Office Buildings

View our inventory of Office Buildings.

Owning a commercial-industrial condominium is one way for small businesses to escape the monthly lease payment and add value to your company. The value of a business is increased when property is involved. The two don’t have to go hand-in-hand if the business sells, but a higher asking price is warranted for the business if a structure goes with it.

Commercial prices are lower than they have been most of this century – making now an ideal time to invest for the first time or to upgrade your business property.

Benefits of owning are much like the residential market – tax write-offs, not worrying about rent going up, and being in control of the building and it’s improvements.

Agent Disclosure

• Real Estate Terms

  “Capitalization Rate (Cap Rate)
  The cap rate is the ratio used to estimate the value of income produced by the property. The cap rate is the net operating income divided by the sales price of the property. If you look at a typical commercial real estate transaction, the seller of a property is trying to sell for the highest price and the lowest cap rate, the buyer is trying to buy the property at the lowest price which translates into a higher cap rate. The lower the sales price the higher the cap rate. Market cap rates vary from marketplace to marketplace and can vary depending on the motivation of the seller and the eagerness of the buyer.
  
  Call a real estate investment broker who is dominant in the market area which interest you, and who is most experienced with brokering transactions for your specific type of property. Contact us at (541) 686-8246 for further recommendations.”