Acquisition Criteria
Flex Spaces, also known as Small Bay Industrial or Industrial Flex buildings, are commercial or light industrial properties designed to provide a versatile and adaptable working environment, typically in bays of 1,500 sf to 6,000 sf, and in buildings that are 6,000 to 12,000 sf with 18’ ceilings.
These facilities combine the functionality of a warehouse or industrial space with the flexibility and amenities of a modern office by catering to a wide range of business needs.
Flex Space Land
1-5 acre relatively flat parcels
Average daily traffic > 20K
Existing Buildings
1-5 Acres
Metal, Tilt Wall or Brick Construction
Ceiling heights >14’
Below replacement cost and the ability to add value
Average daily traffic > 20K
Trade Area Requirements
Typically 2, 5, 10 mile rings
Open to any market in GA with a focus on secondary and tertiary markets
Will consider border states to GA
Trade area population must be positive and growing
Trade area per capita income >$15k
Trade area median home values > $250k
Trade area home ownership must be greater than rental occupancy
Trade area business counts > 1200

