1. Headline Rent Benchmarks (2026)

Location | Grade A Prime | Grade B

Prague | €7.20/sq m/month | 15–20% lower
Secondary markets | €5.20/sq m/month | 20–25% lower

Rents are quoted per sq m per month in EUR (most leases).

 

2. Property Tax

Czech Republic's property tax system applies a rate to the assessed value of industrial buildings. The effective burden for modern warehouse properties typically runs:

  • Prague area: €0.25–€0.55/sq m/month
  • Secondary markets: €0.15–€0.40/sq m/month

Under a standard NNN lease, property tax is recharged to the tenant in full. Always request the current cadastral assessment and tax calculation before signing.

 

3. Building Insurance

Landlord-arranged building insurance (fire, storm, liability) is typically recharged to the tenant:

  • Standard warehouse: €0.05–€0.10/sq m/month
  • Cold storage or specialist: €0.10–€0.20/sq m/month

Check the policy excess/deductible — on some policies this can be €50,000 or more, which in practice falls on the tenant in the event of a claim.

 

4. Service Charges

For warehouses on multi-tenant logistics parks, service charges cover:

  • Estate roads and yard maintenance
  • External lighting
  • Landscaping and green maintenance
  • On-site security (if provided)
  • Estate management fee

Typical range: €0.15–€0.35/sq m/month

 

5. Utilities

Utility | Typical Cost

Electricity (standard warehouse) | €0.10–€0.18/kWh (net of levies)
Gas / heating | €0.05–€0.15/kWh
Water | Low (for dry warehouses)

For a typical 10,000 sq m standard warehouse in Czech Republic, total utility costs run approximately €0.30–€0.70/sq m/month depending on operating hours and automation intensity.

 

6. Maintenance

Under a NNN lease, the tenant is typically responsible for:

  • Internal maintenance and decoration
  • Dock leveller servicing and door maintenance
  • Sprinkler system annual inspection
  • HVAC/heating system maintenance

Budget approximately €0.20–€0.40/sq m/month for routine maintenance on a modern Grade A warehouse.

 

7. Full Cost Model: 10,000 sq m in Prague

Cost Component | €/sq m/month | Annual Cost (10,000 sq m)

Headline rent | €5.20 | See benchmark
Property tax | €0.35 | €42,000
Insurance | €0.08 | €9,600
Service charges | €0.25 | €30,000
Utilities | €0.50 | €60,000
Maintenance | €0.30 | €36,000

Total non-rent | ~€1.48 | ~€177,600

 

FAQ

Is property tax in Czech Republic recharged to warehouse tenants?

Yes, under standard NNN leases — which are the norm for Grade A industrial space in Czech Republic — property tax is passed through to the tenant. Always request the current tax assessment before signing.

How much should I budget for a full warehouse reinstatement in Czech Republic?

A full reinstatement — removing fit-out, racking anchor points, mezzanine floors and restoring floors to original condition — typically costs €15–€35/sq m in Czech Republic. For a 10,000 sq m warehouse, budget €150,000–€350,000 and set aside provisions throughout the lease term.

Are energy costs rising in Czech Republic?

Yes. Industrial electricity prices in Czech Republic increased 20–50% between 2021 and 2023 and have partially moderated since. Tenants should model energy costs carefully, consider fixing prices via forward contracts where available, and evaluate solar PV installation as a cost-reduction measure.

 

Find the Right Space

Contact us or use the search tool on our portal to find available spaces that meet your requirements.

 

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