Flex Space Feasibility Study
Unlock the Potential of Your Development Project with Our Flex-Space Feasibility Studies.
Real estate developer looking for a flex-space feasibility study,
An investor who is looking for flex space market conditions for a proposed project,
Lender, seeking independent qualified opinion for the flex-space project,
Seeking a flex-space feasibility study for an SBA 7(a), 504 loan program?
Elevate Your Business with Strategic Insights
At MMCG Invest, LLC, we specialize in comprehensive feasibility studies for flex-space development that pave the way for successful development. With a keen focus on maximizing efficiency and profitability, our studies provide the foundation you need to make informed decisions to develop an flex space project.
Why Choose a Feasibility Study for Your Flex-space Development?
Understanding the Market: We delve deep into market trends, demographics, and competition to ensure your flex space development is positioned for success.
To determine the success of the project, we:
• Identify your potential customers (freelancers, startups, small businesses, etc.).
• Industry Trends: We research current trends in the flex space market. Look for reports and articles on the growth, challenges, and evolution of flex spaces.
• Competitor Analysis: We identify existing flex spaces in your area of interest. We analyze their offerings, pricing, occupancy rates, and customer reviews.
• Demand Estimation: Based on our research, with the combination of the CoStar and Reis datasets, we estimate the potential demand. We deeply analyze factors like the number of freelancers, startups, and small businesses in the area and their current working arrangements within the primary market area.
• Location Analysis: We assess the suitability of various locations based on accessibility, proximity to target customers, and competition.
• Collected data and analysis are elaborated into informed decisions on whether there is sufficient demand and whether the project is viable.
Our financial experts analyze costs, revenues, and profitability to provide a clear picture of your potential investment.
• Revenue assumptions are always based on the values from nearby leased spaces.
• Operating expenses ratios use data from the actual financial statements of nearby similar facilities. Only this approach, when the information like utilities, real estate taxes, and insurance for similar scale facilities make the model precise and reliable.
Risk Assessment: We identify and mitigate risks, ensuring your project progresses smoothly.
Our Expertise: Your Advantage
With years of experience in real estate and flex-space development, our team brings a wealth of knowledge and insights. We're committed to providing you with the data and analysis needed to make decisions with confidence.
Ready to Get Started?
Embark on your flexspace development journey with a solid foundation. Contact us today for a free consultation and discover how our feasibility studies can transform your project from vision to reality.
Have a particular challenge you're trying to deal with? Let's discuss your project and see what we can do for you.
30 N Gould St Ste N Sheridan,
+1 (646) 777-5113