Who is developing small warehouse space?
I currently rent a 1000 sqft unit in a larger metal warehouse building. Simple design, nothing crazy. Each unit has a 100sqft "office" with a bathroom attached to it. In my particular building, there are 14 equal sized units in that building, so a 14k sqft shell of a building subdivided into 14 units. These are perfect shops for woodworkers, paint companies, rental companies, etc. I've got my eyes on some land to do a building like this, but not sure where to start. My investing in the past has been single family residence. I've never jumped into the commercial side.
If you have done this type of development in the past, are there any "you should avoid this at all costs" lessons you could throw my way? I've attached a photo to the style of building I am looking at.
Thanks
Marc
