemesh and city center. Expect stable ROI potential of 5.5%-6.5% annually.

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

Q: What is the average ארנונה (municipal tax) for 350 sqm commercial space in Beit Shemesh?
A: Expect annual costs of ₪52,000–₪70,000 depending on zoning category. Medical and educational uses may qualify for partial discounts.

Q: Which areas in Beit Shemesh are best for customer-facing businesses?
A: The city center along Herzl Street offers the highest visibility, while Ramat Beit Shemesh Gimmel attracts family-oriented foot traffic due to schools and shopping centers.

Q: How competitive is the market for 301-400 sqm units compared to smaller shops?
A: Mid-size spaces face less saturation than 50-100 sqm shops. Vacancy rates are lower, and tenants often sign longer leases (5–7 years) for larger spaces.

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.

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