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Small Bay Industrial Basecamp
471 members • Free
2 contributions to Small Bay Industrial Basecamp
Jun 30 •
Optimal Flex Bay Size?
I'd love some real-world advice. We're planning a 45,000 SF flex building on 4 acres in Holly Springs, NC, in an affluent, established business park adjacent to $1M+ homes. We think the best opportunity is serving smaller contractors, but I'm trying to determine the ideal bay size. I've seen projects with bays as small as 1250 SF, but I'm concerned about the added build-out costs, management, and tenant credit. On the other hand, 2,500–5,000 SF bays are much more efficient, but the total rent may price out some of the target tenants. For those who have developed or leased this product, where have you found the sweet spot?
3 likes • Jun 30
My experience as a broker in Asheville (tertiary market, probably similar to Holly Springs) is that the 1,200-1,500 SF size works well and can consistently lease. The creditworthiness of the Tenant is a bit of a tradeoff, because you are definitely marketing to newer/startup businesses (as well as established ones). The plus is that if they are successful, they grow and either renew leases or expand into adjacent units, or vacate and allow you to reset to market on rents. I have found that the larger sizes are also rentable, but that creditworthiness of the Tenant doesn't necessarily correlate to a larger bay size. At least in Asheville.
Jun 11 •
Introduction
Good morning from Asheville, North Carolina. I'm a broker with 12 years experience in the Western North Carolina market, much of that time focusing on Small Bay sales and leasing. I am increasingly interested in all aspects of the asset class, and would love to someday shift from brokering to owning or managing. I attended the Small Bay Summit in Atlanta this spring and have enjoyed growing the connections made there. If I can offer any perspective from the brokerage side, I'm happy to do so. Looking forward to learning more here.
0 likes • Jun 15
@Brock Fraser Thank you, sir!
0 likes • Jun 15
Thank you, John. Would love to connect with you... my email is [email protected], cell 828-279-0090.
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@james-harrison-9354
Commercial broker in Asheville, NC focused on Small Bay Industrial
Active 39d ago
Joined May 28, 2026
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