Investment Info:
Office Space buy & hold investment.
Purchase price: $120,000
Cash invested: $120,000
Office Condo I lease
What made you interested in investing in this type of deal?
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Hi,We are evaluating an Office space for sale with an existing tenant in place. Tenant signed a 5-yr lease with one 5-yr option to extend and right now, they are in the first year of lease. Tenant is a national franch...
I own my own business and was looking into possibly buying our office space. We are locked in to a very good lease (with 3 years left and a possible 3 year tenant option to renew) which is making it tough for our lan...
Hi, I am looking to purchase an office in an office condominium. Should I base my offer on the usable/occupiable square footage or the gross square footage (rentable square footage)?Usable: 815 sf.Gross/Rentable: 965 ...
I have found that there are several of these buildings for sale. Does anyone have experience in this? A big concern would be that the USPS is so far in debt now. Could alot of these be closing in the ear future? If t...
Hi BP, I am under contract to purchase our first office building, it is fully occupied with 2 tenants. I have asked standard documents through my attorney to the seller's attorney - leases, insurance with any claims i...
I am looking to buy my first commercial building. The plan is to use a very small portion of the building for my new office and rent the rest which could be broken up into 3-6 units or more. Here are details...4862 Sq...
Hi, I am looking to purchase an office in an office condominium. Should I base my offer on the usable/occupiable square footage or the gross square footage (rentable square footage)?
Usable: 815 sf.
Gross/Rentable: ...
Wondering what to do with a potential opportunity. I have a relative selling a small medical office with a lot of equity in the building. Ownership of the office is shared with a partner. The building has only ever...
Hello BP GurusI have experience in Residential properties but Zero experience in Commercial properties.I’m intrested to Buy office building “Total 3,900 sq foot 2 story building. main floor has a foyer, reception ar...