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| Proposed Sale Terms |
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Pricing for the Office condominiums are listed below. Please contact Bourbonnais Office Park , LLC for current availability.
Warm Building Shell Prices:
1st Floor: $150 per SF (Pre-Construction Price)
2nd Floor: $150 per SF (Pre-Construction Price)
3rd Floor: $150 per SF (Pre-Construction Price)
Warm building shell consists of:
- Highly appointed lobby
- Common area restrooms
- Finished stairwells and corridors
- HVAC located on roof (not distributed)
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| PreTax Ownership Benefits |
Bourbonnais Office Park Pre-Tax Ownership Benefits:
- Long term equity appreciation
- No annual or arbitrary rent increases
- No periodic lease renegotiations
- Flexibility to sell all or a portion of the premises
- You decide when you want to sell or lease your suite
- As owner you have input into the management and operation of the building and common areas
- Customized interior design and appointments of your suite allows you to determine layout and costs
- Fee ownership with all the amenities and professional associations of a large medical facility
- For depreciation and personal tax benefits contact your tax professional.
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| Sample Purchase |
| Below is an estimated occupancy cost. Please note this is only an estimate and not a guarantee. |
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Estimated Occupancy Cost (SAMPLE) - 2,000 SF on the Second Floor |
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Total |
Per SF |
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Shell Purchase Price:
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$300,000 |
$150 |
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| Tenant Improvements {1} |
$50,000 |
$25 |
Estimate |
| Total Purchase Price: |
$350,000 |
$175 |
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| Down Payment: |
$35,000 |
$17.5 |
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| Financed Amount: |
$315,000 |
$157.5 |
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| Interest Rate: |
6.0% |
N/A |
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| Loan Term (yrs): |
25 |
N/A |
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| Monthly Mortgage: |
($2,029) |
($1.01) |
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| Yearly Mortgage: |
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($12.17) |
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Notes:
{1}Tenant improvements are estimated at $25/u.s.f. and will vary depending on the space plan.
{2} Please contact Bourbonnais Office Park LLC with any specific questions regarding the occupancy costs for this building. |
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