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Converting 60K SF Class B Industrial to...?
Hi everyone - I have on the market my own class B 60K SF metal warehouse that I am thinking about converting half of the facility into flex space to lease out. Has anyone attempted this or know someone who has? The market for class B is still strong but I do have use for half the facility. I have plenty of clear height (24-28'), acreage, parking, and the right zoning to do this and I am located in a mid-major market. Any feedback or contacts are appreciated!
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OP Look on Loopnet and see who the major Commerical realtor is in your area. Or just look at the signs. Ask them about the potential and how to split up.
Also look on Loopnet for any similar type rentals, sq ft, NNN, lease terms, $ sq ft, etc.
Structurally look at the building itself. Fire suppression, fire walls needed, Sewer/Water/bathrooms/electical breakout, etc Determine cost effectiveness.