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Updated almost 10 years ago,
FLEX = I'm Insane
Every time I see or hear the word "FLEX" involved with a commercial property it seems like it's an obsolete building that's laid out all wrong on the property, that was specifically built to manufacture something like steam powered typewriters.
It will have low ceilings, loading docks unable to accommodate modern tractor trailers, and two phase electric.
Even if the building is modern, It'll be built for some kind of business that was put out by some kind of big box retailer. If you can find another use for it, you end up with so much unusable space that you have to pay taxes on.
Oh and even if the building and property are good, FLEX means Cadillac pricing on a good used Chevy