- Jul 26, 2007
So I spoke to a Realtor today and she said that there is a building they just got listed. The building has a 3 year triple net lease, they are asking $240k and collecting $3200/month rent. The lease is with a cable company- I think their plan is to only rent out half the building at the 3 year point as their contract will be expired then. ...I found a local bank who would be willing to finance this with 10% down and at 8.25%. What do you guys think? Anything else I should be aware of? How would I go about renting the other office space at the 3 year point?
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