The Hybrid Model combines multiple build concepts into one park to maximize both rental income and tenant diversity. The configuration is often dictated by site layout, frontage visibility, traffic counts, and local demographics. A common approach is to place higher-end, showroom or retail-style units at the front of the property—where visibility drives higher rents—while positioning basic contractor or warehouse units toward the rear for cost efficiency and practical use.
This strategy allows a developer to appeal to a broader tenant base and optimize income by leveraging different rental rates on the same parcel. However, it’s critical to plan aheadfor variations in parking requirements, especially when incorporating retail or showroom elements. One caution: avoid combining flex with self-storage on the same parcel, as these asset classes attract different buyer types and often limit resale value when bundled together.
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