If you’re interested in adding to your portfolio, may we suggest commercial real estate? I know, I know… that’s pretty self-serving considering that’s what we develop, build and sell here. But the fact of the matter is that there is a great way to dip your toes into commercial real estate ownership without the massive hassles. It’s one, hyphenated word… “Pre-leased”. As in, “pre-leased microflex units”.

Whenever we build out a new micro-flex project, a percentage of the available units are reserved for lease tenants (folks who love the flexibility and affordability of a micro-flex space, but maybe they don’t have the cash on hand to buy). We then make those units available for purchase to interested investors with the tenant already in place.

The investment potential is huge here. Pre-leased microflex spaces offer a unique opportunity to secure immediate rental income while benefiting from the advantages of triple net (NNN) leases (if you’re not familiar, we cover that in a few short moments).

At Personal Warehouse, we currently have pre-leased units available for sale in our Georgia and Texas projects, providing investors with a seamless entry into the commercial real estate market.​

Understanding Pre-Leased Micro-Flex Spaces

Pre-leased properties are commercial spaces already occupied by tenants under existing lease agreements. This setup allows investors to start earning rental income from day one, eliminating the uncertainties associated with finding and securing tenants. In the context of micro-flex spaces, pre-leased micro-flex units combine flexibility with immediate cash flow.​

Micro-flex units are almost always part of a condominium complex setup, meaning you have a property manager on call already. You’ve already secured a tenant when you buy pre-leased. So much of the headache of being a commercial landlord is already sorted for you.

The Appeal of Triple Net Leases

A triple net lease (NNN) is when the tenant agrees to cover all property expenses (e.g. real estate taxes, building insurance, and maintenance costs) in addition to the base rent. This structure shifts the financial responsibilities typically borne by the landlord to the tenant, offering several benefits to investors:

  • Predictable Income: With tenants covering most operational expenses, landlords enjoy a stable and predictable income stream.
  • Reduced Landlord Responsibilities: The landlord’s obligations are minimized, as tenants handle maintenance and other property-related costs
  • Lower Risk: The financial burden on the landlord is reduced, making NNN leases a low-risk investment option

Investing in pre-leased micro-flex spaces with NNN leases means acquiring a property with an existing tenant responsible for all major expenses, ensuring immediate and steady returns.​

Advantages of Investing in Pre-Leased Micro-Flex Units

  • Immediate Cash Flow: The primary advantage of pre-leased properties is the instant rental income they generate. There’s no need to spend time or resources on marketing the space to potential tenants… the property is already producing revenue.
  • Favorable Financing Options: Lenders often view pre-leased properties as lower-risk investments, which can lead to more favorable financing terms, such as lower interest rates or higher loan-to-value ratios.
  • Long-Term Tenancy: Commercial tenants, especially those in micro-flex spaces, tend to sign longer leases, ensuring a stable income stream over an extended period.
  • Capital Appreciation: As the property appreciates over time, investors benefit from both the steady rental income and the increased property value (we obviously can’t guarantee unit appreciation… but the long term trend has always been up and to the right)
  • Diversification: Adding pre-leased micro-flex spaces to an investment portfolio provides diversification, balancing risk and enhancing potential returns.

Personal Warehouse’s Pre-Leased Opportunities in Georgia and Texas

Personal Warehouse is proud to offer pre-leased micro-flex units in our Georgia and Texas projects. These units are designed to accommodate a variety of business needs, ensuring consistent demand and occupancy (but demand is consistent with their desirability, so these units are moving pretty quick… just FYI).

Our Georgia and Texas projects are situated in thriving markets, enhancing the potential for property appreciation and sustained occupancy.​

Owning pre-leased micro-flex spaces with NNN leases offers a compelling opportunity for immediate income, reduced management responsibilities, and potential capital growth. Personal Warehouse’s pre-leased units in Georgia and Texas are tailored to meet the needs of discerning investors seeking stable and profitable real estate investment opportunities.

If you’re interested in exploring these investment opportunities further, we invite you to contact our team for more information. Discover how our pre-leased micro-flex units can enhance your investment portfolio and provide a reliable income stream.