593: Once In A Lifetime Opportunity To Buy Office At Pennies On the dollar.

In certain markets, you can buy suburban office property for as low as $10/ft where it costs $200/ft to build. What’s more, you don’t have to go through the toil of finding off market deals, they’re listed publicly on LoopNet, Crexi, and other prominent sites. As workers have left downtown offices, they’ve chosen to work closer to home. Buildings with smaller one to three person offices in particular are seeing strong tenant demand. As a result, many suburban office buildings are at 90% occupancy.  Ash Patel, a successful Value-Add investor, invests in office buildings, flex Industrial, strip retail, and ground up construction. Ash doubles his money on most deals in three to five years.