Flex warehouse spaces are single story buildings that can be used as both office and warehouse space. Users can either build them out with 100% office space or they can build out a little bit of office space and have the remaining be warehouse space. There is a growing trend toward flex warehouse space such as Austin, Tx because the cost of traditional office space has sky rocketed.
The buildings typically only have windows on the front and may have an overhead door in the back with either a grade level loading area or dock high loading.
Types of business’s that typically occupy flex spaces are users that need office and warehouse space such as plumbers, pest control, electricians, mechanic shops, call centers, roofers, HVAC companies, etc. Because of how expensive office space is these days you are now seeing technology and software companies rent flex space and build it out to have 100% office.
Flex space is less costly than traditional office space. For example in Austin the lease expensive traditional office space ranges from $21 to $25 sf per year where as flex warehouse space will cost $13 to $16 sf per year. Also with flex space since there are no common areas your get more usable square footage. That means your usable sf equals your rentable sf. They only other cost you will incur is your monthly electric and janitorial costs.
In addition you are typically responsible for the maintenance and repair of the HVAC unit so make sure you negotiate a good warranty on it.
If you have any questions about flex warehouse space or need help determining whether it’s right for your business feel free to give us a call at 512-861-0525