Flex Industrial & Small-Bay Contractor Warehouse Engine

Underwrite multi-tenant contractor incubator facilities (1,500–2,500 sqft bays with 14-ft drive-in doors). Model modified gross rents and institutional asset valuation.

Industrial Park Parameters

Total Building Size (Sq. Ft.)

Number of Contractor Bays

Modified Gross Rent ($ / Sq. Ft. / Yr)

Operating Expenses & Taxes ($ / Sq. Ft.)

Stabilized Occupancy (%)

Market Capitalization Rate (%)

Park Valuation & Yield Verdict

$3,083 / MO PER BAY

Net Operating Income (NOI)

$335,400 / yr

Institutional Asset Valuation

$4,791,000

Granular Tenant Demand Dynamics

12 Independent Service Tenants

Plumbers, HVAC, electricians, and e-commerce storage create zero customer concentration risk.