INDUSTRIAL PROPERTIES

What Are Business Centers?

Business centers, often referred to as small bay industrial properties, consist of flexible, multi-use spaces with smaller unit sizes compared to traditional large-scale industrial warehouses. Each unit typically features a small office space in the front and a larger warehouse space in the back. This blend of functionality makes them perfect for a wide range of tenants. Other common features typically include a large roll up door, high ceilings for vertical storage, flexible interior configurations, overhead lighting, & parking for company trucks & employees.

Pro Business Centers

Why Invest In Business Centers?

Business centers, often referred to as small bay industrial properties, consist of flexible, multi-use spaces with smaller unit sizes compared to traditional large-scale industrial warehouses. Each unit typically features a small office space in the front and a larger warehouse space in the back. This blend of functionality makes them perfect for a wide range of tenants. Other common features typically include a large roll up door, high ceilings for vertical storage, flexible interior configurations, overhead lighting, & parking for company trucks & employees.

Diversified Tenant Base

Business centers are attractive to a variety of industries, including local service providers, contractors, manufacturers, and distributors. This diversity can protect against market downturns in any one sector. For example, while demand for retail space might fluctuate, the demand for industrial space remains steady as businesses continue to require locations for production and storage.

High Demand for Flexible Spaces

As businesses evolve, there is an increasing need for versatile, multi-functional spaces that can adapt to a variety of uses. Business Centers are ideal for companies that require a mix of office, storage, and light manufacturing or distribution areas within a single location. This flexibility appeals to a wide range of tenants, from start-ups to established businesses looking for adaptable and cost-efficient spaces. The ability to accommodate different types of businesses helps keep occupancy rates high.

Affordability & Scalability

Compared to larger, single-use industrial properties, small bay industrial units are more affordable for tenants. This allows owners to tap into a broader market segment and lease multiple units within one business center. With tenants spread across several units, the financial risk is reduced compared to properties with just one or two large tenants.

Low Maintenance & Management Costs

Compared to office buildings or retail centers, small bay industrial properties are generally easier to maintain and manage. Their straightforward design and durable construction lead to lower repair costs. Additionally, tenants are often responsible for maintaining their units, reducing the owner’s involvement in day-to-day maintenance.

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