LEASE TERMS
5 – 10 years leasing contracts versus 1 year with residential leases.
SIGNIFICANT SAVINGS
The annual cost of office condominium ownership is less than the cost of leasing. Current market lease rates far exceed the annual office condominium carrying costs, including common charges, real estate taxes and if applicable, mortgage payments.
CREDIT WORTHY TENANTS
Tenants are backed by strong guarantors, reducing the risk of rental payment default therefore ensuring the stability of the investment.
LOWER MANAGEMENT / MAINTENANCE COSTS
Tenants assume repair costs throughout the term of their lease.
UNIQUE OPPORTUNITY TO OWN
Previous phases built by developer have only been available for leasing.
Developer: Grupo ECO
- 8 min to Hallandale Beach Oceanfront
- 5 min to Publix Super Market at Hallandale Place Shopping Center
- 5 min to Shell Bay Club
