All About Flex Spaces in Real Estate
Within the real estate industry, people are always coming up with new ways to make more money or rather gain more with the little that they have. One of the ways this has been made possible is by the use of flex spaces in real estate.
What exactly is flex space in real estate, you may wonder? A flex space is any building that has a combination of a warehouse and a retail space.
A flex space can come in different variations depending on the requirements of the user. The most common users of such spaces are artists and brewers.
Flex spaces really come in handy for those small businesses that would really like to maximize their space. For example, if you are a small-scale brewer you would use your space as a retail shop and also the production hub for your beer.
This, in turn, would mean that you would save on cost and also on transport since you will be making your product and selling it from the same point.
(Photo of flex space. Photo/Courtesy)
Why should one invest in flex spaces? A flex space can come in handy in so many different ways. Flex spaces on occasion have the highest tenancy rate compared to other commercial spaces and in addition to this, flex spaces offer a bit of versatility because you will be able to fill your space due to the different uses that it may offer.
(Image of flex space. Photo/Courtesy)
At the end of the day, flex space offers flexibility to any and all those who may want to invest or even lease out a space. It is also a very affordable and cheap way to go about in real estate.
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