By Garrett Byrd Improving Net Operating Income (NOI) on a 20,000 square foot facility requires a mix of micro-efficiencies and creative revenue streams. Because a 20,000 sq. ft. facility is on the smaller side (often considered a boutique or "mom-and-pop" size), you don't have the massive scale to absorb wasted expenses. Every dollar saved or earned moves the needle significantly. To put this in perspective: at a 7% cap rate, every $10,000 you add to your annual NOI increases
