Thoughts on Industrial Flex Spaces

[Steven Segal]

Anyone with experience in these? I like the fact that maintenance should be relatively low. I also think there should be quite a bit of demand for them. Just looking for feedback, tips.  Feel free to chime in with anything. 

Thanks, 

Steven

[Cole Bigbee]

@Steven Segal The light industrial/flex style space has been great to me. Usually anything 12,500 sqft or less leases relatively quickly in the area I operate in. With your location in Florida, I would think demand would be high for these types of spaces. As @Kevin McGrath mentioned, you wouldn't get as long as lease with these types of tenants but I find them relatively easy to turn over as your normally only looking at less than 1,000sqft of office, with the rest warehouse space. One of the best ways to find out what demand is, is to ride around in an industrial park and see how many of these spaces are empty, if any, then find out why! There are normally commercial agents in these markets that specialize in this type of space that could give you great insight as well. Hope this helps!