Retail Space For Lease @ 3601 9th St

• Purchase with Only 10% Down - Buyers seeking to occupy the building for their business often qualify for financing from the Small Business Administration. This program finances up to 90% of the purchase price at interest rates in the mid 3% range (as of mid 2021).

• At $3.2M, you can buy this building with a down payment of $320,000 and a monthly payment of approximately $14,300 ($1.49/SF - less than leasing!)

•After removing principal paydown and accounting for just the interest portion of the monthly payment, the cost to occupy this building is approximately $7,327 per month or $0.76/SF - less than half the cost of leasing.

•Owner-user buyers can further lower their occupancy cost by leasing a portion of the building. The SBA requires buyer to occupy at least 51% of the property, Leaving the remaining 49% available to leasing.

•As an owner, you will benefit from the potential appreciation of the asset This space offers accomodations for: street retail.