Tiny Spaces, Big Potential: Micro-Units in Business Spaces

Reblogger
Real Estate Agent with HomeSmart Elite Group Tempe AZ Tel: 602.710.8161 SA585680000

Broker Mike Tolj offers a perspective of the place of micro-spaces in commercial real estate. Think of the potential micro-units will have in the office space market. Just as tiny homes have their market, tiny micro spaces in commercial real estate are an  opportunity for the right stage of the business.

Original content by Mike Tolj DRE01373646

Are you wondering how micro-units can transform commercial real estate? You’re not alone – many savvy entrepreneurs are turning to these miniature but mighty spaces as a cost-effective way to start their small businesses. Whether you’re looking for the perfect building to host your innovative retail concept, or if you need an affordable office space in an urban area, there is no doubt that micro-units have revolutionized the industry.

In this blog post, we will dive into some of the key points of micro-unit development and explore why this mini-era has become so popular with businesses. We’ll also discuss what landlords need to know before capitalizing on this new trend to maximize their profits while still providing quality commercial space solutions for tenants.

In the business’s simplest of terms, micro-units are any type of commercial or multi-family space that is smaller than the market average. These micro unit varies in different markets which is why they vary so greatly across the various markets.

Key Takeaways

  • Micro-units have become a trend in commercial real estate across the country in recent years. This is due to the surge of urbanization, increased demand for affordable workspaces, and start-up culture which are all driving forces behind the micro-unit boom.
  • With their efficient use of space, lower costs, adaptability and flexibility of design, and eco-friendliness, it’s no wonder that so many businesses are turning to micro-units for their commercial space needs.
  • However, when exploring this new trend in commercial real estate, landlords need to consider the unique challenges and concerns associated with micro-units such as zoning and regulation hurdles, investor skepticism, limitations in design, and more. It’s also important to note that micro-units are not a one-size-fits-all solution, and it’s important for landlords to understand the various types of businesses that are best suited for these smaller spaces.

👉👉  Check out the complete article on navigating rent control at https://toljcommercial.com/micro-units-in-commercial-real-estate/

 

Posted by

Steffy Hristova, MBA, SFR, CNE, Realtor®

HomeSmart Elite Group
Tel:  (602) 710-8161

10601  N. Hayden Rd. I-100
Scottsdale AZ 85260

                                                           http://www.talktosteffy.com                                                               

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Comments (8)

Mike Tolj
Tolj Commercial Real Estate - Los Angeles, CA
Commercial Real Estate Without the Stress!

Steffy, thanks a bunch for spreading the word about my recent post. I truly appreciate it!

Dec 07, 2023 01:31 PM
Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 602.710.8161 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

Mike Tolj , I think my readers will benefit from your insights.  

Dec 07, 2023 02:48 PM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good evening Steffy,

Well I missed this post by Mike Tolj so I'm off to read and comment on his post. Thank you for the re-blogg.

Dec 07, 2023 03:09 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Steffy what a great reblog I would missed it if it was not for you, Endre

Dec 07, 2023 10:47 PM
Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 602.710.8161 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

Hi Dorie Dillard Austin TX , I am glad that you stopped by, and that you visited Mike Tolj original post. Somehow the featured photo did not repost on my re-blog. The image does add to the content and to the imagining what a micro-space actually may look like.

Dec 08, 2023 08:56 AM
Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 602.710.8161 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

Hi Endre Barath, Jr. , thanks for stopping by. Mike Tolj is a newer member to Active Rain from your area. I like his posts on commercial real estate topics.

Dec 08, 2023 08:58 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Thank you Steffy Hristova  started following him thanks to your introduction, Endre

Dec 08, 2023 11:19 AM
Roy Kelley
Retired - Gaithersburg, MD

Thank you very much for sharing this reblog selection.

Enoy the holiday season! 

 

Dec 11, 2023 09:37 AM