Real Estate - Lewisville, TX, US
✔ Niche industrial, real estate asset, addressing two underserved market "blind spots" with a diverse client base✔ Tenant profiles collectively generate 15-18% of US GDP and are deemed "essential businesses"✔ Gaining only 0.1% of the addressable market in 9 key states produces a multi-billion-dollar opportunity✔ Multi-tenant industrial is a stable asset class✔ Limited to no impact from the Covid-19 pandemic✔ Experienced management team with a track record of successVISION: AllTrades Industrial Properties, Inc., invested two years developing a real estate product offering filling a market "blind spot" in a niche blue-collar industrial estate asset class. Underserved by current offerings, the segment lies between typical light industrial space, outdoor secured storage, and traditional self-storage markets. The success of the recently completed concept property in Lewisville, TX, validated tenant demand. It became fully leased with a mix of national, regional, and local tenants, all of whom executed their lease commitments during the pandemic.THE OPPORTUNITY: WorkSpace Shops™ - Blindspot #1 Existing older inventory of light industrial was not designed to provide a consolidated solution for contractors and service businesses. The combination of office/warehouse and secured outdoor parking/storage for trucks, trailers, and equipment is virtually non-existent. WorkSpace Shops range from 2,550 sq.ft. and up.WorkSpace Studios™ & WorkSpace Storage™ - Blindspot #2Smaller industrial studios/shops/warehouses less than 1,000 sq.ft. for small businesses and hobbyists are non-existent in either light industrial or self-storage. Units that do exist are typically poorly designed inefficient layouts in old, tired industrial parks. AllTrades designed the third level of the building for WorkSpace Studios & Storage, accessible by large open freight elevators and open staircases, for tenants who require more than just storage space, but not a large warehouse or shop space.
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