Ideal use: – Owner user who needs the full suite (2,880 SF) or half the suite (1,440 SF upstairs or downstairs) - Investor – Current owner will lease back the entire property at $20/SF Gross ($57,600/year) for two years. He will pay the new owner $57,600 at closing and spread the second year’s rental payments over 24 months ($2,400/mo.) At $20/SF the cap rate is 5.4% - Investor who prefers a vacant property to lease up; projected rental rate $22/SF Gross (6.2% cap rate)