Wiggin Properties' brokers help tenants, owners and investors find the right commercial industrial property for their business. Here is a complete list of industrial properties offered by Wiggin Properties. For personal assistance with any of these properties or a property not included on this list, please call 405.842.0100 (Oklahoma City metro area) or 918.935.2010 (Tulsa metro area). We'll be glad to help.
Generally real estate professionals categorize the following commercial properties as Industrial: warehouses, research and development buildings, manufacturing buildings, flex buildings, storage buildings including self-storage buildings and warehouse showrooms.
Flex space, aka "flexible space", is a suite configuration that includes a mix of warehouse and office space. The distinction between a warehouse with office space and a flex space is generally made to indicate higher end finishes within the office portion of the suite and a more equal distribution of suite square footage between office and warehouse buildouts.
Unlike the office space category, flex space indicates the suite includes warehouse space. This warehouse area is accessed from within the flex suite and features ceilings much higher than those found in typical office buildings.
A triple net (NNN) lease agreement typically only includes the maintenance and repair of the exterior of the structure within the base rental rate. The tenant is responsible for all costs associated with maintaining and operating the space as well as a CAM fee that usually includes property taxes, insurance and maintenance. Any expense paid by the landlord is billed to the tenant based on the tenant’s pro-rata share of the property.
A modified gross lease rate can vary greatly from landlord to landlord. These lease agreements typically include some, but not all the costs to maintain the building and common areas and may or may not include the property taxes and insurance. Typically, these leases do not include utilities or janitorial services.