t-5's are better suited for high bay installations and cost a bit more than t-8 for both fixtures and bulbs. T12's were popular 8' lengths, these days it's moving to mostly all 4' bulbs, t-8 bulbs @ 32w ea and t-5 bulbs @ 54w ea
What's you ceiling height? 15'+ go highbay t-5 fixtures, (highbay fixtures are also available in t-8). Or some would go metal halide or standard high pressure sodium hanging lamps @ typically 250w-1000w ea.
Below 15' t-8's will be much more cost effective and offer plenty of light.
At 40x50 I somewhat assume the ceiling is quite high.