Flex Spaces
- What is Industrial Condo/Flex Space?
- A real estate property offering flexible, customizable spaces for various businesses and industries.
- Growing Trend Towards Flexible Workspaces
- Proliferation of SMB’s (small and medium businesses) creates a need for cost-effective, scalable office solutions, making Commercial Condo/Flex Space an attractive option.
- We are witnessing a significant trend towards flexible workspaces, driven by the increasing adoption of remote work and the rise of the gig economy. as small and medium-sized businesses continue to flourish, the demand for affordable and adaptable Office Solutions has surged. Industrial Condo / Flex Space development is well positioned to meet the evolving needs of modern businesses and entrepreneurs
- Why Invest in Industrial Condo/Flex Space Development?
- Capitalize on increasing demand for versatile workspaces, particularly among small and medium-sized businesses
Why Flex Space?
Versatility of the Units - Flex spaces can be customized to fit a wide variety of businesses. Rental Demand - With the growth of e-commerce and small businesses, there is becoming increasingly more demand for these units. Diversification - Flex Space allows investors to diversify their investment portfolios by purchasing a flex space unit that will be far more affordable than a traditional office building. Attractive Returns for Investors - Flex Space properties offer strong investment returns due to high demand and limited supply, resulting in above-average rental rates. Their adaptability for renovation and repurposing, further increase their value and potential appreciation. Additionally, flex space will offer a much higher return than a similar traditional commercial building.
Small Businesses
There are 33.2 million small businesses in America, which account for over 99.9% of all U.S. businesses. Of the 33.2 million small businesses, over 32.6 million businesses employ 0-20 employees. - From 1995-2021 small businesses are credited with just under two-thirds of new jobs created. - Small businesses have added just under 13 million jobs in the last 25 years. - Small businesses are the backbone of the U.S. economy and will continue to grow with the economy. - According to Dallas Culture Map, DFW ranks as a top 10 metro to start a small business.
Potential Tenants
- E-commerce workers - Electrician, HVAC, Roofing - Light manufacturing and distribution - Builders, Architects, Land Surveyors & Engineers - After market automotive (coatings, conversions, add ons, etc…) Club Teams (Basketball, Volleyball, Soccer etc) - Indoor pickle ball courts - Sports Training - Crossfit Gyms - Dance Companies - The list goes on and on.....