A Case Study – 10651 Coward Mill Road
In this case study, I examine an owner occupied building with lease space. Leasing office space in the building you own will be an excellent vehicle for building wealth. Your tenant’s rental is paying down your mortgage; the rental payments are building the equity in the real estate. And as long as the rental payments continue, you are building wealth.
The property, 10651 Coward Mill Road is a well designed office building with approximately 18,900 square feet of space. In the study, a tenant leases 9,000 square feet on a main level. The balance of the building is owner occupied.
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10651 Coward Mill Road is offered For Lease or For Sale by Realty Executives Associates. To make an appointment for a viewing contact Frank Weiskopf, CCIM at 865 983-0011.
Understand that this is a study of a real estate investment. You should seek the advice from an attorney and an accountant before investing in commercial real estate. Even though the principal illustrated in this case study generally applies, the actual result of your real estate investment would likely be different. The variables include financing; lease negotiations, local codes, and other variable which would be affect the results of your investment.
