Self-Storage Ninjas Offers Flex Warehouse and Storage Condo Feasibility Studies
Sensei Katherine D’Agostino, founder and owner of Self-Storage Ninjas, has expanded her expertise to offer feasibility studies for clients wanting to develop flex warehouse facilities and storage condos.
“Flex warehouse space (AKA light industrial space, contractor bays and contractor garages) and storage condos are a natural business offshoot for self-storage and boat and RV storage facility developers,” explains Katherine. “Though much of the supporting data – and tenants or buyers – are different than their self-storage and boat and RV storage counterparts, our meticulous assessment of the market and through development recommendations allow you to proceed with confidence.”
This thorough analysis serves as the bedrock for determining the viability of a new flex warehouse facility or storage condos (or for expansion of existing storage facilities into these often undersupplied commercial real estate niches). Self-Storage Ninjas’ flex warehouse and storage condo feasibility report options take the form of an initial market study or a full feasibility study.
Storage condos offer unique storage solutions for cars, boats, and RVs that range from “man caves” furnished with mezzanine levels and bathrooms to more utilitarian options that are just like extra-large storage units. Depending on the needs of a given market, flex warehouse units can double as premium boat and RV storage units.
When developments are deemed viable, Sensei Katherine provides an operations and construction budget which includes a pricing model, projections for lease-up cash flow, and proforma. The unbiased report from an independent, third-party expert can help developers secure a loan by providing confidence about the project to the bank or lender. Feasibility studies can also bring increased interest from investors and personal peace of mind.
Because flex warehouses have variable uses, these types of buildings are very attractive to an array of businesses seeking space. Potential occupants can include manufacturers, brewers, artists, auto shops, and cabinet makers, just to name a few examples.
Sensei Katherine takes pride in delivering high quality reports that empower investors and developers to make knowledgeable, well-informed decisions to make their envisioned facility a reality. She does not offer services like property or construction management, so she does not have a financial incentive to greenlight a project. Clients can trust that her recommendations are impartial and supported by her thorough research with data from trusted and documented sources like industry publications, verified statistics and government resources.
Contact Sensei Katherine to receive specific guidance on how to do a flex warehouse or storage condo feasibility study that results in a business plan with high occupancy and the highest return possible. She offers a free preliminary report which provides an objective review of any proposed project to determine if the market’s demographics, competition and demand support its development. Schedule a meeting and find more information at https://www.selfstorageninjas.com/self=storage-feasibility-consulting.