Mailbox money without the midnight drama — that’s the dream, right? No 3 a.m. calls about leaking ceilings, no surprise drywall repairs. Just reliable cash rolling in while you sleep.
At The Garage Den in Centennial, Colorado, we’ve created a new way to invest in real estate through pre-leased microflex units. These modern, small-bay flex condos combine stable tenants, triple-net leases, and long-term appreciation — all at an approachable entry price.
Here are seven reasons investors across Colorado are adding pre-leased microflex units at The Garage Den to their portfolios:
1. Business Owners Make Better Tenants
When rent is just another line item on a company’s P&L, missed payments are emergencies, not oversights. Tenants treat the space like a showroom — often just needing light cleaning between leases. Turnover is minimal, with businesses typically staying three to five years or more.
2. Diversification Without the Big Price Tag
Commercial real estate is usually out of reach for smaller investors. Our flex units start around 1,000 sq. ft., with entry prices similar to a single-family rental — but with the benefits of longer leases, professional tenants, and built-in exit potential when a business eventually wants to buy the space.
3. Triple-Net Leases Mean Autopilot Income
With NNN leases, tenants cover rent, taxes, insurance, utilities, and CAM fees. We include 3% annual rent escalators, so your income rises with inflation. For most investors, the main task is watching deposits land each month.
4. Condo Ownership = Less Hassle
The Garage Den handles snow removal, landscaping, roofing, and exterior upkeep. Strict “no-noxious-use” rules protect your investment and keep resale values strong. That means you spend more time on strategy, less on shovels and service calls.
5. Lease Terms in the Sweet Spot
Residential leases are too short; traditional commercial leases can feel locked-in forever. Our three- to five-year terms are long enough to satisfy lenders while short enough to adjust to market conditions and push rents upward when appropriate.
6. Perfect for 1031 Exchanges
Finding sub-$1M properties that qualify for a 1031 exchange can be tough. Our pre-leased small bay flex condos fill that gap, letting you roll equity into a property that delivers day-one cash flow, deferred taxes, and diversification.
7. Investor-Friendly Financing
Local banks love stabilized assets. Investors often secure loans with 30–40% down at competitive rates, thanks to strong tenant performance, NNN lease structures, and proven appreciation.
Bonus: Appreciation That Stacks Up
Colorado’s flex space market continues to tighten, and values for small-bay industrial condos have historically appreciated around 6% annually. Early buyers often gain even more as prices rise through each sell-out phase.
See It for Yourself
We recently recorded a walkthrough of a 1,950-sq.-ft. pre-leased unit at The Garage Den in Centennial: epoxy floors, stunning mezzanine level, oversized 14’x14’ overhead door with windows, and high-end finishes. When tenants lease these spaces, they treat them like flagship locations — keeping them in pristine condition for years to come.
Ready to Invest?
Pre-leased microflex opportunities at The Garage Den in Centennial, CO don’t last long. With cap rates typically in the 7%–8.5% range and near-passive income potential, these units are an ideal addition to your portfolio.
Contact thegarageden.com today to learn more about these investor savvy small bay flex spaces!