Finding small capacity warehouse tennants
Myself and some business partners are looking at buying a 10,000 sqft warehouse to use as a motorcycle garage and repair co-op.

One part of this plan is that at the beginning, we could use about 2000 sqft as sort of flex, short term warehouse space to get some extra income as we are ramping up other parts of the business. We would have no problem doing a year or even 2 year lease but don't want to get into anything longer than that.

Has anyone ever heard of doing this kind of small informal warehouse renting? Any thoughts on if/how this could work?
[{"id": "fp8slm3", "text": "I own a handful of light industrial buildings and some warehouse/flex space. Some of them are subdivided into small shops, 1-2k sq ft. They're easy to lease out, do TI's, manage &amp; what not and have been great investments and developments. One thing I would never consider is letting other business owners/hobbyists have access to another tenants space/personal property. It opens you up to serious liability concerns, potential bad blood between tenants, and things can get messy fast. If you're planning on leasing out other parts of the building, you're better off separating spaces, you could do so with minimal cost, even with chain link fence (not my preference, but have seen it done on many properties). Also, the word \"informal\" is a little concerning, if you're the owner, especially if you're an occupant, there needs to be clear expectations, boundaries, and solid legal documentation with each new tenant. Again, things get messy fast if those are not in place.", "replies": [{"id": "fpad7p1", "text": "Yeah good points. When I said informal, I meant more like not tailoring the facility specifically for warehousing, not like no contracts or compliance. We do plan to deal with all of that stuff.\n\nI was wondering about solutions regarding dividing space but did assume people would expect to be able to lock other people out of their space.", "replies": [], "depth": 2}], "depth": 1}, {"id": "fp9684w", "text": "Creating seperared untis is not as simple as putting up drywall.\n\nPermits, inspections, fire code review. You may need additional exits.\n\nYou may need to create new addresses and register them with usps and 911, etc.\n\nSepetate electrical (unless you want to sort out a bill split (recipe for disaster)) \n\nMaybe where you are it is still relatively inexpensive, but look at a break even compared to how much rent you're potentially going to collect.\n\nI'm not discouraging you, but you need an accurate cost/income analysis, especially for a 2year theoretical end of time line.", "replies": [], "depth": 1}, {"id": "fp9j7gu", "text": "There are companies that do this on a large scale. They put up temporary partitions to section out space in a large warehouse and share the amenities with the tenants.", "replies": [{"id": "fpad3e4", "text": "Do you have one you could point me towards so I could read their marketing materials?", "replies": [{"id": "fpafgnq", "text": "I remember cubework and saltbox. There are some others but I don't remember the names.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}]