SmallBay.co is a resource for small bay flex industrial real estate developers, owners, operators, investors, brokers, and anyone looking to learn more about the asset class.
Small bay industrial is multi-tenant industrial real estate with compact units—typically 500 to 10,000 SF each—that combine warehouse and office space. Buildings can be much larger overall; the unit size is what sets it apart from big-box.
Free tools for small bay flex industrial real estate—for people interested in or operating these properties.
Estimate monthly base rent, CAM charges, and total occupancy cost for a small bay flex unit.
Evaluate tenant creditworthiness with rent-to-revenue ratios, occupancy cost analysis, and risk scoring.
Calculate Net Operating Income for your small bay flex property with expense tracking and vacancy assumptions.
Calculate Debt Service Coverage Ratio to evaluate loan feasibility for small bay industrial properties.
Calculate tenant CAM shares, true-ups, and annual reconciliation for multi-tenant small bay properties.
Calculate a tenant's total occupancy cost (rent + CAM + utilities) as a percentage of revenue to assess affordability risk.
Calculate cash-on-cash return on a small bay acquisition from down payment, closing costs, NOI, and annual debt service.
Calculate yield on cost and development spread from stabilized NOI, total project cost, and comparable market cap rate.
Project a year-by-year base rent schedule from fixed percentage, fixed dollar, or CPI-style escalations over a lease term.
Articles on small bay flex industrial, leasing, and related terms.
NOI is a property's income after operating expenses, before debt service and capital costs. Formula, what counts as income and OpEx, and how lease structure changes the stack.
How flex industrial and self storage compare on use cases, unit size, lease terms, operations, site selection, and underwriting inputs.
Your small bay brand is more than a logo—it's the total experience tenants have with your property. Here's how to build a brand that attracts quality tenants and commands premium rents.
More listings mean more leads. Here's where to post your small bay flex industrial space to maximize exposure and fill vacancies faster.
Big-box warehouses usually serve one large occupier. Small-bay properties divide space among many tenants in smaller units.